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22 September 2022 • By Jon Bragg • 1 min read

Australian investors increasingly shifting approach due to market volatility

Australian investors are still investing despite the ongoing market volatility. A new survey by HSBC has revealed that 73 per cent of Australian ...

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Magellan announces board review, discloses Douglass' fee

Hamish Douglass will be paid $400,000 per annum for consultancy services. In response to stakeholder feedback, Magellan has provided further detail ...

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Reserve Bank reports ‘significant’ loss

The RBA’s deputy governor said pandemic spending has blown the central bank’s budget out by more than $35 billion. The RBA has incurred around $36 ...

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Government announces members of YFYS technical working group

The working group will work alongside Treasury to evaluate the YFYS performance test. Super fund representatives as well as independent economists, ...

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Momentum Markets expands financial services footprint

Momentum Markets announces major acquisition.  Momentum Markets (www.momentummarkets.com.au) has confirmed the acquisition of leading financial ...

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Link's UK subsidiary hit with $85m penalty

The penalty is on top of the $520 million in redress payment that Link Fund Solutions will likely be required to pay for its role in the Woodford fund ...

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ACCC coming after businesses with fake green claims

ACCC is actively targeting ‘greenwashing’ this year.  The ACCC announced on Tuesday that it will soon be commencing an internet sweep of various ...

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TPT Wealth signs onto Principles for Responsible Investment

The company has confirmed its commitment. TPT Wealth has announced that it has signed on to the United Nations-supported Principles for Responsible ...

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ABS brings forward release of monthly inflation data

The bureau said the feedback about its new monthly CPI indicator has been “overwhelmingly positive”. The Australian Bureau of Statistics (ABS) has ...

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Australian banks confirm closure for National Day of Mourning

Bank branches and other financial institutions will be closed on Thursday for the national public holiday commemorating Queen Elizabeth II

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