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09 November 2022 • By Jon Bragg • 1 min read

Second class action launched against Blue Sky

Shine Lawyers has filed a class action in the Federal Court. Blue Sky Alternative Investments has become the subject of a second class action ...

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Market headwinds trigger call for hedge against big 4

Investors have been warned not to “overexpose” their equity portfolios to the big four banks amid a dampening appetite for credit and falling property ...

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CareSuper and Spirit Super exploring potential merger

The two super funds have over 500,000 members and over $45 billion combined. Industry super funds CareSuper and Spirit Super have announced they ...

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Cboe Australia appoints new APAC head of software engineering

Cboe Australia has brought on a new head of software engineering from the Cboe FX New York office as it grows its technology team. Rylan Uherek, ...

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GSFM bolsters Sydney-based distribution team

Fund manager GSFM has added to its Sydney-based distribution team with the appointment of an experienced financial services executive to a newly ...

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NAB reports $7.1bn cash profit, helped by higher interest rates

The big four bank has delivered its full-year results. NAB has posted an increase in cash earnings for the financial year ending 30 September to ...

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Rate hikes plunge consumer confidence below GFC levels

Australian consumers are growing increasingly concerned about their finances, with 40 per cent planning to reduce their spending this Christmas

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Rest Super expands State Street custody mandate

Rest, one of Australia’s largest profit-to-member superannuation funds, has reappointed State Street Corporation to provide custodial services

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Former Courtenay House director pleads guilty to $180m Ponzi scheme

Former director of trading firm Courtenay House has admitted guilt to conducting a $180 million Ponzi scheme. Tony Iervasi has pleaded guilty in ...

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Hamish Douglass’ family offloads 13m shares in Magellan

Hamish Douglass’ family has disposed 13 million ordinary shares in Magellan. In an ASX listing on Tuesday, Magellan confirmed it has been notified ...

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