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07 June 2022 • By Maja Garaca Djurdjevic • 1 min read

RBA attempts to douse inflation in latest rate call, says 'further steps' to come

The Reserve Bank of Australia is well and truly in inflation fighting mode. Following its decision to lift rates by a widely unexpected 50 basis ...

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LGIAsuper announces new name

New name and look for Queensland-based super fund. Following its merger with Energy Super and acquisition of Suncorp’s superannuation business ...

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Spaceship Capital director hit with ban

The director and responsible manager of Spaceship Capital has been hit with a two-year ban. ASIC has slapped Spaceship Capital director, chairman ...

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Magellan FUM continues to slide despite CEO appointment

Magellan has reported a substantial decrease in funds under management (FUM), following a slump in global equities. Magellan reported FUM ...

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Qantas Super invests $2bn towards net zero goal

The super fund has partnered with Calvert and Goldman Sachs to reduce its portfolio emissions. Qantas Super has invested $2 billion in sustainable ...

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Hostplus teams with investment software provider for new integration

A new partnership confirmed. Iress has teamed with a local super fund for a new integration designed to “improve adviser efficiency and make it ...

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Investment scam losses climb to $158m

Losses to investment scams have increased by more than 300 per cent so far in 2022. New data from the ACCC’s Scamwatch has revealed that ...

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BlackRock CEO says high inflation could last for years

Inflation is not transitory according to the CEO of the world’s largest asset manager. Larry Fink, the CEO of US$9.6 trillion asset manager ...

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BlackRock identifies key challenges to Australia’s economic and market outlook

Higher inflation and a slowing global economy present a significant challenge. After Australia’s strong fiscal and monetary response saw the ...

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Labor calls for higher wages to offset inflation in Fair Work submission

The government has recommended that wages be lifted amid “highly unusual and challenging” economic conditions. The Labor government has officially ...

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