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26 April 2022 • By Maja Garaca Djurdjevic • 1 min read

Portfolio manager relieved to rid of 'burdensome' Twitter

According to a portfolio manager, the social media platform has been falling short of potential for years while “underserved” riches have been handed ...

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Foreign buyer activity jumps in property market

The share of new property sales attributable to foreign buyers has reached its highest level in nearly two years. NAB’s latest residential property ...

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Cbus announces new heads of retirement and product governance

The super fund said that the two appointments would support its growth strategy. Cbus has announced the appointment of a new head of retirement as ...

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RBA to lift rates next week, says economist

“The RBA should and likely will raise interest rates next week by 15 bps,” an economist with BetaShares has said. Given heightened global supply ...

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Westpac responds to Federal Court penalty

The big four bank has responded to the penalty handed down last week. On Friday, 22 April, Westpac was ordered to pay penalties in the amount of ...

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Insignia FUA takes hit in latest quarter

The wealth giant has released its March 2022 quarterly results. On Tuesday, 26 April, Insignia Financial, formerly IOOF, reported total funds under ...

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FPA to welcome new chair next month

The industry body will welcome the new appointment next month. The Financial Planning Association of Australia (FPA) has confirmed that deputy ...

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Twitter agrees to US$44bn Musk takeover

The social media giant has entered into a definitive agreement to be acquired by the Tesla CEO. Twitter has agreed to be acquired by Elon Musk for ...

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Is crypto getting the shaft for a big gold re-polish?

While the spotlight shines on trendy cryptocurrencies, investors evidently haven’t lost interest in traditional and tangible commodities like precious ...

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IMF highlights dangers of multipolar world

The IMF has warned of a new potential disaster for the global economy. A new multipolar world could spell “disaster for the global economy”, the ...

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