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

Stock market volatility tipped to persist

Conditions are expected to remain challenging as markets globally digest the effects of rising inflation. Stock market volatility is tipped to ...

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Big 4 banks invest in real-time direct debit platform Paypa Plane

Consumers will be able to make real-time payments to businesses directly from their bank accounts. Commonwealth Bank has partnered with fintech ...

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Tribunal upholds ban for former Provident director

The Administrative Appeals Tribunal (AAT) has upheld a ban and disqualification imposed by the ASIC on a former director in 2015. On Monday, (7 ...

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Former industry super fund executive manager joins MLC

MLC Life Insurance has confirmed the move. The life insurance business has confirmed former executive manager for operations at MTAA Super (now ...

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ANZ’s margin shrinks on ‘structural headwinds’

Australia and New Zealand Banking Group confirmed margins were down 8bps on the quarter as a result of ongoing structural headwinds. In an ASX ...

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BetaShares launches Australian Composite Bond ETF

BetaShares has launched the Australian Composite Bond ETF on the ASX. BetaShares on Monday announced the launch of the BetaShares Australian ...

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Douglass takes leave of absence as Magellan reports $2bn FUM loss

Magellan Financial Group confirmed on Monday that Hamish Douglass is taking a leave of absence, while in a separate statement detailing its $2 billion ...

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RBA forecasts inflation peak in June

Inflation is forecast to peak at 3.75 per cent in June. The Reserve Bank of Australia (RBA) has predicted CPI inflation to peak at 3.75 per cent in ...

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Rent-to-own start-up receives backing from CBA

The bank has invested in a start-up that aims to help renters become homeowners.  Commonwealth Bank’s start-up incubator x15ventures has joined a ...

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Bipartisan support for CCIV confirmed

The FSC has been advocating for the introduction of the CCIV for years. A Senate inquiry report has confirmed bipartisan support for the corporate ...

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