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07 September 2021 • By Maja Garaca Djurdjevic • 1 min read

RBA makes cash rate call as pressure on economy intensifies

The Reserve Bank of Australia has made its latest call on the official cash rate. With the economy bearing the brunt of a new round of lockdowns in ...

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IFM Investors makes ambitious climate pledge

IFM Investors has pledged to achieve net zero by 2050 by among other things restricting investments in any assets that derive material amounts of ...

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Banks’ profitability soars

The banks have had an exceptionally strong financial year 2020-21, with industry profitability surging by over 20 per cent compared to a year earlier

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Mixed bag for ASX companies on acting on modern slavery

A recent report by the Monash Centre for Financial Studies has found that a number of ASX companies have not adequately considered the risks posed by ...

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Centuria expands REIT portfolio

Centuria Office REIT (COF) announced on Monday that its portfolio value is set to advance to $2.3 billion, an increase of 2.3 per cent, following two ...

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MH Carnegie partners with crypto asset fund manager

Alternative asset manager MH Carnegie has announced that it will look to cement itself as a leader in the crypto investment space in unveiling new ...

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ETF boom to drive market cap $200bn

Exchange-traded funds (ETFs) are to remain the go-to product for retail investors, with the industry in Australia set to grow to $200 billion in the ...

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Allianz and associated company hit with $1.5m penalty for ‘misleading’ sales

Allianz Australia Insurance and associated company AWP have been ordered to pay penalties totaling $1.5 million in relation to the “misleading sale” ...

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Does bitcoin have a long-term future?

We might not get there for a while, but the end of bitcoin mining is eventually going to arrive. What happens then? If you’re thinking about ...

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Largest Australian banks at high risk of criminal activity

AUSTRAC has released four new risk assessments revealing that the Australian banking sector is at “medium” to “high” danger of money laundering and ...

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