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03 July 2024 • By Keith Ford • 1 min read

Senate committee recommends splitting ASIC

The Senate economics references committee has recommended separating ASIC into two bodies to provide a “more coherent and consistent approach”

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Tech bets paid off for funds in FY23–24: SuperRatings

The median balanced option stands to return high single digits as forecast, with funds holding tech exposures likely to see strong results

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Baker departs Bendigo and Adelaide Bank after veteran stint, successor named

Marnie Baker is stepping down as chief executive and managing director of Bendigo and Adelaide Bank. After six years at its helm, Baker has ...

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Aware Super advice exec departs

Sarah Forman, Aware Super group executive for advice, is set to depart from the fund after almost five years in the role. Forman’s 35-year career ...

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Morningstar nabs former Lonsec CEO

Former Lonsec chief executive, Matt Olsen, has joined Morningstar as director of manager research ratings. Olsen was chief executive of Lonsec for ...

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‘With growth comes scrutiny’: Why private credit is garnering attention

Australia’s private credit sector faces regulatory pressures amid resilient performance and market growth. The global private credit market stood ...

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RBA minutes reflect concerns over inflation

The RBA has acknowledged recent state budgets in its latest minutes, stating that it will assess their impact on the outlook for output and inflation ...

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‘Very thoughtful’ allocations buoy HESTA’s FY23–24 results

The $84 billion fund has credited resilient share markets and its exposure to the artificial intelligence rally for its strong performance in the ...

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Prime secures $3.3m entitlement offer amid expansion plans

Prime Financial is aiming to double its revenue in FY2024–25 via organic growth. Prime Financial has announced the completion of its fully ...

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Fund managers flock to Treasury’s debut green bond

The Australian Office of Financial Management has offered more details about the heavily-subscribed bond last month, noting the lion’s share of ...

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