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21 November 2024 • By Maja Garaca Djurdjevic • 1 min read

Westpac adjusts forecast, pushes rate cut expectations to May

Westpac has delayed its rate cut forecast, aligning with its peer NAB’s outlook on the likely trajectory for the Reserve Bank of Australia’s cash rate

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AustralianSuper has ‘right strategic recipe’ for scale: Morningstar

In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges

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Business failures at highest rate since peak of pandemic

New data has found that Australian businesses “desperately need interest rates to come down”. Business failures in Australia are on the rise, ...

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Pinnacle raises $400m to fund strategic stake acquisitions

The investment manager has completed an institutional placement as it seeks to diversify its capabilities. Pinnacle Investment Management has ...

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Emerging markets to outperform developed markets in 2025, asset manager predicts

With a softened global growth forecast in 2025 and geopolitics playing a growing role in reshaping the global economy, emerging markets are expected ...

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Australian dividends witness downward trend

Australian dividends have continued to slip with one in seven firms making cuts despite global dividends hitting a record high in the September ...

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Instos drive growth in Australia’s responsible investment market: RIAA

Demand from institutional investors was the main driver of growth in Australia’s responsible investment market in 2023, as the industry continues to ...

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Chalmers defends Future Fund changes amid Coalition criticism

Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce ...

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Insignia director to depart

Insignia Financial has announced independent non-executive director John Selak will be stepping down next year after almost a decade with the firm

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Aware Super unveils strategy hire

The fund has hired a former ART executive as its new head of group strategy. Andrew Ko has been named head of group strategy at Aware Super, ...

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