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14 February 2023 • By Jon Bragg • 1 min read

Challenger reports 56% drop in statutory NPAT

The investment management firm has issued its half-year results. Challenger has posted a 56 per cent fall in statutory net profit after tax (NPAT) ...

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Treasurer reveals decision on Lowe to be made by mid-2023

The Treasurer is expecting to receive the recommendations of the RBA review next month, following which he will make a decision on Philip Lowe

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Fiducian posts lower net profit, higher FUMAA

The firm has announced its results for the half year ended 31 December 2022. Fiducian has posted a 9 per cent fall in underlying net profit after ...

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CRE credit investors to thrive in harsh market

Commercial real estate investors may continue to benefit from interest rate rises and housing supply shortages, an investment manager has revealed

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Treasurer details how he plans to tackle inflation in May’s federal budget

Jim Chalmers has committed to delivering a “responsible” budget in May. Treasurer Jim Chalmers has outlined the federal government’s three-part ...

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Lowe’s forward guidance surprises, economists lift rate expectations

While the RBA’s 25 basis point hike was anticipated, Philip Lowe’s forward guidance has surprised some economists.   The Reserve Bank of Australia ...

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Centuria reports uplift in revenue, steady profit

The specialist investment manager has released its half-year results. Centuria Capital Group has reported a total operating revenue of $159.7 ...

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WA man sentenced for conspiring to commit market manipulation

The man has been sentenced to 12 months’ imprisonment. Don George Evans has been sentenced to 12 months' imprisonment by the Supreme Court of ...

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Opposition accuses government of abandoning surplus goal, risking economic stability

The Shadow Treasurer has accused the Labor government of giving up on a budget surplus.  With the next federal budget now roughly three months ...

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Magellan reports uptick in FUM

The fund manager has experienced a positive start to 2023. Magellan Financial Group had $46.2 billion in funds under management (FUM) as of the end ...

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