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04 October 2019 • By Charbel Kadib • 1 min read

Treasurer slams big four for holding back full cut

Treasurer Josh Frydenberg has blasted all four major banks for failing to pass on the full 25 bps rate cut from the Reserve Bank, saying they have “a ...

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Westpac chewing over closing Qld branches

Westpac has confirmed it has proposed closures for six of its 18 St George branches in Brisbane, a result of a “significant decline” with more ...

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World GDP growth to hit 8-year low

The outlook for the global economy has eroded significantly due to escalation in the US-China trade war according to Fitch Ratings, with the credit ...

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NAB’s ‘hefty’ remediation bill won’t hit dividends

A top banking analyst says the major bank’s recently announced remediation costs are only 2 per cent of the company’s value and are unlikely to impact ...

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Trade war hits key APAC industries

Trade tensions are dampening growth in industries major manufacturing and technology sectors throughout the Asia-Pacific, according to a report from ...

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Fund manager buys Queensland’s Dunk Island

A Queensland island that was almost destroyed by a cyclone is set for a billion-dollar facelift thanks to its recent $31.5 million purchase by an ...

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Court rules IOOF subsidiary neglected investors

The courts have ruled in favour of a group of retirees over lost investments in a forestry scheme, in a decision that could see IOOF subsidiary ...

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Hamilton Lane expands in Australia, releases new fund

Asset manager Hamilton Lane has broadened its presence within Australia and has launched a new fund aimed at wholesale and high-net-worth investors

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Resolution Capital launches real assets fund

Resolution Capital has rolled out its new Resolution Capital Real Assets Fund, with a new strategy allowing for up to half of its portfolio by gross ...

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RBA makes October cash rate call - 2019

The Reserve Bank of Australia has announced where the cash rate will stand for October following its monthly board meeting.  The RBA has announced ...

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