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Markets

07 November 2023 • By Jon Bragg • 1 min read

Active funds show ‘superiority’ in certain categories: Morningstar

The research house has identified a number of categories in which active funds have performed better than their passive counterparts. Active global ...

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RBA makes Melbourne Cup Day rate call

The central bank has announced its much anticipated monetary policy decision following its November board meeting. The Reserve Bank of Australia ...

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Inflation gauge throws Melbourne Cup Day curve ball

The latest inflation indicator has pointed to a marked decline in cost pressures ahead of the Reserve Bank’s widely anticipated hike to the cash rate

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US equities rally as job market cools

Evidence of a deterioration in labour market conditions has buoyed US share markets as expectations of an end to the Fed’s hiking cycle gather ...

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Magellan’s FUM slips yet again

In a monthly update, Magellan has reported that its funds under management has fallen below $35 billion. Magellan Financial Group’s funds under ...

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Westpac posts 26% jump in full-year net profit

While flagging some challenges and uncertainties in the economic outlook, the big four bank believes that it is in a “strong position” to grow

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Markets bet on Melbourne Cup Day hike

Financial markets are bracing for another interest rate rise from the Reserve Bank and a longer wait for monetary policy relief. The Reserve Bank ...

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Household spending rises but discretionary spending softens

The latest spending data has provided new evidence of weakness in the economy ahead of the Reserve Bank’s next rate move. Household spending ...

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Macquarie profit slumps amid ‘less certain market conditions’

CEO Shemara Wikramanayake has asserted that Macquarie remains well-positioned to deliver superior performance despite the firm’s latest half-year ...

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Schroders bearish on shares as ‘age of scarcity’ looms

Australian and global equities markets are tipped to continue underperforming over the near-medium term as economies grapple with inflation ...

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