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01 September 2023 • By Jon Bragg • 1 min read

‘Challenging’ but ‘resilient’ reporting season draws to a close

According to CommSec, dividend and profit results released by Australian companies over the past month signal a soft economic landing is possible

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ASX slips in August as consumer discretionary sector outshines

Australia’s benchmark index ended the month lower, with utilities ranking as the worst-performing sector. After rising by almost 3 per cent in ...

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Zagga launches unitised CRED fund in response to adviser demand

The firm has provided wholesale investors with a non-traditional channel into the private debt sector. Boutique investment manager and non-bank ...

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Investor confidence hits 18-month high

Global investors have ventured their furthest into risk-seeking territory since February 2022. State Street’s Global Investor Confidence Index ...

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Sequoia posts lower revenue and profit following ‘year of transition’

FY23 tested the resilience of the financial services industry, according to Sequoia. Sequoia Financial Group has reported a 10.7 per cent decrease ...

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Future Fund highlights concerns about Goldilocks scenario amid global slowdown

The sovereign wealth fund says recessions remain a risk in developed economies. The Future Fund has downplayed the possibility of a so-called ...

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Inflation drops below 5% ahead of Lowe’s final rate decision

The ABS has released its monthly consumer price index indicator. Inflation eased to 4.9 per cent in the 12 months to July, according to the latest ...

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Russell Investments adds to sustainable managed portfolio range

Three new options have been introduced by the global investment solutions firm amid growing demand among advisers and their clients. Russell ...

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Praemium announces record earnings for Australian business

The firm says it has a solid foundation on which to further expand its market share. In its full-year results released to the ASX on Tuesday, ...

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Mixed results dominate as reporting season nears conclusion

As the corporate reporting season wraps up, companies have presented a mixed bag of financial results, reflecting the ongoing economic uncertainty ...

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