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30 May 2023 • By Charbel Kadib • 1 min read

Fiscal stimulus not inflationary, tough times ahead: Treasury

The Treasury secretary has rejected claims the government is contributing to inflationary pressures, stressing economic risks are “clearly two-sided”

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Magellan CEO says move away from ‘entrepreneurial attachments’ is key for future growth

Since being appointed last year, Mr George has been instrumental in shaking things up at Magellan and helping it move away from its “entrepreneurial” ...

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US income data dents hopes of rate pause

Further hikes to interest rates may be on the cards, with the latest US spending data pointing to continued household resilience. The battle ...

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ASX bounces back as White House, Republicans strike debt ceiling deal

An ‘in-principle’ agreement has been struck between the White House and Republican leaders, renewing confidence in the equities market

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Will the Reserve Bank tip Australia into a recession?

The RBA is at risk of “overdoing it” and potentially triggering a recession in Australia if it keeps its foot on the accelerator, according to one ...

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AMP appoints new CFO, announces ‘simplified structure’

AMP has confirmed its decision to dissolve its wealth management business. In a statement on Monday, AMP announced that its Australian wealth ...

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Surprise spending dip locks in rate pause: CBA

A sharper-than-expected fall in retail spending is “just what the Reserve Bank wants to see” ahead of its next monetary policy board meeting, ...

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New analytics firm to shine a spotlight on funds management fees

The new firm aims to provide super funds and other institutional investors in Australia with greater insights into the fees charged by investment ...

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Latitude says profit to sink in wake of cyber attack

After suffering a cyber attack in March, Latitude has provided guidance on its half-year and full-year profit, indicating it is unlikely to declare an ...

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ASX offloads Yieldbroker stake

The market operator has confirmed a proposed transaction with a US-based trading platform. ASX has entered into a binding agreement to sell 100 per ...

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