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07 May 2019 • By James Mitchell • 1 min read

RBA to cut rates by 100bps, starting today: Franklin Templeton

Franklin Templeton’s director of Australia fixed income believes the Reserve Bank will be hard pressed not to reduce the cash rate by up to 100 basis ...

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Have property prices bottomed out?

CoreLogic’s Tim Lawless says that the housing market may have moved through the worst of the downturn. While dwelling values continued on their ...

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Janus Henderson outflows continue to disappoint 

It seems the merger between fund manager Henderson Group and Janus Capital has so far failed to overcome the challenges that the two firms have in ...

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Macquarie wealth slips, capital and commodities surge

While Macquarie Group saw its wealth management income drop by $18 million, its capital and commodities businesses soared during FY19. Macquarie ...

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Clear skies ahead for major bank remediation program 

Morningstar is confident that the worst of ANZ’s remediation woes are behind it, while NAB’s costs could blow out to 2020. In his latest analysis ...

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NAB wealth earnings down, clashes with Nippon

National Australia Bank has seen its wealth earnings for the six months leading up to March tumble by 29.4 per cent from the prior corresponding ...

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Change agent De Ferrari well aware of AMP’s ‘significant crisis’

New AMP boss Francesco De Ferrari didn’t mince his words when he fronted an auditorium packed with angry shareholders in Sydney last week

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Pendal profit plummets 26%

Global asset manager Pendal Group has copped a hit to its profit for the half year ending 31 March, with its net profit after tax (NPAT) coming to $84

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AMP wealth records $1.8bn net outflows in first quarter 

The troubled wealth management group saw net cash outflows of $1.8 billion in Q1 2019, compared with just $200 million a year earlier. In a trading ...

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Australian Ethical opens Community Grants program

Australian Ethical has opened its Community Grants program for 2019 and is inviting grassroots organisations that are making positive humanitarian, ...

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