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25 March 2024 • By Jessica Penny • 1 min read

Goldilocks consensus premature amid ‘deteriorating’ consumer health: Investment manager

New research has highlighted the potential for a hard landing in the Australian economy despite the prevailing “Goldilocks” outlook, as consumer ...

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ANZ agrees to settle class action for $57.5m

ANZ has agreed to pay $57.5 million to settle a credit cards class action. ANZ announced on Monday that it has reached an agreement to settle a ...

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Bearish sentiment festers on Australian banks amid market rally

While little exposure to the big four banks has cost Firetrail Investments in the last six months, its deputy managing director remains convinced ...

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Investment managers place bets on smaller AI ‘disruptors’

There are good reasons to be excited about artificial intelligence, but opportunities in this space go beyond the Magnificent Seven, a professional ...

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Recent SEC action spurs discussions of ‘AI washing’ in Australia

Regulatory action in the US against two investment advisers has raised concerns about the potential for financial firms to face accusations of “AI ...

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‘Macro bullishness’ drives fundie allocations as recession woes dissipate

Global fund managers are the most bullish they have been in more than two years, new data has shown. Growth expectations are at a two-year high for ...

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RBA expected to take cautionary stance on latest jobless data

The RBA is expected to approach the latest jobless data very cautiously. The unemployment rate in Australia fell by 0.4 percentage points to 3.7 ...

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Economists divided: When will the RBA cut interest rates?

The timing of when the RBA will begin cutting interest rates has become a subject of speculation among economists. On Tuesday, the Reserve Bank ...

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BOJ hikes rates with minimal impact amid volatility predictions

Japan has gone against the grain by hiking its interest rate for the first time in 17 years, with predictions of adverse impacts yet to materialise

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The ‘three’-pillar investment structure and why Australia is falling behind

For this ASX-listed asset manager, the segmentation of its investment team and portfolio managers is crucial for maintaining a diversified and ...

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