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08 November 2017 • By Jessica Yun • 1 min read

Research house value ‘negligible’: Innova

Research house ratings are useful for risk management but are not a reliable predicter of investment returns, consultancy Innova Asset Management has ...

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Treasury backs banking competition reforms

The Turnbull government has announced it will back all 11 recommendations made in the Hammond review in support of greater competition in the banking ...

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State Street names new global CEO

State Street Corporation announced the retirement of chief executive Jay Hooley today, and named his successor. Mr Hooley, who will step down from ...

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Australia will ‘lag’ global recovery: UBS

Australian GDP growth and the RBA’s monetary setting will lag behind the global economy, predicts UBS in its global economic outlook

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ASX200 breaks through 6,000 barrier

The S&P/ASX 200 has closed above the 6,000 mark for the first time since the global financial crisis. After flirting with the 6,000 level in ...

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Australia, China to co-operate on fintech

Regulatory body ASIC has entered into an agreement with the China Securities Regulatory Commission to “promote innovation” and share information on ...

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Cash rate on hold for November

The Reserve Bank of Australia has elected to hold the official cash rate at 1.5 per cent at its November meeting. As widely predicted, the RBA has ...

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Millennials’ super fund balances grow 382%

Superannuation fund balances held by the Millennial demographic have risen $226 billion in the last decade, Roy Morgan research has found

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Berkshire Capital expands Australian presence

New York-headquartered investment bank Berkshire Capital has announced the appointment of two financial services industry veterans to lead its ...

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Online broker announces IPO

SelfWealth has announced the release of 37.5 million shares, with hopes its initial public offering will raise $7.5 million. The company – which ...

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