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19 February 2025 • By Maja Garaca Djurdjevic • 1 min read

Goodman Group homes in on data centre expansion amid risk warnings

Goodman Group has announced a $4 billion capital raise to drive its data centre expansion, yet Morningstar cautions that the growing competition for ...

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Market growth pushes assets under custody to new heights

Local investors continue to increase their offshore allocations to take advantage of ongoing market momentum, new data has found. Assets under ...

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Global X hits $9bn AUM, eyes innovation in 2025

The ETF manager has reached a new milestone and has now set its sights on $11 billion by the year’s end. Global X Australia has exceeded $9 billion ...

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Challenger enjoys 28% profit lift amid growth strategy execution

The investment manager enters the second half of FY2024–25 in “great shape”, its CEO has confirmed. In its 1H25 results, Challenger announced a ...

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HUB24 profit surges 54% in first half FY24–25

The platform provider has seen record half-year net inflows, while its statutory NPAT hits $33.2 million. In its first half results announcement on ...

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RBA rate cut expected, but uncertainty lingers

Experts are widely anticipating a 25-basis-point reduction in the Reserve Bank of Australia’s (RBA) cash rate at Tuesday’s board meeting, bringing it ...

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Westpac reports 9% profit slide in 1Q25

Westpac’s NPAT saw a decrease in the high single digits in 1Q25, the bank has confirmed in its latest financial results. Westpac posted a net ...

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Fiducian Group sees double-digit growth in FUMAA and NPAT

Fiducian Group has posted double-digit growth in both FUMAA and NPAT for the first half of FY25. Announcing its half-year results for the six ...

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Perpetual makes major KKR announcement

Perpetual has confirmed it has received a new proposal from KKR. In an ASX listing on Monday, Perpetual said it has received a revised proposal ...

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NAB CEO warns Australia’s productivity gap is harming key sectors

Australia’s biggest challenge is a lack of productivity, according to NAB’s CEO, who argues that it is the root cause of multiple issues, including ...

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