Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

News

18 July 2023 • By Jon Bragg • 1 min read

RBA justifies July pause, says current cash rate is ‘clearly restrictive’

The central bank has released the minutes of its July board meeting. The amount of tightening handed down to date, lags in the transmission of ...

READ MORE
icon

Praemium achieves record Australian FUA despite lower inflows

The firm has released an update covering the 2023 financial year. Praemium has reported $1.4 billion of net inflows for the financial year ending ...

READ MORE
icon

Economic uncertainty leads to lower inflows at HUB24

HUB24 has released a new update covering its performance over the June quarter. HUB24 had $80.3 billion in total funds under administration (FUA) ...

READ MORE
icon

ANZ forecasts ‘extended pause’, no rate hike expected in August

The bank has abandoned its call for two more interest rate rises this year. ANZ has predicted the Reserve Bank of Australia (RBA) will keep ...

READ MORE
icon

Will conflicting market expectations create a ‘tug of war’?

According to ClearBridge, market expectations of a soft landing could lead the charge into the second half of 2023, or more tentative economic ...

READ MORE
icon

‘Great deal of uncertainty’ about interest rates globally: CBA’s Matt Comyn

The CEO of the Commonwealth Bank has appeared before a parliamentary hearing. There is still significant uncertainty regarding the movements of ...

READ MORE
icon

Slower-than-expected US inflation data sets the stage for final Fed rate hike

Both headline and core consumer price inflation have come in below expectations. The US Federal Reserve may almost be at the end of its monetary ...

READ MORE
icon

ANZ warns of ‘troublesome’ outlook for equities as recession looms

While equity markets have continued to steadily climb upwards in recent times, ANZ says it is unlikely that this will mean a downturn is not going to ...

READ MORE
icon

Australian ETF industry reaches $150bn milestone

The funds under management of the local ETF industry has hit an all-time high. The latest BetaShares Australian ETF Review has revealed that the ...

READ MORE
icon

‘Who knows?’: ANZ CEO uncertain on long-term path of interest rates

In an appearance before the House standing committee on economics on Wednesday, ANZ CEO Shayne Elliott fielded a question about where the bank sees ...

READ MORE