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Hit to banks to come from higher rates

Following the Reserve Bank of Australia’s decision to increase the cash rate by 50 basis point this month, the big banks have quickly raised interest rates on their mortgages, as well as interest rates on some savings accounts.

Nicki Bourlioufas | 16th Jun 2022 | More
Mirae and Global X acquires ETF Securities

Mirae Asset Global Investments Co., Ltd and Global X ETFs this week announced the acquisition of ETF Securities, a pioneer of exchange traded funds both in Australia and around the world.

Ishan Dan | 16th Jun 2022 | More
  • MAX Award winners and the new world outside

    Half-way through the MAX and Investment Leadership awards for 2022, the audience was silenced by researcher and co-organiser Alex Dunnin. He said: ‘Life has caught up with us.” His forecasts were chillin

    Greg Bright | 13th Jun 2022 | More
    ATO draws up hit list for 2021-22 tax returns

    The Australian Taxation Office has warned people not to make the mistake of double-dipping their deductions in their tax return this year after identifying this as a common problem, especially in relation to work-related expenses.

    Nicki Bourlioufas | 10th Jun 2022 | More
  • Level of managed funds dips from record high

    Australia’s managed fund industry shrank in the March quarter of 2022 from the December 2021 quarter to $4.48 trillion

    Nicki Bourlioufas | 9th Jun 2022 | More
    As lockdowns end, China, Asia opportunities emerge

    News that two major Chinese cities are finally emerging from their COVID-19 lockdown slumber has once again highlighted the huge opportunity set available in Asia.

    Staff Writer | 6th Jun 2022 | More
    Rate hike cycle overestimated: Franklin’s Canobi

    Whilst there are growing signs that inflation is moderating around the world, whether in the US, UK or Australia, some 125 of the world’s central banks are current in the process of tightening monetary policy.

    Drew Meredith | 6th Jun 2022 | More
    On the move in wealth management

    Optimism and confidence in the Australian job market is growing and expanding throughout the country, with the latest data from the Regional Australia Institute showing that there were 84,600 regional job vacancies in April 2022, up 24.8% compared to a year earlier

    Ishan Dan | 2nd Jun 2022 | More
    Global X surfs ETF wave into Australia

    As with everywhere else on the globe where they’ve been introduced, exchange-traded funds (ETFs) have grown like crazy in Australia.

    James Dunn | 2nd Jun 2022 | More
  • Policy important, but consumer preference key to sustainable returns

    “We have seen a monumental shift in the way consumers act in recent years” explained Emilie O’Neill of Perennial Better Future

    Staff Writer | 26th May 2022 | More
    On the move in wealth management – culture in focus

    As Anthony Albanese is sworn in as the new Prime Minister and the Labor Party takes power for the first time in close to a decade, there have been a lot of high profile moves in political circles.

    Ishan Dan | 23rd May 2022 | More
    Incentives highlight challenge of hyper competitive fintech market

    In a world gone social media crazy, having an influential media presence along with a few hundred thousand Twitter followers will secure you more than a yearly wage.

    Ishan Dan | 23rd May 2022 | More
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