The Reserve Bank of Australia has increased rates by 25bps....

Magellan has seen funds under management fall to $50.2 billion with net outflows of $2.5 billion but two asset classes experienced a rise in flows. ...

ASIC has commenced its first civil penalty case for alleged breaches of design and distribution obligations....

Industry experts are predicting a further December rise in interest rates today, with hikes expected to continue until mid-2023 to address inflationary pressures. ...

While firms are putting cybersecurity measures in place, there is still a risk a breach could occur if they fail to train staff in the new systems and processes and ensur...

North, AMP’s investment platform, has announced their new managed portfolio service ‘Buy, Badge, Build’. ...

The “era of easy money” is coming to a close, according to Fidelity, as the risk of a 2023 recession increases and inflation nears its peak....

Although China’s strict ‘zero-COVID’ policy has dampened its economic growth, this investment firm argues that long-term investment in China “remains strong”. ...

The Australian economy would see reduced household spending and considerable decreases in corporate earnings during 2023, according to Touchstone. ...

Vanguard has received three infringement notices from ASIC over alleged greenwashing regarding overstating investment screens intended to prevent investment in tobacco sa...

ASIC has placed interim stop orders on four funds from two companies, taking the number of orders to more than 20 to date under the design and distribution obligations....