InvestorDaily | Latest News for the Financial Services Sector
Super fund CEOs average $890k, new research finds. The average remuneration for a superannuation fund chief executive stood at some $890,000 in the year ending 30 June ...
Latest News for the Financial Services Sector - InvestorDaily
Finance and investment news for Australian investors, their advisers and the financial services industry.
RBA caught off guard by recent jobs boom - InvestorDaily
10 hours ago · RBA caught off guard by recent jobs boom. The Reserve Bank of Australia has been taken aback by stronger-than-expected employment growth, according to deputy governor Andrew Hauser. Speaking at the CBA 2024 Global Markets Conference in Sydney, Hauser highlighted that the “strikingly high participation” in Australia’s labour market ...
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Netwealth achieves record high in quarterly FUA growth. Netwealth has seen a record $7.4 billion rise in funds under administration (FUA) over the September quarter. Netwealth confirmed that its FUA as ... Finance and investment news for Australian investors, their advisers and the financial services industry.
Stars align for fixed income markets - InvestorDaily
10 hours ago · The combination of high starting yields and a supportive macro backdrop, means that the stars are finally aligning for investors considering a fixed income allocation. The power of yield. Casting back to the post-GFC period reveals it was one marked by near zero rates, quantitative easing and other forms of liquidity provision by central banks.
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6 days ago · Australian super funds eye UK as key overseas investment hub. Superannuation funds are demonstrating a strong appetite for the UK as they seek to capitalise on overseas opportunities. The UK has emerged as an ... Finance and investment news for Australian investors, their advisers and the financial services industry.
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Wealth giant to trial 4-day work week in industry-first. Insignia has agreed to pilot a four-day work week for staff following months of workplace negotiations. The licensee said it “acknowledges that a ... Finance and investment news for Australian investors, their advisers and the financial services industry.
InvestorDaily | Latest News for the Financial Services Sector
Oct 15, 2024 · Emerging markets have been far from a hot pick for investors in recent months and have largely fallen out of favour due to high levels of volatility. Read more …. The market intelligence platform that connects Australia’s financial services industry.
How Australia’s largest banks forecast RBA monetary easing
Oct 1, 2024 · The latest bank to adjust its forecast is National Australia Bank (NAB), which now anticipates the RBA will begin cutting rates in February 2025, moving the timeline up from May 2025. “From there, we continue to see a steady profile of one cut per quarter back to 3.10 per cent in early-2026,” NAB’s economics team said in a statement on ...
Australian investors shift focus to global shares in ETF market
Oct 15, 2024 · The inaugural InvestSMART ETF Scorecard report, which examined fund performance over the 12 months to August 2024, revealed that six of the 10 most popular ETFs in Australia were focused on global shares. Overall, the 10 most popular ETFs gained $16.1 billion in assets under management, accounting for a third (31 per cent) of total inflows.