AMP expects the ASX 200 to reach 8,800 by the end of next year but warned that a series of challenges will lead to a volatile 2025, with a 15 per cent correction “highly likely” during the year.
The earnings gap between the Magnificent Seven – the largest companies in the S&P 500 – and other stocks is projected to narrow over the next few quarters, according to a fund manager. In the third ...
While the national housing supply shortage has helped sustain home prices, persistently high interest rates and rising unemployment are expected to exert additional pressure, leading to a slowdown in ...
In financial year 2023–24, 4.7 million complaints were reported by financial firms of all types under the internal dispute resolution (IDR) data reporting framework. Of that, financial firms reported ...
The firm has now surpassed $100 billion in funds under administration (FUA), comprising $99.5 billion of custodial FUA and $0.7 billion of non-custodial FUA, as at 28 November. Having just hit its ...
Reserve Bank governor Michele Bullock has emphasised that decisions on interest rates are not influenced by the new US administration, despite its impact on global dynamics. Reflecting on the global ...
Donald Trump’s most recent announcement regarding his plans for tariffs on China, Canada and Mexico will not have a significant direct impact on Australia in the short term, according to experts.
The deal will create a combined fund with more than $60 billion in funds under management and over 225,000 members. TelstraSuper and Equip Super have signed a binding heads of agreement to proceed ...
Pacific Current Group (PAC) has completed the divestment of its holding in Carlisle Management Company to alternative asset manager Abacus Life. The deal was first announced in July that PAC would ...