Market-first global AI investment trust AIX clears minimum subscription, eyes $350 million raising

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Pengana Capital Group has announced it is planning to raise up to $350 million for its market-first AI listed investment trust, to be called AIX, which will aim to invest... Read more continue reading

AFCA opens consultation on Rules change for genetic testing in life insurance

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The Australian Financial Complaints Authority (AFCA) is opening public consultation on proposed amendments to the rules that govern its work, following changes to genetic testing protections in life insurance. The... Read more continue reading

Compensation bill must be picked up by those causing harm, not everyday Australians

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The Super Members Council says the Government should not hand the bill for the Compensation Scheme of Last Resort to millions of low-paid Australians, warning it would be a dangerous... Read more continue reading

Centrepoint Alliance enters agreements to acquire Cairns Wealth and Pinnacle Wealth client books

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Centrepoint Alliance enters agreements to acquire Cairns Wealth and Pinnacle Wealth client books Centrepoint Alliance Limited (ASX: CAF) (“Centrepoint” or “the Company”), a leading provider of advice and business services... Read more continue reading

Australian home prices getting hit by rate hikes and tax hikes – is the super cycle boom from the mid-1990s over at last?

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Key points National average home prices were flat in May according to Cotality, the weakest since January last year. Prices fell further in Sydney and Melbourne, and the boom time... Read more continue reading

Ten years of putting members first: PPS Mutual marks a decade of mutual success in Australia

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PPS Mutual, Australia’s only retail life insurance mutual exclusively serving qualified professionals, this week marks its tenth anniversary – and with it, what a decade of putting Members before shareholders... Read more continue reading

Australians are raring to go for payday super as more businesses adjust to frequent payments

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Yesterday marks one month until the start of payday super – a reform that has very strong backing from the Australian public, new research has found. An Ideally survey of... Read more continue reading

Weekly economic and market update – Week ending 29 May, 2026

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Investment markets and key developments The past week has been dominated by developments around a US/Iran peace deal – but despite some gyrations its looking like a deal is on... Read more continue reading

Natixis Investment Managers promotes Danny King to Head of Australia and Barbara Whyte to Chief Operating Officer, Australia

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Natixis Investment Managers (Natixis IM) has made two senior promotions in its Australian business. Danny King will assume the role of Country Head for Australia and Barbara Whyte is appointed... Read more continue reading

FinCap launches direct co-investment channel ahead of platform debut

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FinCap Private Markets Platform has unveiled FinCap Direct, a bespoke co-investment offering that will sit alongside its managed portfolio solutions when the platform launches next month, giving financial advisers, family... Read more continue reading