ASIC may use AI to help with financial advice compliance monitoring

From

Financial technology firm Padua predicts the corporate regulator ASIC could eventually use artificial intelligence (AI) in its compliance and audit checks of financial advisers as the use of AI applications... Read more continue reading

Betashares to accelerate growth following investment from Temasek

From

Betashares, a leading Australian financial services company, has announced it has entered into a binding agreement with Temasek, a global investment company headquartered in Singapore, for Temasek to invest up to... Read more continue reading

Franklin Templeton’s second-half outlooks for equities and fixed income investments 

From

Franklin Templeton’s specialist investment managers provide their outlooks on Central Banks, the global economy and key asset classes for the second half of 2024. They include insights from the following... Read more continue reading

Prime Value Asset Management appoints Head of Distribution based in Sydney

From

Boutique multi-award-winning investment house, Prime Value Asset Management, has appointed Mark Jordan as its new Head of Distribution. Mark is based in Sydney and will focus on continuing to build... Read more continue reading

RBA: to fight inflation, apply resuscitation or remain in suspended animation?

From

The Reserve Bank of Australia (RBA) Board will almost certainly leave the policy rate unchanged when it meets next week. There is also little prospect of a change in messaging... Read more continue reading

Rising climate and health risks spurs surge in Australian consumers’ appetite for insurance cover

From

Key points 45% of Australian consumers say general and health insurance are both more important now than before the pandemic. Reputable brands (42%) and low premiums (37%) are rated as... Read more continue reading

US CPI and the Fed: Let’s get this party started…almost

From

Former US Federal Reserve (the Fed) Governor, William McChesney Martin, once described the role of the Fed as akin to “to taking away the punch bowl just as the party... Read more continue reading

Kroll appoints Jon Rowell as Head of Asia Pacific Region

From

Kroll, the leading independent global risk and financial advisory solutions firm, announced today the appointment of Jon Rowell as Head of Asia Pacific (APAC). In this role, Rowell will oversee... Read more continue reading

Rates likely on hold as jobless rate drops and employment jumps

From

Interest rates are likely to remain unchanged for the remainder of the year, with a low risk of one more rate rise if inflation stays above the central bank’s 2%... Read more continue reading

DASH partners with MetLife to provide a simple, and straightforward insurance application solution

From

DASH Technology Group (“DASH”) and MetLife Australia (“MetLife”) have partnered to create a new insurance solution that utilises technology to simplify how insurance is offered and applied for by Super... Read more continue reading