Weekly economic and market update – week ending 17 November, 2023

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Investment markets and key developments over the past week Global share markets rose again over the last week helped in particular by good US news on inflation adding to confidence... Read more continue reading

CBA/CommSec Economics: Update – Unemployment rate ticks back up to 3.7%

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Labour force – October 2023 The unemployment rate ticked up to 3.7% in October, reversing the dip down in September. Employment rose by 55k in October, driven by a 37.9k... Read more continue reading

It’s been another year of living dangerously – will 2024 be naughty or nice?

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As we approach the tail end of 2023 and the onset of the festive season, it’s customary to embrace a period of reflection.  What went well, what did not work... Read more continue reading

Lombard Odier selects Equity Trustees for Sustainable Private Credit

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Lombard Odier Investment Managers (LOIM), the asset management division of Swiss-headquartered Lombard Odier has selected Equity Trustees as trustee of its inaugural offering in Australia, the LOIM Sustainable Private Credit... Read more continue reading

ASIC consults on ABA’s proposed changes to the banking code

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ASIC has opened its consultation on the Australian Banking Association’s (ABA) proposed changes to its Banking Code of Practice (the Code). The Code contains a set of contractually enforceable standards... Read more continue reading

AMP to launch new digital bank designed for small business 

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Key points AMP to launch digital bank division built specifically for the transaction needs of sole traders and small business. AMP to work with Engine by Starling (Engine), the SaaS... Read more continue reading

RAM launches new Healthcare Opportunity Fund alongside a large South-East Asian Sovereign Wealth Fund

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Australian asset manager Real Asset Management (RAM) has announced the launch of the RAM Australia Healthcare Opportunity Fund (HOF), which will joint venture with a large South-East Asian Sovereign Wealth... Read more continue reading

DASH strengthens leadership team with new board member and executive hire

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DASH Technology Group has made changes to leadership following its expansion over the past 12 months, positioning the company for further growth. Kate Eriksson, a venture partner at Co:Act Capital,... Read more continue reading

First Sentier Investors and AlbaCore Capital Group announce the completion of their strategic partnership

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Leading global investment manager, First Sentier Investors, and boutique European alternative credit manager, AlbaCore Capital Group (AlbaCore) have received all regulatory approvals pertaining to their strategic partnership. Mark Steinberg, CEO... Read more continue reading

Global executives reveal key risks in 2023

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Zurich Financial Services Australia (Zurich) has released new data from the World Economic Forum (WEF) indicating economic threats – such as recession and inflation – rank among the most significant... Read more continue reading