Westpac brings over 500 scam specialists to Parramatta with new financial crime hub

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Westpac has unveiled a new state-of-the-art fraud prevention centre in Western Sydney as the bank continues to ramp up its efforts to combat scams and fraud. The new hub will... Read more continue reading

Household Capital closes $37.6 million raising and enters strategic partnership with Genworth

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Household Capital, a leading Australian provider of home equity retirement funding, is pleased to announce it has closed a series C capital raise, with Genworth Financial Mortgage Insurance (Genworth) becoming... Read more continue reading

CWES welcomes “breakthrough” National Plan to Eliminate Violence Against Women and Children

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The Centre for Women’s Economic Safety (CWES) has hailed the inclusion of ‘economic abuse’ in the new National Plan to Eliminate Violence Against Women and Children 2022 to 2032, as a... Read more continue reading

Maple-Brown Abbott Global Listed Infrastructure appoints Greg Stark as investment director

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Maple-Brown Abbott Global Listed Infrastructure (MBA GLI), a business established with Maple-Brown Abbott in 2012, has appointed Greg Stark to the newly created role of investment director. Mr Stark has... Read more continue reading

Weekly economic and market update – week ending 14 October, 2022

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Shares had another volatile week, falling initially on interest rate and recession fears with a sharp intraday fall in US shares on Thursday after another worse than expected inflation reading,... Read more continue reading

Zenith initiates coverage of Aikya EM strategy with ‘Highly Recommended’ rating

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Aikya Investment Management (Aikya) is pleased to announce the Aikya Emerging Markets Opportunities Fund has received a ‘Highly Recommended’ rating by Zenith Investment Partners. It is the inaugural rating for... Read more continue reading

Beware unintended consequences of financial services reforms

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There may be unintended consequences in the Quality of Advice (QoA) review’s recommendation to deregulate general advice, according to David Wright, CEO of Zenith Investment Partners. “As an investment research... Read more continue reading

US bond yields still pondering the three-pronged fork and NAB Monthly Business Survey points to upside risk in RBA inflation forecast

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Not unexpectedly, and resilience in the labour market notwithstanding, US activity data appears to be responding to Fed policy rate hikes and the recent hawkish tack from Fed officials. Market... Read more continue reading

Perennial Better Future Trust rewarded for unique approach

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Reputable rating house, Lonsec has upgraded Perennial’s Better Future Trust to a ‘Recommended’ rating, in recognition of their increased conviction in the investment team’s capabilities and the differentiated approach. The... Read more continue reading

Fidelity International appoints Lawrence Hanson as managing director In Australia

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Fidelity International has appointed Lawrence Hanson as managing director, Australia, effective 1 October 2022. He will be based in Sydney and will continue to report to Rajeev Mittal, Managing Director... Read more continue reading