ASIC puts spotlight on the rapidly growing buy now pay later industry

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ASIC has released its first review of the rapidly growing buy now pay later industry. The review of this diverse and evolving market has found that buy now pay later... Read more continue reading

EQT Holdings Ltd announces new Board Director

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EQT Holdings Limited (ASX: EQT) is pleased to announce the appointment of a new non-executive director Tim Hammon, effective 1 December 2018. EQT Chairman Jeff Kennett said: “Tim comes to... Read more continue reading

AXA IM partners with RIAA to assist financial advisers navigate responsible investing

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Nine in ten Australians expect their assets to be invested responsibly,1 creating an opportunity for financial advisers to implement responsible investment (RI) strategies on behalf of their clients, according to... Read more continue reading

No signs of flagging in consumer confidence

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Consumer sentiment Consumer sentiment: The ANZ-Roy Morgan consumer confidence rating rose by 0.7 per cent to 118.6 in the past week. The index is well above the average of 114.2... Read more continue reading

Top small cap performer says active management best way to ‘limit downside’

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Active management’s virtues have become more apparent as markets have drifted lower, according to a leading small caps fund manager, who says ‘managing the downside’ is limited in passive investments... Read more continue reading

Insight Investment’s global economic outlook for the week ahead (week beginning 26 November 2018)

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Outlook On the data front, the German IFO survey (Monday) will be closely watched, given the recent weakness in the country’s manufacturing sector. While the end of the week sees... Read more continue reading

Federal Budget in best shape for a decade

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Monthly Financial Statements Budget continues to improve: In the twelve months to October 2018, the Budget deficit stood at $2,345 million (less than 0.2 per cent of GDP) and down from... Read more continue reading

Blackrock appoints Geraldine Buckingham as chair and head of Blackrock Asia Pacific

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BlackRock, Inc. (NYSE: BLK) has appointed Geraldine Buckingham as Chair and Head of BlackRock Asia Pacific, succeeding Ryan Stork, who becomes Deputy Global Chief Operating Officer, based in New York. Both appointments take effect February 2019 and... Read more continue reading

Shareholders support Homeloans parent company being renamed Resimac Group Limited

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A majority of Homeloans Ltd (ASX:HOM) shareholders yesterday voted in support of the leading non-bank mortgage provider’s parent company being renamed Resimac Group Limited. The vote at the company’s Annual... Read more continue reading

Weekly market update – week ending 23 November, 2018

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Investment markets and key developments over the past week Share markets remained under pressure over the last week with many falling back to or below their late October lows on... Read more continue reading