Bigtechs lose half a trillion dollars in a week
9 September 2024The seemingly “unstoppable” surge of bigtech stocks Microsoft, Nvidia, Alphabet, and Meta in recent years has hit its inevitable wall.
Zurich risk arm opens dedicated cyber division, appoints cyber chief
9 September 2024Zurich Resilience Solutions (ZRS) announced the launch of a dedicated cyber risk division for its Australian business.
‘Barely afloat’: 40% of Aussie mortgage-holders in distress
6 September 2024An estimated 1.4 million Australian households – more than 40% of home loan holders – are in mortgage distress, new data reveals.
ASIC cancels licence of yet another CFD issuer
5 September 2024ASIC is continuing its ongoing crackdown on suspect over-the-counter (OTC) derivative providers, cancelling the licence of FXOpen AU.
Netwealth acquires ‘world first’ Aussie advicetech
4 September 2024Netwealth has confirmed it has completed its full acquisition of advice technology and analytics firm Xeppo
Aussie ETF market breaks new record, as investors go global
3 September 2024Australia’s ETF market delivered “its strongest start ever” this year, with net flows set to exceed the highwater mark of 2021, according to Global X
Investors should brace for a ‘seismic shift’ in currency markets, particularly in China, should the US Fed opt to cut interest rates, says one analyst
‘Serious oversight’: CLSA’s regulatory data failure draws ASIC’s ire
2 September 2024CLSA has forked out more than $144,000 after ASIC found it had failed to provide correct regulatory data to the relevant market operator.
Metlife unveils enhanced super member management platform
30 August 2024MetLife Australia has unveiled a new super platform, promising a “simple, secure and convenient” way for members to engage with their life policies
Now’s the time to lock in fixed income investments: Analyst
29 August 2024Fixed income investors are well placed to increase exposure and lock in longer-duration assets now, a leading analyst has advised