News
Australian Dollar rebounds modestly from multi-year lows
FX Street The Australian Dollar managed to regain the smile and leave behind four consecutive daily retracements on Monday, gathering some traction soon after hitting lows not seen since April 2020 near 0.6130. Despite the mild uptick, the currency remains weighed down by strong US employment data and a cautious outlook from the Reserve Bank of Australia […]
Gold could surpass US$3.1k in 2025, this wealth giant says
InvestorDaily Gold enjoyed a string of successes in 2024, having seen 41 new closing highs by the end of October, and peaking at a record US$2,778 ($4,472) per ounce that same month. While the yellow metal took a back seat in November, with the US election results seeing investors scramble into risk assets, coupled with […]
Centuria Bass Credit names former Wallabies vice-captain as deputy CEO
InvestorDaily Centuria Bass Credit has appointed former Wallabies and Rugby World Cup-winning player David Giffin as deputy CEO. Giffin played for professional rugby for nine years including a period as vice-captain of the national Wallabies team. This included being a member of the team that won the Rugby World Cup in 1999 against France and […]
Local ETF industry on track for $300bn, fund manager says
InvestorDaily Australia’s ETF market has enjoyed a string of successes in 2024, with recent analysis hinting the asset class is poised for further significant growth. The Australian exchange traded fund (ETF) industry’s market cap has reached a new high of $247 billion, according to new research from VanEck, following growth of 38 per cent growth […]
Westpac CFO retires, bank to gear up for new leadership
InvestorDaily Westpac’s chief financial officer Michael Rowland has confirmed his intention to retire from the role next year. Rowland has been with Westpac since 2020, having served in its executive team for more than four years. In a statement on the ASX on Tuesday, chief executive Anthony Miller thanked Rowland for his time at the […]
Elliott to step down as ANZ chief, successor named
InvestorDaily After nine years in the role, Shane Elliott is retiring as ANZ’s chief executive and executive director in July 2025. Elliott first joined the bank in 2009, having also served as ANZ’s global managing director, institutional, and the group’s chief financial officer. Commenting on the outgoing CEO’s contribution, ANZ Group chairman Paul O’Sullivan said […]