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InvestorDaily Economists are now reconsidering their interest rate forecasts after fresh data from the Australian Bureau of Statistics (ABS) painted a picture of an exceptionally strong labour market – one seemingly unaffected by global developments. Namely, the unemployment rate held steady at 4.1 per cent in March, alongside a sharp rise in employment, with 32,000 […]

Investment Magazine In 2008, the UK government had a serious problem. Corporate defined benefit plans had been closing for decades and defined contribution (DC) funds weren’t filling the gap. More and more people had no private pension savings, and social security wasn’t going to cope – meaning an increasing number of Britons would fall into […]

InvestorDaily This theory has been floated in various circles for some time. And while those of us not inclined towards conspiracy theories have done our best to steer clear – keeping as much distance as possible from any suggestion of ideological motives – even we’ve had to stop and consider it. In the latest episode […]

InvestorDaily Demetrios Christou, general manager of finance at DigitalX, was appointed as interim chief executive from 3 March. The firm said Christou had been instrumental in the implementation of its finance strategy over the past six months, which led to DigitalX reducing its overall costs by 3 per cent during the first half-year period of […]

InvestorDaily Speaking to InvestorDaily, Paul Barrett, CEO of AZ NGA, highlighted the clear influx of global institutions into the Australian wealth management sector, but said this surge of investment will eventually dry up. Earlier this month, AZ Next Generation Advisory (AZ NGA) announced it had secured a $345 million senior secured credit facility, led by […]

InvestorDaily In a speech at the Australian Financial Review Business Summit, deputy governor Andrew Hauser said Australia is unlikely to be directly affected by Donald Trump’s proposed tariffs, but the RBA will closely monitor potential global fallout from the escalating trade war. The comments came as Trump’s 25 per cent trade tariffs on Canada and […]