The consumer price index (CPI) rose 0.2% in the December quarter and 2.4% annually, the Australian Bureau of Statistics (ABS) has revealed.

Treasurer Jim Chalmers and Assistant Treasurer Stephen Jones announced new mandatory minimum service standards for all large APRA-regulated superannuation funds.

K2 Asset Management has named a new chief executive and won a $242 million mandate from an unnamed wealth manager.

Franklin Templeton announced it will fold Martin Currie, the US$17.9 billion fund manager, into its other brands, ClearBridge Investments and Franklin Equity Group.

As a major investor in Nvidia, AustralianSuper has welcomed the emergence of DeepSeek, despite wiping $1 trillion off the chip maker's market cap.

ASIC has permanently banned Brisbane-based financial adviser David Cubilla following a $640,000 fraud conviction; he was also found guilty of using online services to access and possess child abuse ...

Modelling by the SMC shows close to one million older Australians are paying more in tax by leaving their super savings in accumulation products.

The former co-head of equity capital markets at J.P. Morgan has been appointed chief executive of boutique quantitative fund manager East Coast Capital Management (ECCM).

Franklin Templeton announced it will fold Martin Currie, the US$17.9 billion fund manager, into its other brands, ClearBridge Investments and Franklin Equity Group.

Traditional active managers should expect a rougher path ahead as they face growing challenges from industry superannuation funds, as well as the continued strong flows into exchange-traded funds (ETF ...

Global Credit Investments (GCI) has launched a $100 million strategic fund, the first in a new series, designed to provide tailored financing for mid-market businesses.

Cbus delivered double-digit returns in 2024, helping to propel its members' assets to the $100 billion mark. The default Growth (MySuper) investment option generated returns of 10.77% for 2024. The ...