Big investors say Victoria’s debt problem has cast a pall over the state’s reputation in capital markets, and the next government must take real action.

#victoria

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A weak Australian dollar starts to threaten RBA’s inflation fight

Business & Economy

3d ago

A weak Australian dollar starts to threaten RBA’s inflation fight

The lowest Aussie in seven months could lead to more expensive imports, stoking further price rises to make the central bank’s job harder.

#rastra-bank #rba #australia

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GQG, Regal and WAM funds hammered in market’s Red October

Business & Economy

3d ago

GQG, Regal and WAM funds hammered in market’s Red October

Investors pulled another $10 billion from GQG’s strategies in October, while other top fund managers were left nursing double-digit declines over the month.

#gqg #wam #regal

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AI is an inflation problem, but that’s not a reason to stop it

Business & Economy

4d ago

AI is an inflation problem, but that’s not a reason to stop it

To limit the inflationary and interest rate impact, governments should be cutting unproductive spending to make space for the private sector’s AI splurge

#interest-rates #inflation

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Fifth Estate defies market carnage with new $250m small caps fund

Business & Economy

4d ago

Fifth Estate defies market carnage with new $250m small caps fund

Fifth Estate’s pitch to investors pointed out the small end of town was “approaching discounts not seen for 20 years”.

#fifth-estate

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Macquarie Bank to pay $14m penalty over savings account offers

Business & Economy

4d ago

Macquarie Bank to pay $14m penalty over savings account offers

Regulators ordered the investment bank to compensate 40,000 account holders and pay a penalty following marketing around introductory interest earnings.

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CBA first-quarter profit up 8pc on solid business lending growth

Business & Economy

4d ago

CBA first-quarter profit up 8pc on solid business lending growth

The bank reported strong business lending growth of 13.6 per cent for the quarter as it continued to take market share in that sector from rivals.

#cba

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Independent umpire needs to adjudicate on Sandpapergate

Business & Economy

4d ago

Independent umpire needs to adjudicate on Sandpapergate

As the cracks in the official version widen, it’s difficult to see how Cricket Australia can keep playing a straight bat to growing calls for an independent inquiry

#sandpapergate #australia #cricket

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