12/17/2020

Bank profits to be minimally affected by low rates

Discussing the long-term impact of low rates, Kearns said: “Very low interest rates may well reduce Australian banks’ profits but possibly by less than for banks in other jurisdictions.

12/11/2020

Over 90 adviser roles gone this week

AMP Group lost altogether almost 500 roles (486) which meant that AMP FP shed 30% of their advisers and Charter cut down adviser roles by a further 20% since the beginning of the year.

12/09/2020

Four themes for 2021: Macquarie

The firm had identified four themes which presented opportunities for firms and for investors in the coming year, which had all arisen as a result of the pandemic changes this year.