News

“Let’s talk scams” is the theme of this year’s national Scams Awareness Week as more 350 partners across government, private and community organisations join the fight against the crime. According to the Australian Competition and Consumer Commission, scams cost Australian consumers, businesses, and the economy hundreds of millions of dollars each year...

The Fed’s FOMC statement outlines the long path to normalisation. Bond markets have become more volatile but equity markets have shrugged off concerns’ Commenting on the Fed's FOMC statement, Head of Multi-Asset at Janus Henderson Investors Paul O'Connor, said: The Fed confirmed market expectations by announcing reductions in monthly purchases...

Investment management firm Daintree Capital today marked the first time Hybrid Opportunities Fund (ASX:DHOF) was quoted on the ASX. An announcement by Daintree said ASX:DHOF was an innovative single unit structure, which meant investors could either apply directly for units or trade units on the exchange. Managed by Daintree Capital and...

Roy Morgan research has found that in October 2021 Australians expected inflation of 4.8% annually over the next two years, up 0.3% points, and the highest Inflation Expectations for seven years since November 2014. Inflation Expectations are now a large 1.3% points higher than a year ago in October...

Market Review & Outlook Alternative fixed income manager CIP Asset Management (CIPAM) publish a quarterly market review and outlook across a range of sub sectors. It’s got some great insights, which we condense in this article. 1. Corporate (Credit) excluding Financials Summary - Public investment grade markets remain expensive, high yield has...

Frank Uhlenbruch, Investment Strategist in the Janus Henderson Australian Fixed Interest team, provides his Australian economic analysis and market outlook. Market review Inflation fears led markets to ignore Reserve Bank of Australia (RBA) forward guidance and bring forward ‘lift-off’ in the cash rate to mid next year. Yields rose sharply across...

The big local development last week was the higher than expected trimmed mean CPI outcome, with annual growth pushing up to 2.1%. Although in large part this appears to reflect the same supply bottlenecks afflicting the world (especially with local wage growth still fairly subdued), it does mean that...

The Australian Bond Exchange is preparing to join the ASX later this year with plans to raise up to $10.4 million through an IPO. The company is planning to issue 8 million to 16 million shares at 65¢ each to raise between $8 million and $10.4 million. Stock Marketplace and Pulse...

Twelve recommendations have been made to support the development of a more active corporate bond market in Australia. The House of Representatives Standing Committee on Tax and Revenue today presented its report titled The Development of the Australian Corporate Bond Market: A Way Forward. Corporate bonds are a type of debt security,...

The Reserve Bank of Australia has released its annual report for 2020-21 which showed a $4.3 billion loss for the year due to price falls on government bonds it purchased in an effort to stimulate the economy and through appreciation of the Australian dollar.  $8.2 billion of unrealised valuation losses...