In the aftermath of the election drubbing, Sussan Ley’s elevation charts a course back to the centre for the opposition.
Manager selection is still crucial, however, with a big difference in active fund performance in asset classes such as emerging markets.
RBA policy has engineered a slowdown that needs to be slow enough to calm inflation while not being so slow it causes a recession.
The RBA forecasts are based on interest rates, now at 4.35%, falling to 3.5% by the end of 2025.
EY is the second Big Four firm to announce redundancies this week, after PwC.
The firm follows KPMG and Deloitte in announcing redundancies in Australia.
The Optus brand was already suffering from last year's data breach, and has now been hit by a major outage
Already a discernible difference in new governor Michele Bullock's communication.
The vote is a first strike which, if followed by a second, could force a spill in the Qantas board.
The International Monetary Fund says although inflation has peaked it is likely to persist for longer.
