Financial services
History suggests that the real returns of index investing could approach zero over the next decade, Orbis investment specialist Eric Marais says.
Transparently, an AI fraud detection tool trialled by ASIC, says it has identified accounting red flags across dozens of ASX companies.
As debanking has become a major topic in US crypto circles, prominent investor Mark Carnegie told Capital Brief he too has had accounts closed by major Australian banks.
In the next few years, CBA is aiming for generative AI to be at the heart of its key banking app and core systems, as it embeds the technology across the bank.
IFM Investors founder and industry super pioneer Garry Weaven says local companies are missing a huge opportunity to put Australian retirement savings to work.
Mitsui says its financial claims against defunct timber-waste recycling company Altus should “rank ahead” of any dispute lodged by one of Phil King’s Regal funds, court documents show.
Generative AI is becoming entrenched in financial services, but it remains far from transformational and banks are yet to see it drive revenue.
Australian Foundation Investment Company stays true to its long-term strategy — focusing on quality, patience and value — amid shifting markets and investor trends.
An offshore casino gained access to Australian payments infrastructure via Cuscal’s complex web of partners.
