Year: 2024

Technologies

BTC Markets is building a partnership with Mastercard to improve the trading experience

BTC Markets has become the first Australian crypto exchange to enter into a strategic trading partnership with Mastercard. The partnership will allow BTC Markets customers more payment options, including the ability to make direct debit, prepaid or credit card payments…

Industry welcomes budget initiatives supporting digital capabilities and innovation

On Tuesday night, Treasurer Josh Frydenberg unveiled several measures aimed at expanding Australia’s digital capabilities and knowledge economy. Included are record spending on cyber security, changes to Australia’s foreign investment framework, expansion of the patent box regime to support AgTech…

Insignia reports NAB spin-off on track for 1H25

In a quarterly business update on Thursday, Insignia Financial confirmed a number of milestones had been achieved in its spin-off from NAB, including the successful transition to common ladders and unit pricing platforms. The firm expects that in November the…

Technologies

Budget spending on technology is welcome, but more attention is needed

On Tuesday, the government pledged $130.1 million over four years from 2022-23 to continue implementing the Digital Economy Strategy and drive digital transformation, including $12.6 million. dollars annually from 2025-26. to implement your response to the Survey of the future…

Life Cycle gains momentum as Pinnacle looks at high value investment opportunities

Life Cycle, a global equity fund manager led by Peter Rutter, was initially backed by Ironbark Asset Management, which later pulled out due to delays in the fund’s launch. However, according to Pinnacle managing director Ian Macoun, the firm has…

Technologies

Qantas to reduce emissions by 25% by 2030

Qantas also has an interim target to reduce carbon emissions by 25 per cent by 2030, it said in an ASX listing on Thursday. The airline has launched its Qantas Group Climate Action Plan and pledged to make sustainability a…

The budget deficit crisis is a major concern as the US election approaches

As the candidates clash over their economic plans, the deficit, currently estimated at roughly 6-7 percent of GDP, occupies the minds of economists as the two candidates present their contrasting economic policies. President Donald Trump’s fiscal strategy, which includes extending…

Australia’s sustainable funds market remains “quite concentrated”, research shows

Australia and New Zealand’s (ANZ) sustainable fund universe saw positive net inflows of US$640 million in the September quarter, according to new data from Morningstar. This followed revised outflows of US$555 million in 2Q24. Morningstar noted that ANZ was one…

Technologies

Qantas, ANZ and INPEX unite to support reforestation, decarbonisation

The three companies announced on Thursday that they had signed a memorandum of understanding for a major integrated reforestation and carbon farming project in Western Australia’s Whitbelt region, an area the size of Belgium in the state’s southwest. After completing…

US inflation rises to 2.7%, solidifying prospects for Fed rate cut

The U.S. inflation rate rose to an annual rate of 2.7% in November from 2.6% in October, according to Consumer Price Index (CPI) data released Wednesday by the U.S. Bureau of Labor Statistics. The month-on-month increase was 0.3%, marking the…