HSBC

Financial planning

Over one-third of investors seeking advice as trusted source

Australian investors are increasingly turning to financial advisers as their top source of information, with more than a third using them for investment guidance....

Funds management

What is the industry forecasting for the RBA?

Industry commentators have shared their thoughts on when the RBA will hike interest rates next, and whether Australia will follow other countries and embark on monetary e...

Funds management

How high could interest rates peak?

It is too early to think about rate cuts in Australia, according to Schroders, and even if they are paused for the time being, they could rise further over the next few y...

Financial planning

Finfluencer usage drops on back of ASIC crackdown

Good news for financial advisers, the number of people turning to social media and finfluencers has decreased by almost a third in the past year, according to HSBC....

Funds management

Bullock appointment signals ‘structure and continuity’ at RBA

Although on the fence about the replacement of governor Philip Lowe, economists have welcomed his successor, deputy Michele Bullock, as a sign of structure and continuity...

Funds management

Australia ahead on the Western inflation curve

Due to the nation’s sensitivity to the global economy, Australia could be leading Western central banks in the race against inflation....

Funds management

‘Green lights’ for a March rate hike

Yesterday’s 0.25% rate hike is unlikely to be the last with commentators forecasting the next one to take place as early as next month. ...

Funds management

RBA interest rates hikes expected to pause only in mid-2023

Industry experts are predicting a further December rise in interest rates today, with hikes expected to continue until mid-2023 to address inflationary pressures. ...

People & Products

HSBC Bank Australia appoints CEO

HSBC Bank Australia has appointed a new chief executive as current CEO, Kaber McLean, takes a six-month sabbatical....

Financial planning

RBA removes ‘patient’ from rate rise forecast

The decision by the Reserve Bank of Australia to hold rates at 0.1% is indicative of a more hawkish view with rates likely to raise sooner than later, according to commen...

Funds management

Quick recovery prompts HSBC to revise GDP upwards

HSBC has increased its expectation for gross domestic product for 2021 from 3.5% to 4.3% thanks to the faster-than-expected recovery, vaccination success and border reope...

Features

Funding a sustainable world

Solving today’s sustainability challenges will be funded by debt, writes Chris Dastoor, meaning it is worth investors considering ESG in their fixed income allocations. ...