Harry Brumpton

UBS Group AG promoted Tim Clemenger to be its first client adviser for wealth management based in Perth, the Swiss bank’s latest move to attract more rich Australians.

Good morning, it's Harry here in windy and wet Sydney to catch you up on the top items over the weekend as you start this weekToday’s must-reads:• Supermarkets are under pressure• Labor in lead ahead of election• Flows into Australian tracking funds booming

Australian money managers Regal Partners Ltd. and Pengana Capital Group Ltd. are facing increased scrutiny from investors following the recent fallout of a key biotech holding.

Good morning, it's Harry here in Sydney with all your midweek must-knowsToday’s must-reads:• Government unveils tax cuts in budget• Smelter owner Trafigura calls for support against China• Tesla chair Denholmdodges questions on Musk's focus

JPMorgan Chase & Co. is rejigging its equity capital markets leadership by changing its head of Australia equity capital markets and appointing a new head of Southeast Asia in this area.

There is a “very small” chance that the US economy tips into a recession, despite the uncertainty surrounding global trade policy, according to Goldman Sachs Group Inc. Chief Executive Officer David Solomon.

One of Australia’s largest pension funds expressed skepticism over the potential for deeper regulation of private markets, and questioned whether it would be realistic for institutional investors to value unlisted assets more frequently.

Steve Schwarzman said Blackstone Inc. is happy to plow more money into its investments related to the growth of artificial intelligence as firms grapple to provide the necessary power to supply the swelling data centers.

Commonwealth Bank of Australia Chief Executive Officer Matt Comyn said he expects interest rates to be reduced less than what some people are anticipating.

Good morning, it's Harry here in Sydney with your midweek must-knows to start your day.Today’s must-reads:• US tariffs discussed in Washington• Corporate watchdog worried on private markets• Jet pilot the first to report Chinese live-fire drills