Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 1188 results for "Labor"

AustralianSuper, LUCRF push ahead on merger

ELIZABETH MCARTHUR  |  MONDAY, 8 NOV 2021
... confirmed it was exploring a merger with AustralianSuper in July, signing a Memorandum of Understanding. LUCRF Super, the Labor Union Cooperative Retirement Fund, was established in 1978 and has 132,000 members.

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... the financial advice sector and ensuring that Australians can get access to affordable and high-quality advice," she said. Labor MP Daniel Mulino ultimately supports the new legislation but said it should have passed sooner than three years after the ...

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
... the US dollar index was little changed to 93.20 from 93.16. Not even when on the same day of the release, the US Bureau of Labor Statistics reported that remains on the up and up. The annual headline inflation rate increased to a 13-year high of 5.4% ...

Industry slams Future Fund disclosure exemption

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
... and is aligned to the current treatment of other entities like NBN Co and Export Finance Australia. Within the report, the Labor Party raised several issues, namely that it logically follows that super funds could also see negative investment outcomes ...

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
... - the non-accelerating inflation rate of unemployment (or "u-star") because of the "muted responsiveness of inflation to labor market tightness". In Jackson Hole 2021, Powell hinted that QE could be reduced this year, saying: "I was of the view, as were ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
... - before it gets back on track in the December 2021 quarter. There were good news in the US labour market. The Bureau of Labor Statistics (BLS) reported that non-farm payrolls grew by 943K in July. This is the biggest addition to employment in 11 months ...

Top franked stock picks: Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 6 AUG 2021
... CPI uplifts, and that its funds management business is sticky given lockups and switching costs. In the 2019 election, the Labor Party proposed removing the cash rebate for franking credits. Despite this, Morningstar now considers there to be little ...

First YFYS performance test results weeks away

KANIKA SOOD  |  MONDAY, 2 AUG 2021
Superannuation funds can expect their results in the first performance test by August 31 under the new Your Future, Your Super reforms, according to an APRA letter sent Friday. The first round covers MySuper products alone. Trustee-directed products ...

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... questioned IFM on the matter after reading the reports. Wilson later asked about IFM paying bonuses of up to $12 million, Labor MP Peta Murphy objected to this question being asked of witnesses from organisations other than IFM. Both Arter and Silk said ...

AustralianSuper names next merger partner

JAMIE WILLIAMSON  |  TUESDAY, 6 JUL 2021
... industry fund. The nation's largest super fund has signed a Memorandum of Understanding to merge with LUCRF Super, the Labor Union Cooperative Retirement Fund. Established in 1978, LUCRF is the nation's oldest industry super fund and home to ...