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Showing 71 - 80 of 349 results for "Local Government"

Chief economist update: BOE flips tightening bias to easing

BENJAMIN ONG  |  MONDAY, 8 JUL 2019
... conditions that appear to have changed the Bank of England's (BOE) tightening bias. In his speech at the Local Government Association Annual Conference and Exhibition in Bournemouth, BOE governor Mark Carney declared that: "For now, a global trade ...

Chief economist update: Iron ore on the up and up

BENJAMIN ONG  |  MONDAY, 1 JUL 2019
The way it's going, the rally in iron ore prices will keep on going and going. Iron ore prices ended the first half of 2019 at US$109.18/metric tonne, representing a 57.8% rally from the US$69.20 it fetched six months earlier. The world's largest ...

Super fund amends constitution

HARRISON WORLEY  |  MONDAY, 24 JUN 2019
... constitution to increase the influence of independent voices on its board following an APRA probe. Late last week Local Government Super revealed it had been in "ongoing engagement" with the prudential regulator over how effectively it met APRA's requirements ...

Super fund achieves first carbon neutral portfolio

ELIZABETH MCARTHUR  |  TUESDAY, 28 MAY 2019
... achieved carbon neutral certification by the Australian Government for its buildings and property portfolio. Local Government Super's portfolio was rated by NABERS, a New South Wales Government administered program which uses a six star scale to ...

Super fund proxy voting behaviour revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 MAY 2019
... shareholder proposals on environmental, social or governance issues that they voted on globally in 2018. They were Local Government Super (91%), Vision Super (88%) and Cbus (77%). A further six funds supported more than 50% of shareholder proposals on ...

Lifecycle fails to woo industry super

KANIKA SOOD  |  MONDAY, 20 MAY 2019
... Catholic Super had a 62% allocation to equities for the segment while others like QSuper, BT Super, Tasplan, Local Government Super and Asgard kept equities allocations under 30% for equivalent cohorts in their lifecycle products. "There is no collective ...

Aberdeen Standard hires ESG investment director

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2019
Aberdeen Standard Investments recruited Local Government Super's former responsible investment lead as its ESG investment director. Bill Hartnett will relocate to London to support ASI's emerging markets and Asia-Pacific team in the newly created ...

Super fund names new life insurer

KARREN VERGARA  |  MONDAY, 13 MAY 2019
... group insurance mandate from $51 billion superannuation fund Rest, replacing AIA Australia. The former Queensland local government employee super fund provider opened its doors to the public in June 2017. It now has 80,000 members.

Chief economist update: China is back on track

BENJAMIN ONG  |  TUESDAY, 23 APR 2019
... 2.8% of GDP this year from 2.6% in 2018; CNY2.0 trillion tax cuts; a 3% cut in the top bracket VAT rate; raised local government special bond issuance to CNY2.15 trillion from CNY1.3 trillion in 2018 to aid infrastructure investment as well as signalling ...

Chief economist update: China and the spring in its step

BENJAMIN ONG  |  THURSDAY, 18 APR 2019
... 2.8% of GDP this year from 2.6% in 2018; CNY2.0 trillion tax cuts; a 3% cut in the top bracket VAT rate; raised local government special bond issuance to CNY2.15 trillion from CNY1.3 trillion in 2018 to aid infrastructure investment as well as signalling ...