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Australia an 'efficient' market for multinationals
A new report by Mercator by Citco (Mercator) has revealed that while multinational organisations face significantly higher operations demands in Asia-Pacific (APAC), Australia has proven to be one of the most efficient markets.
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Brighter Super's MySuper option achieved 10.9% p.a. for the 2025 financial year, exceeding performance for the medium and long term.
SIAA chief executive steps down
Stockbrokers and Investment Advisers Association chief executive Judith Fox will step down after six years in the role.
GQG assets hit record high despite underperformance
GQG Partners' assets jumped $4 billion to reach a record high of US$172.4 billion for the 2025 financial year despite experiencing "short-term relative underperformance".
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John Burke
GLOBAL CHIEF EXECUTIVE OFFICER
BENNELONG FUNDS MANAGEMENT LTD
BENNELONG FUNDS MANAGEMENT LTD
Bennelong Funds Management is like a mainline into the jugular of Australia's financial advice sector, with more than 6500 advisers channelling capital to its funds. But its global chief executive John Burke says the job's not done yet. Andrew McKean writes.
This is a weak economic recovery in the US. If you dig deeper into the data you will find that the improvement in US unemployment is due to an insidious decline in the participation rate over several years. This means that a reduction in unemployment won't lead to a normal improvement in economic growth because lower unemployment is not leading to higher consumption.
So it will be another MJ song those US pollies should be singing "Don't Stop Till You Get Enough" ... or in other words unemployment will have to drop alot more than it has been even below 6.5% and don't stop there keeping going to 6% and below. Remember, Don't Stop Till You Get Enough!"