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Australian Retirement Trust people chief to depart
Australian Retirement Trust has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year.
SSGA loses $2.4bn in two months
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products.
AFCA seeks industry feedback on approaches
The financial complaints authority is asking the industry for feedback on how it approaches issues and reaches decisions.
Apex, ACA partner to broaden client services
Apex Group and ACA Group have formed a partnership to offer their clients a wider range of services.
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Jason Huljich
JOINT CHIEF EXECUTIVE OFFICER
CENTURIA CAPITAL LIMITED
CENTURIA CAPITAL LIMITED
A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
It's all very well for certain institutional investors to moan about scrapping the Renewable Energy Target (RET). As investors, the possibility should have been taken into account when they analysed their investments in various RET schemes, prior to entry into these high risk schemes.
The fact alone that major subsidies are required to make these alternative energy schemes work should have raised some signals pointing to high risk. Furthermore, none of the alternative energy generators has shown yet that they would be better in the long run than conventional tried and true operations.
Perhaps the IGCC should disband or hang its collective head in shame.