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Capstone joins forces with PictureWealth to form $22bn FUA planning network
PictureWealth Group has inked a landmark deal with national advice licensee Capstone Financial Planning, forming a combined business with 360 financial advisers and $22 billion in funds under advice.
Mercer reviews small caps, Aussie equities mandates
Mercer Investments Australia has overhauled the fund manager line-up across its Australian equities and small-caps funds following an investment review, retaining some incumbents and awarding fresh mandates at the same time.
HESTA launches campaign around super tax benefits
The super fund is launching 'Super Saturday' to help those that are missing out on the advantage from super tax benefits ahead of the end of the financial year.
RBA on hold, rate cuts expected
The Reserve Bank of Australia kept interest rates on hold at its June meeting with economists suggesting the next move could be a rate cut.
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Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.







I'm confused as to how greater female representation would improve the execution of fiduciary duties of superannuation boards on behalf of members. I'm certainly not against the participation of both sexes in this role, but any debate on increasing numbers of females as a gender equality issue would not really seem to be an issue at the heart of best interests for members. And Eva Scheerlinck's comment about "Gender equity on super boards has been a target for our members since 2011" is clearly driven with other agendas in mind. I can't recall the last client I spoke to who raised gender equality on Superannuation Boards - Oh that's right, they don't raise it because they don't care. Nice try Eva!