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RBA spotlights inflation risk of higher wagesBY ANDREW MCKEAN | WEDNESDAY, 22 JUN 2022 12:24PM
Minutes from the Reserve Bank of Australia's June board meeting revealed a risk of persistently high inflation as employees demanded a rise in wages to combat living costs.
Read more: Inflation, Fair Work Commission, Reserve Bank of Australia, ACTU, Sally McManus, Wage increase
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Maritime Super reappointed MLC Life Insurance as its group insurer, effective July 1.
Iress has reported a 29% increase to its underlying net profit after tax (NPAT), coming in at $31.8 million, as it looks to strengthen its position with superannuation funds.
Transurban has named Craig Drummond as its chair, replacing Lindsay Maxsted who will retire this year.
Norges Bank Investment Management announced the Government Pension Fund Global lost 1.68 trillion Norwegian krone, which is the equivalent of almost $250 billion AUD in the first half of this year, largely driven by equity returns, primarily technology stocks.
Vanguard, the ETF giant, has presented an odd submission to the Quality of Advice Review.
With the RBA tightening cycle firmly underway, the impact for Australian households is only starting to be felt.
There's no doubt the superannuation system, which turned 30 this year, has been a game changer.
We've all probably been there. The days when we used to ask beginner, dumb, naïve questions about why things are done a certain way, starry-eyed questions ...
Do you think greenwashing is a serious issue in the Australian funds management sector?
GROUP EXECUTIVE OF MEMBERSHIP AND BRAND
Driven by a relentless commitment to helping others, it's of little wonder Rose Kerlin has excelled at leading profit to member and purpose-led organisations. Andrew McKean writes.