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Showing 1071 - 1080 of 2601 results for "WAI"

Australian Catholic Super, UniSuper sign SFT deed

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
Australian Catholic Superannuation and Retirement Fund and UniSuper will merge before the end of the year. The two funds have now signed a Successor Fund Transfer deed. This follows the Heads of Agreement they signed in May, formally confirming the ...

Luxury collectables break records

CHLOE WALKER  |  MONDAY, 27 JUN 2022
Millions of dollars of Rolex watches, Louis Vuitton and Hermes handbags, high-end shoes, jewellery, and other opulent items broke records recently at Lloyds Auctions, in one of the biggest luxury designer auctions ever. Over 350 pieces of high-end watches ...

Westpac outlines new social initiatives

CHLOE WALKER  |  MONDAY, 20 JUN 2022
The initiatives have a strong focus on women's financial security, including increasing home ownership rates among females. Westpac has expanded eligibility for its existing Lender's Mortgage Insurance (LMI) Waiver to include more health professions. ...

Superhero, Swyftx in $1.5bn merger

CASSANDRA BALDINI  |  WEDNESDAY, 8 JUN 2022
Superhero and Swyftx will merge to establish a $1.5 billion financial services giant with over 800,000 customers. The partnership between digital asset broker Swyftx and share trading and investment and superannuation platform Superhero is expected ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
The Reserve Bank of Australia (RBA) has decided to increase the cash rate target by 50 basis points to 85 basis points. The central bank also raised the interest rate on exchange settlement balances by 50 basis points to 75 basis points. At its meeting ...

Pendal launches new charitable investment vehicle

CHLOE WALKER  |  MONDAY, 6 JUN 2022
Pendal has teamed up with Investment Giving Australia to launch a new product in the Australian market that will allow investors to pass fund distributions on to charity. The launch of Investment Giving will offer investors the opportunity to direct ...

Rest bolsters operational risk oversight

ELIZABETH FRY  |  FRIDAY, 6 MAY 2022
After almost 14 years at Deloitte, Jason Foo has joined Rest's investment team to help run operational risk. The industry fund confirmed that Foo was appointed senior manager, operational risk, and compliance, investment management. Foo was a director ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
The Consumer Price Index (CPI) rose 2.1% in the March quarter and 5.1% annually - the greatest increases since the introduction of the Goods and Services Tax in 2000. The growth, revealed by the Australian Bureau of Statistics (ABS) yesterday, came ...

RBA eyes an early rate hike

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
Reserve Bank of Australia (RBA) minutes for April have strongly suggested that inflationary and wage growth developments have brought forward the likely timing of the first interest rate increase. Interest rates in Australia haven't been raised since ...

AustralianSuper drops premiums

JAMIE WILLIAMSON  |  THURSDAY, 14 APR 2022
AustralianSuper is decreasing some of its insurance premiums from May end, with members to see an average drop of 11%. From May 28, the cost of death, TPD and income protection will change depending on their cover type and work rating, the fund said. ...