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Showing 91 - 100 of 924 results for %22Committee Economics%22

Diversa, BetaShares relationship probed

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
The House of Representatives Standing Committee on Economics has questioned Future Super, Verve and Diversa Trustees on their relationship with BetaShares. Despite Future Super experiencing impressive member growth and returns recently, committee chair ...

Future Super, Verve accused of misleading members

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 FEB 2021
The House of Representatives Standing Committee on Economics has accused Future Super and Verve of misleading consumers who are unlikely to understand the funds' relationship to Diversa Trustees. During questioning, Liberal MP and committee chair ...

Chief economist update: Taper talks are premature

BENJAMIN ONG  |  FRIDAY, 29 JAN 2021
... its same old, same old for the US Federal Reserve. As expected and in a unanimous decision, the Fed confirmed: "The Committee decided to keep the target range for the federal funds rate at zero to 0.25% and expects it will be appropriate to maintain ...

Industry fund called out over board diversity initiatives

KARREN VERGARA  |  THURSDAY, 17 DEC 2020
... initiatives in the companies it invests in. Rest, with 1.8 million members of which 60% are women, was grilled at a Standing Committee on Economics hearing into superannuation in November by MP Andrew Leigh, who questioned why board diversity initiatives ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... the pandemic year 2020 was inaction. At the conclusion of its December FOMC meeting, the US Federal Reserve said: "The Committee decided to keep the target range for the federal funds rate at zero to 0.25% and expects it will be appropriate to maintain ...

We've done our part, now it's your turn: Lowe

ELIZA BAVIN  |  THURSDAY, 3 DEC 2020
Reserve Bank of Australia (RBA) governor Philip Lowe was forced to remind the Standing Committee on Economics that the RBA is not solely responsible for economic recovery and the federal government also needs to pitch in. Lowe explained that while the ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... funds' ability to put the best financial interests of members ahead of profit and shareholders. The most recent Standing Committee on Economics into super heard instances of ticket clipping and maximising the bottom line above putting the interests ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... outlook. Reserve Bank of Australia (RBA) governor Philip Lowe thought as much. In his address at the annual dinner of the Committee for Economic Development of Australia (CEDA), the governor declared that: "It is certainly possible that the economy will ...

New fixed income boutique launches

KANIKA SOOD  |  MONDAY, 9 NOV 2020
... specialist global derivative and currency overlay asset management firm TGM, is the chair of the board and the investment committee. All three have post doctorates, Baylis in econometrics, Higgs in economics and Richards in math. In operations, former ...

AustralianSuper dodges advertising scrutiny

KARREN VERGARA  |  FRIDAY, 6 NOV 2020
... and how effective that has been in acquiring new members. AustralianSuper chief executive Ian Silk faced the Standing Committee on Economics chaired by MP Tim Wilson this morning, staying mum about how the super fund with 2.3 million members spent its ...