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Showing 1091 - 1100 of 3262 results for "DECADE"

Future Fund proves resilience to market shocks

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
The Future Fund produced a return of -0.6% for the first quarter of the financial year, while developed listed markets fell 5.2%. The sovereign wealth fund's assets under management (AUM) are now $193 billion, falling by $1.25 billion over the quarter. ...

Jameson TTB links with family office

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
Jameson TTB and the Buxton Family Office have formed a strategic partnership to help grow the alternatives manager. The Buxton Family Office will provide funding as an underwriter to future deals and transactions, enabling Jameson TTB, which was formerly ...

ANZ told to pay $25m for 20-year failure

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
ANZ has been ordered to pay a $25 million penalty for failing to provide banking customers with promised benefits for about two decades. The Breakfree package was introduced in 2003 and was offered with several ANZ products including home loans, credit ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... predecessor for inheriting a budget burdened by $1 trillion in gross debt and deficits projected for at least the next decade. Consequently, new fiscal policies have largely been offset for this year and the next. "We face growing pressures with interest ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
Access to affordable housing is at the core of the Federal Budget, including a new national Housing Accord struck between the government, institutional investors, and industry to help tackle the growing issue. Under the Housing Accord, one million new ...

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
... behaviour of exchange rates, both real and nominal, conflated these inflationary pressures. "For many years over the past decade or so, actual wages growth was much weaker than the bank had forecast. The bank has discussed a range of reasons for that ...

Andrew Hagger leaves Tattarang

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... took on the role at the beginning of 2019, not long after leaving NAB where he was chief customer officer for more than a decade. His departure followed a grilling at the Royal Commission which resulted in him being personally investigated by ASIC for ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
... shows if a member on the median wage with a balance of $50,000 stayed with one of the poorest performing funds for the next decade they could be approximately $25,000 worse off. If a 30-year-old was stapled to one of these dud funds for the rest of their ...

Charter Hall hires REIT vet

CHLOE WALKER  |  FRIDAY, 21 OCT 2022
Mark Ferguson has been appointed as head of the Charter Hall Maxim Property Securities business (Maxim), bringing 30 years of listed property securities experience to the role. Ferguson joins the property investment company from Macquarie as its head ...

Colonial First State introduces new platform

CHLOE WALKER  |  THURSDAY, 20 OCT 2022
... building a stronger and more sustainable advice industry," CFS group executive, distribution Bryce Quirk said. "Over the past decade, we have seen a significant reduction in the number of registered financial advisers and a fall in the overall number ...