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Showing 1121 - 1130 of 13014 results for "Change"

AustralianSuper welcomes AI tech competition

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
Mayhem erupted on Wall Street on Monday (local time) after Chinese-owned DeepSeek burst onto the artificial intelligence (AI) scene, wiping $1 trillion off chip maker Nvidia. AustralianSuper holds around $2 billion of Nvidia shares in its balanced option ...

WA best performing state, but economic growth lags

MATTHEW WAI  |  TUESDAY, 28 JAN 2025
... place. Although WA performed soundly, its economic activity data was seemingly one of the worst. According to percentage change in the year to September 2024 on a long-run average, WA scored 0.7% at seventh, only ahead of NT (-3.2%). SA tops the category ...

Super failures, greenwashing: ASIC's key issues in 2025

ELIZA BAVIN  |  TUESDAY, 28 JAN 2025
The Australian Securities and Investments Commission (ASIC) has identified what it believes to be the most significant current, ongoing and emerging issues within its regulatory remit for 2025. "Increased market volatility, geopolitical changes, the ...

How much is needed to maintain your standard of living in retirement?

ANDREW MCKEAN  |  FRIDAY, 24 JAN 2025
... advocacy group said. "For this reason, our guidelines don't include targets for retired renters. "We think that systemic change, such as increased social housing and further increases to Commonwealth Rent Assistance, is more important to this group than ...

Government to streamline financial reporting

ELIZA BAVIN  |  FRIDAY, 24 JAN 2025
... some surprise" and called for greater consultation by the profession. "We have been engaging with the government on this change since it was first announced by the Treasurer in 2023," Ghandar said. "CA ANZ supports the overall objective of a more flexible ...

mFunds sparked ASX outage, $1m credit issued

KARREN VERGARA  |  FRIDAY, 24 JAN 2025
The ASX said the outage from last month largely stemmed from the now-defunct mFunds and will subsequently credit participants $1 million to make amends. While several circumstances led to the glitch, the ASX traced the root cause to the introduction ...

Super moves: ART, QIC, Rest, CareSuper

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... Meanwhile, Max Hamra has joined CareSuper as a responsible investment analyst. Hamra arrived from Investor Group on Climate Change where he served as manager of corporate engagement for nine months. Before that, he was a senior responsible Investment ...

More climate exits as Trump takes charge

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025
... vowing to maximise US oil and gas production and exploration. The local convener of CA100+, the Investor Group on Climate Change (IGCC), confirmed that Northern Trust withdrew from the initiative. "While disappointed, we respect each investor's independent ...

Financial services deregulation boosts economy by $2bn: FSC

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
Reforms in funds management, financial advice, and superannuation will usher in an extra $1.7 billion per year to the economy and can make Australia a serious financial services hub, the Financial Services Council (FSC) says. New modelling shows that ...

Aussie billionaires make $67k per hour: Oxfam

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
Australian billionaires earn $67,000 an hour, according to a new report from Oxfam, which is 1300 times more than what everyday workers make. The 47 billionaires based in Australia saw their wealth rise by more than 8% or $28 billion last year, the ...