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| | | AustralianSuper and HESTA have taken a majority stake in a new housing company that seeks to provide institutional investors stable, long-term returns through large-scale housing investments across Australia. The new company, backed by the industry ... |
| | | | Average household income has been lifted through a poised rise in the rent and investment segments, as Aussies remain uptight on the front of cost-of-living, Commonwealth Bank data shows. Overall income growth is sitting at around 5%, with rent and ... |
| | | | Encouraging more Australians to access equity in their homes, combined with changes to stamp duty and the Age Pension, could give asset-rich, income-poor retirees a valuable income boost and help free up more housing for young families, according to ... |
| | | | Treasury has opened consultation on reforming the registration framework for tax practitioners, reviewing the key areas of education, qualification, and experience requirements. The consultation is part of the government's response to the PwC tax ... |
| | | | Bell Financial Group hired a former Challenger executive in the newly created role of group head of product. Having finished up at Challenger this month, Kate Ingwersen is now responsible for Bell FG's product innovation across subsidiaries Bell Potter ... |
| | | | Industry funds BUSSQ and Cbus have defended their respective boards' close ties to the CFMEU, saying all representatives satisfy the fit and proper standards outlined by APRA. This week the Victorian branch of the Construction, Forestry and Maritime ... |
| | | | ASIC has banned two former directors and responsible managers of XTrade, a trading platform that offers clients opportunities to trade in contracts for difference (CFDs) and foreign exchange contracts. The directors, Shay Zakhaim and Anthony Anderson ... |
| | | | Perpetual has streamlined its distribution team, in a move that sees the departure of three senior executives including the global heads of distribution and product. The asset manager confirmed Adam Quaife and Matthew Cahill have left their roles as ... |
| | | | The seasonally adjusted unemployment rate rose by less than 0.1 percentage point to 4.1% in June, according to data released by the Australian Bureau of Statistics (ABS). While a lower unemployment rate is normally a good sign for the economy, VanEck ... |
| | | | The Australian government has tabled the final report of the Productivity Commission's (PC) inquiry into philanthropy in Australia: Future foundations for giving. The report makes several recommendations to strengthen the foundations of philanthropy ... |
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