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Showing 1201 - 1210 of 13339 results for "Economic"

Regulators sound alarm on cybersecurity, fraud in super

ANDREW MCKEAN  |  FRIDAY, 24 FEB 2023
... improvements in member outcomes and has been consulting on enhancements to its prudential standard on strategic planning. As economic conditions worsen, APRA is also focused on ensuring the industry remains strong and resilient. Accordingly, the regulator ...

The unprecedented economic forces shaping the world

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... Capital managing director and head of global and Asia-Pacific equity strategy Viktor Shvets said he believes unprecedented economic forces will change the investment climate in the coming decades. Shvets forecasts that the next decade will be different ...

New front in super wars, stability at risk: Opposition

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... just a matter of principle, it is a matter of maintaining the social licence that underpins one of our most substantial economic institutions," he added. Meanwhile, Treasurer Jim Chalmers said the objective for super will set a direction that everyone ...

Dataset to ease policy planning for ageing population

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
With an ageing population but no accepted approach for measuring the age of retirement, KPMG has taken the same approach used to determine life expectancy to produce an age of retirement dataset. In producing the dataset, KPMG has determined the expected ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... simplifying the business, and delivering improved client outcomes. Against a backdrop of market volatility driven by economic uncertainty, it's important we continue to realise out strategic opportunities," Insignia chief executive Renato Mota said. ...

The super investments driving future economic growth

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
Superannuation infrastructure investments will support sustainable economic growth and better living standards for Australians, an ASFA report finds. The ASFA Superannuation and the economy: Energy infrastructure research paper said superannuation will ...

Minutes show RBA considered 50bp rise

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
The Reserve Bank of Australia contemplated raising interest rates by 50 basis points when it met earlier this month but ultimately determined the case for a 0.25% increase was stronger. In the February 7 meeting minutes released this morning, the RBA ...

Unemployment rate rises to 3.7%

ANDREW MCKEAN  |  FRIDAY, 17 FEB 2023
Australia's unemployment rate has risen to 3.7%, according to the Australian Bureau of Statistics (ABS). The ABS reported a decline in employment for the second consecutive month, following a period of robust jobs growth throughout 2022. Employment ...

We did too much: Lowe

CASSANDRA BALDINI  |  FRIDAY, 17 FEB 2023
Fronting another parliamentary hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe acknowledged the central bank incorrectly predicted rates wouldn't rise until 2024, admitting he's embarrassed. Lowe explained that the pandemic ...

ASIC dodges PGPA investigation questioning

CASSANDRA BALDINI  |  THURSDAY, 16 FEB 2023
At a hearing this morning, Senator Andrew Bragg called out ASIC chair Joe Longo after he opted not to answer questions about ASIC commissioners investigated under the Public Governance Performance and Accountability (PGPA) Act. Fronting the Senate Economics ...