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Showing 1351 - 1360 of 10303 results for "STI"

Inflation expected to have peaked: RBA

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
The Reserve Bank of Australia (RBA) has forecast that headline CPI (7.8%) is expected to be the peak in this economic cycle. In a monetary policy statement, the RBA said CPI is still high, affecting a range of goods and services. Global factors such ...

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
New legislation to close the gender pay gap has been introduced, requiring employers to publish pay gap data for increased transparency. The Workplace Gender Equality Amendment (Closing the Gender Pay Gap) Bill 2023 requires employers with 100 or more ...

Super disruptors throw in the towel

KARREN VERGARA  |  THURSDAY, 9 FEB 2023
The number of Millennial-targeted super funds continue to fall by the wayside, halving to just 14 nearly a decade after attempting to disrupt the superannuation sector. Touted as pioneers in the super industry, the likes of Future Super and Virgin Super ...

My mind has not been changed: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 8 FEB 2023
Financial advisers and non-relevant providers should share the load when it comes to giving simpler financial advice, Michelle Levy maintains. As previously flagged in the draft proposals, Levy has suggested the Corporations Act be amended to provide ...

APAC REITs see robust growth

CHLOE WALKER  |  WEDNESDAY, 8 FEB 2023
In the last five years, Asia Pacific alternative REITs have seen meaningful expansion, growing by almost 115% in terms of their index weight, according to a joint report by Asia Pacific Real Assets Association (APREA) and CentreSquare Investment Management. ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
True to her word, Quality of Advice Review chair Michelle Levy's final report contains few surprises, however her recommendations include the introduction of both a Good Advice Duty and a Statutory Best Interests Duty. The 267-page final report ...

Private equity still hot: State Street

CHLOE WALKER  |  TUESDAY, 7 FEB 2023
Private equity will remain the top alternative asset class for new investment over the next two to three years, according to State Street's latest global survey. The survey, commissioned by State Street in Q4 of last year, surveyed 480 institutional ...

Government acts to regulate crypto assets

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
Crypto asset licensing and custody reforms by the government are targeting subsets outside the financial services framework. In a joint statement, treasurer Jim Chalmers and assistant treasurer and minister for financial services Stephen Jones said ...

Magellan FUM increases despite outflows

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
Magellan reported net outflows of $0.5 billion in January but said its funds under management (FUM) increased slightly by almost 2% last month. The group said FUM shifted in January to $46.2 billion from $45.3 in December, however it is still down in ...

AZ NGA buys stake in Melbourne advice firm

CHLOE WALKER  |  MONDAY, 6 FEB 2023
AZ Next Generation Advisory (AZ NGA) has expanded its Victorian footprint, partnering with accounting and advice firm McLean Delmo Bentleys. McLean Delmo Bentleys employs approximately 90 staff across wealth management, accounting, and auditing. As ...