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Less than two weeks to nominate: Power50

STAFF WRITER  |  THURSDAY, 20 JUL 2023
With 130 nominations and counting, there is less than two weeks left to nominate the most influential financial adviser in Australia for Financial Standard 's annual Power50 list. Thus far, almost 118 financial advisers from all types of specialisations ...

Lendlease, Daiwa House strike BTR deal

CHLOE WALKER  |  WEDNESDAY, 19 JUL 2023
Lendlease and Japan's biggest home builder have partnered on a $650 million build-to-rent apartment development at Melbourne Quarter. The development, located in Melbourne's CBD, will be the second build-to-rent residences to be delivered by Lendlease ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... rationale, Jones said many members make decisions as a household, not as an individual. Such decisions range from purchasing a home to getting married to a partner retiring. "How does any income stream that I set up interact with a government pension ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  MONDAY, 17 JUL 2023
KPMG has proposed superannuation reforms targeted at home carers and recipients of paid parental leave to help close the gender gap. The KPMG Towards Gender Equity in Retirement report recommended the government consider adding superannuation contributions ...

Australian inflation downturn on the horizon: AMP

ANDREW MCKEAN  |  THURSDAY, 13 JUL 2023
... unemployed person there was around 0.8 jobs available, she added. Housing is also continuing to surprise to the upside, national home prices are up by nearly 4% since the market bottom in February. "This has led to some concern that there's more ...

CBA staff head to Fair Work over WFH policy

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
... secretary Julia Angrisano said. "What CBA has done is ignore the Enterprise Agreement and instead, dictate changes to work from home arrangements that currently suit many of its employees." Angrisano added that the pandemic proved that remote work is ...

Cbus delivers strong returns, grapples property headwinds

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
... softness to rising cap rates and increasing vacancies, especially in office spaces due to the proliferation of work from home. Nonetheless, around 18 months ago, Cbus pivoted slightly towards retail property, resulting in a deliberate underweight status ...

BlackRock raises $500m for Super Battery

ANDREW MCKEAN  |  THURSDAY, 29 JUN 2023
BlackRock Alternatives has secured over $500 million from Australian and global institutional and sovereign co-investors to expedite the development of the Waratah Super Battery. The Waratah Super Battery (WSB), believed to be one the largest committed ...

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
... invested in local markets can quickly reach their holding limits for individual stocks, this doesn't spell an end to the home bias. The report acknowledged tax considerations, such as Australia's local franking credits scheme, mean that home ...

Centuria looks to grow WA portfolio

CHLOE WALKER  |  FRIDAY, 23 JUN 2023
... price was really strong, and I think they probably improved their offer to consumers during that period as well in terms of home delivery and click and collect," he said. And while interest rates still impact all retail assets, McCully said the fundamentals ...