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Showing 1451 - 1460 of 9462 results for "tech"

FRAA provides roadmap for improved super regulation by APRA

ANDREW MCKEAN  |  FRIDAY, 14 JUL 2023
The Financial Regulator Assessment Authority (FRAA) has affirmed the effectiveness of APRA in superannuation supervision, while identifying underdevelopment in the regulator's resolution function. The FRAA tabled five recommendations for APRA to enhance ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
Prime Minister Anthony Albanese and Treasurer Jim Chalmers announced this morning Michele Bullock will take over as Reserve Bank of Australia (RBA) governor from Philip Lowe in September. Chalmers said the government is proud to announce the ninth governor ...

CBA staff head to Fair Work over WFH policy

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
The Finance Sector Union will front the Fair Work Commission on behalf of Commonwealth Bank staff, fighting the banking giant's mandate that staff be in the office 50% of the time. At the end of May, CBA told staff that they would be required to work ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
Reserve Bank of Australia (RBA) governor Philip Lowe has announced significant changes that will be implemented by the central bank in response to the recent review of its processes. In what is potentially his last speech as governor, Lowe explained ...

Praemium hires governance, risk chief

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUL 2023
Praemium now has a fully stocked executive team, with the appointment of a chief governance and risk officer completing chief executive Anthony Wamsteker's refresh. Rachel Axton will join Praemium later this month as chief governance and risk officer. ...

Advice firm revenues jump 45%

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
Despite employing fewer staff and a reduction in client numbers, financial advice firms saw revenues shoot up by nearly 50% from two years ago. A survey of 122 advice practices conducted by Business Health and Iress found average revenue jumped from ...

Ag sector boosts Australia's productivity

KARREN VERGARA  |  TUESDAY, 11 JUL 2023
A new report from the Productivity Commission finds that the agriculture sector is turbocharging the Australian economy well ahead of other industries, thanks to the favourable weather conditions of recent years. The newly released Productivity Commission ...

GQG hits US$104bn in FUM

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
GQG Partners has recorded a substantial increase in its funds under management (FUM), rising from US$86.7 billion in June 2022 to US$104.1 billion in June 2023. The asset manager attributed this robust growth to its long-term investment performance ...

Commonwealth Bank backs Wollemi Capital

CHLOE WALKER  |  MONDAY, 10 JUL 2023
The bank was a major strategic investor in the investment boutique's recent capital raising, eyeing an opportunity to help its customers better manage their own carbon emissions. Named after the endangered Australian pine tree species, Wollemi Capital ...

Iress expands superannuation leadership

CHLOE WALKER  |  MONDAY, 10 JUL 2023
... technology-led business that is in a strong position to deliver brilliant member outcomes through superannuation, data and advice tech and services," Sinclair said. The appointment follows Iress chief executive Marcus Price detailing a product-led growth ...