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Showing 131 - 140 of 1653 results for "Workers"

Gender parity in financial services an economic imperative

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... early childhood educators received a pay rise of at least $103 per week. This was part of two pay rises that entitles workers to a total 15% bump in their pay. The Parenthood advocates for ECEC that's delivered by a professional, paid, and supported ...

Large financial firms falling behind on AI adoption

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
... clear standards around the usage of AI as adoption amongst individuals is on the rise. "More than 70% of white-collar workers are using AI day to day. They probably are just not telling their boss, and that includes within financial services," he said. ...

Financial services chips away at gender pay gap: WGEA

KARREN VERGARA  |  TUESDAY, 4 MAR 2025
... comprising 53% women with average remuneration in the upper quartile sitting at $307,000. Across the board, financial services workers took home $162,000 on average. At a company level, fund managers appear to regress, with the likes of Magellan Asset ...

Super fund investment in US to skyrocket

ELIZA BAVIN  |  MONDAY, 24 FEB 2025
... partnerships between Australian pension funds and US partners has the potential to deliver healthy returns for Australian workers and help drive US growth, jobs, and infrastructure." The report comes as super funds, investment managers and banking leaders ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... transform and simplify the Master Trust business. It reached an initial agreement in December, today confirming some 1400 workers will transfer to SS&C. They currently work across administration, technology and digital teams, Insignia said. The transfer ...

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... should," AustralianSuper said. The fund noted that the LISTO threshold has not been indexed for superannuation, meaning workers earning between $37,000 and $45,000 a year are paying the full rate of tax on their concessional super contributions despite ...

Housing construction lags broader economy by 49%: PC

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... productivity: Can we fix it? report calculates that the number of dwellings completed per hour by housing construction workers has declined by 53% since 1995. Conversely, labour productivity in the broader economy increased by 49% over the same period. ...

Senate calls to overhaul super fund boards

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... "This proposal is further evidence that Peter Dutton and the Coalition are unashamedly on the side of the big banks, not workers. When super funds allow workers to have a seat at the table, the evidence is clear, they generate higher returns - worth ...

Finance workers worry about job displacement from AI, government urged to take action

KARREN VERGARA  |  WEDNESDAY, 12 FEB 2025
... AI and automated decision making (ADM) systems may affect people seeking entry-level roles. It is imperative that young workers access fundamental education and training about the use of this technology." One recommendation is to amend the Fair Work ...

Almost half of HESTA members retire involuntarily

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... prepared by Evolved Thinking - surveyed more than 1800 pre-retirement health, aged care and community services (HACS) workers, which make up the majority of the fund's members. The research identified the complex process of planning for and entering ...