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Showing 141 - 150 of 19917 results for %22Business%22

Calls for fresh 5% hike to minimum wage

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... hourly rate to $24.39 and the minimum annual full-time rate by $2295 to take it to $48,200. The ACTU submission argued business can afford this "fair and sensible increase", especially as profits are well above pre-pandemic levels. It would also have ...

Director facing $13k fine in first of its kind action from ASIC

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... $13,320. Directors required to have ID ASIC said all directors are required by law to verify their identity with Australian Business Registry Services before receiving a director ID. Directors must apply for their director ID within the following timeframes ...

Perpetual awards State Street subsidiary a major mandate

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... appointed State Street subsidiary Charles River to manage front office operations for its Australian asset management business. Perpetual's Australian asset management business will use Charles River's Investment Management Solution (Charles River IMS) ...

Wholesale investor tests up for parliamentary review

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... submission, Marquette Properties managing director Tobias Lewis wrote that he has "grave concerns for our investors, our business, and our industry" if the thresholds increase. "The reported intention to increase the wholesale investor threshold from ...

Allianz Retire+ names wealth management distribution chief

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... other market participants. Prior to that Rodda spent four years at Macquarie contributing to the strategic growth of the business as associate director. Allianz Australia Life Insurance chief executive Adrian Stewart said Rodda further strengthens the ...

Australia's wealthiest women not getting the advice they need

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... are accumulating their own assets and investments, while also benefiting from intergenerational wealth and Baby Boomer business transfers," the research said. "Together with higher divorce rates, especially among older generations, HNW women are often ...

Northern Trust appoints head of international enterprise client solutions

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... asset management solutions, Northern Trust said. Paulin has 25 years of experience in senior level investment research, business creation, asset management, capital markets, and asset servicing roles. Before joining Northern Trust, where he was most ...

Former Schroders chief joins private markets firm

ELIZABETH FRY  |  FRIDAY, 22 MAR 2024
... portfolio solutions, his experience will be invaluable for our clients," he said. Hallinan added that he wanted to work in a business that had a platform to leverage the growth in private markets and, most importantly, offer investors quality, hard-to-access ...

ASIC's harsh words to directors: 'It's not meant to be easy'

ELIZA BAVIN  |  FRIDAY, 22 MAR 2024
... Australian Institute of Company Directors (AICD) Australian Governance Summit, Longo acknowledged there is complexity in the business world, but said that isn't an excuse for directors to not do their jobs properly. "It may seem to some that being a ...

Luxury fashion house sued over Birkin bag sales

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... attempted to purchase a second, they were told specialty bags go to "clients who have been consistent in supporting our business," the suit claims. Another plaintiff claims they were told by a sales associate to buy ancillary products before they'd ...