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Showing 161 - 170 of 4416 results for "Sea"

Unemployment falls, more women enter the workforce

ELIZA BAVIN  |  FRIDAY, 15 AUG 2025
The seasonally adjusted unemployment rate fell to 4.2% in July, according to data from the Australian Bureau of Statistics (ABS). "With employment rising by 25,000 people and the number of unemployed decreasing by 10,000 people, the unemployment rate ...

Super board moves: ART, Aware, Brighter Super

MICHELLE BALTAZAR  |  THURSDAY, 14 AUG 2025
August is a season for reporting - and board appointments. Three major super funds ART, Aware and Brighter Super announce their latest additions. At Australian Retirement Trust (ART), multiple chair appointee Anthony Lynham will join the board on August ...

Former Kerr Neilson staffer pleads guilty to insider trading

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
A former employee of Kerr Neilson's family office, Rodney Forrest, has been charged with insider trading and procuring others to trade Platinum Asset Management shares. At Sydney's Local Court yesterday, Forrest pleaded guilty to two counts ...

RBA cuts rates, experts debate next moves

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
As widely anticipated, the Reserve Bank of Australia (RBA) delivered a 0.25% interest rate cut at the August meeting, bringing the official cash rate down to 3.6%. The RBA board noted that the easing in inflation alongside a softening in the labour ...

Perpetual Corporate Trust acquires IAM's term deposit broking business

KARREN VERGARA  |  FRIDAY, 1 AUG 2025
Perpetual Corporate Trust (PCT) has acquired Income Asset Management's (IAM) term deposit broking business, which has nearly $1.6 billion in client funds. Given that Perpetual's subsidiary has more than $8 billion in deposit and fixed income ...

ASX chief compliance officer to step down

MATTHEW WAI  |  FRIDAY, 1 AUG 2025
Daniel Moran, the chief compliance officer of the Australian Securities Exchange (ASX) since January 2023, has announced his resignation. During the transition period, general manager listings compliance Garth Riddell will step into the role of interim ...

Aware Super, TelstraSuper explore merger

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
Aware Super and TelstraSuper have announced the signing of a non-binding Memorandum of Understanding (MOU) to explore a potential merger between the two superannuation funds. The proposed merger would create a combined profit-to-member fund with approximately ...

Advisers overlook hype, embed AI in practice: Investment Trends

KARREN VERGARA  |  TUESDAY, 29 JUL 2025
Financial advisers no longer see artificial intelligence (AI) as hype as the majority use it for simple tasks as well as complex functions, a new Investment Trends survey found. In the latest Adviser Technology Needs Report, many are now embedding AI ...

Federated Hermes 'not far away' from launching Australian wholesale products

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
Federated Hermes has primarily engaged with the institutional market, notably superannuation funds, in Australia, but this is set to change as the firm looks to tap into the local wholesale market. Federated Hermes international head of sales Clive ...

Prime Super delivers double-digit returns

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
Prime Super has delivered 10.82% investment returns to members within its MySuper option marking the third consecutive year of returns above 9% for the fund. The super fund has also dropped transaction costs from 0.2% to 0.06% for those in the MySuper ...