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| | | ... The RBA said returning inflation to target is still the main priority, but there were many uncertainties weighing on the task. "Returning inflation to target within a reasonable timeframe remains the board's highest priority. This is consistent with ... |
| | | | ... that the outlook remains uncertain. "We only need to look abroad to see how difficult this is to achieve," he said. "The task of taming inflation has halted growth in Europe, raised unemployment in Canada to its highest level in two years, and progress ... |
| | | | Four top superannuation specialists have been recognised in this year's honours list including incoming governor general Sam Mostyn, who recently stepped down as chair of Aware Super. Those celebrated for their work in superannuation also include ... |
| | | | Three people will go to prison after pleading guilty to defrauding the COVID-19 early release of superannuation scheme for $103,500. The Brisbane District Court sentenced three women from Queensland, whose identities were not revealed, for submitting ... |
| | | | In pursuit of a new operating structure and "simpler portfolio environment", TCorp has created four new investment roles and will farewell its head of portfolio construction and head of portfolio delivery. The investment partner of the New South Wales ... |
| | | | ASIC has canned the AFS Licence (AFSL) of the asset management firm linked to a massive money-laundering operations. Everest Asset Management, which was licensed to service wholesale clients, will no longer be operational. ASIC said it revoked the AFSL ... |
| | | | The government will provide $17.3 million over four years to ASIC and APRA to combat greenwashing and other related financial misconduct and help further develop Australia's sustainable finance market. In a bid to promote the development of sustainable ... |
| | | | While a minority of organisations have embraced it, the four-day work week potentially has unintended consequences that are inflationary, reduce productivity, and can lead to employee burnout. This is according to some experts who recently spoke at ... |
| | | | ... to a new custodial arrangement as its current contract with J.P. Morgan is set to expire in 2025, which is a "significant task" for the fund. "... again, a merger will facilitate the timely replacement of our current custodial arrangements," the fund ... |
| | | | UniSuper is working to resolve an ongoing system outage impacting the entire business, assuring disgruntled members it is not the result of a data breach. The $135 billion super fund's online systems have been disrupted this week, with its 665,000 ... |
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