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| | | Paul Thomas, co-founder of Vantage Point Asset Management, has returned to the Singapore-based hedge fund after a four-year stint at Merricks Capital, the agricultural credit fund. Thomas has departed the firm backed by Melbourne's wealthy Liberman ... |
| | | | The seasonally adjusted unemployment rate fell by 0.2 percentage points to 3.9% in November, according to the Australian Bureau of Statistics (ABS). "With employment rising by 36,000 people and the number of unemployed decreasing by 27,000 people, the ... |
| | | | Following an extensive search, ANZ has appointed a new leader as chief executive Shayne Elliot prepares to retire. ANZ said it assessed a range of external and internal candidates, with the board "spoilt for choice" in the process, ANZ chair Paul O'Sullivan ... |
| | | | AMP chief economist Shane Oliver has shared his "worry list" for 2025, outlining the risk of recession, trade wars and geopolitical turmoil. Oliver said just as with 2024, the list of concerns for investors heading into 2025 is long, and "even more ... |
| | | | The government has provided clarity on the second tranche of the Delivering Better Financial Outcomes reforms, offering more detail around what's included and confirming the remit of its 'new class of adviser.' The second package of reforms is aimed ... |
| | | | Financial advisers must build the confidence to talk to clients about sensitive topics such as divorce, financial coercion, and binding financial agreements (BFAs) to help them navigate difficult periods and make a real difference in their lives. According ... |
| | | | Appearing on a panel discussion at the ASFA Conference on Thursday, Mine Super chief executive Vasyl Nair said superannuation funds should not prioritise glamourising offerings, but instead focus on simply improving performance. Nair explained when ... |
| | | | AustralianSuper will compensate around 7000 beneficiaries to the sum of $4.2 million for death benefit claims that took longer than the fund's internal target handling time of four months from the date when the claim form was received. The fund ... |
| | | | The Future Fund has been handed a new mandate, with the government directing it to prioritise investments in the energy transition, residential housing, and infrastructure. The $230 billion sovereign wealth fund has been provided with a new investment ... |
| | | | Queensland Investment Corporation (QIC) has invested in Virescent Ventures' new climate technology fund, helping take its first close to about $125 million. QIC joins Westpac and the Clean Energy Finance Corporation (CEFC) in backing Fund II, which ... |
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