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AIST veteran tenders resignation

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
... profit-to-member sector," she said. "While we are sad to see Maryann leave, we respect that she is ready for a change and the next chapter in her career. "We wish her every success in the future." During her tenure at AIST, Mannix-White drove the expansion ...

CBA profit takes hit, dividend cut

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... to further extend our franchise strength and deliver long-term performance and returns for shareholders." Comyn added the next few months will be critical and some sectors will take longer to recover than others. "However, we remain positive about Australia's ...

ISA, Grattan find common ground

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... entitlements." ISA went on to support increasing the superannuation guarantee, which is scheduled to lift to 12% over the next five years. "Grattan's out-of-touch solution to this looming crisis for millions of Australians is to take away the one thing ...

Chief economist update: Ardern's ardour

BENJAMIN ONG  |  TUESDAY, 11 AUG 2020
Big congratulations to our next door neighbours, you've done well. August 10 marked 100 days that the country has gone without any recorded case of coronavirus infection - 'twas way back on May 1 when New Zealand reported the last infection. ...

Chief economist update: Escape from Victoria

BENJAMIN ONG  |  FRIDAY, 7 AUG 2020
... chill for the warmer climate of its northern neighbour - notably, Queensland (where it's "beautiful one day, perfect the next")... and in the current setting, coronavirus-free. But unlike other winters' past, news.com.au writes that: "Thousands ...

CalPERS chief investment officer resigns

JAMIE WILLIAMSON  |  FRIDAY, 7 AUG 2020
... achieve our return target. But at this time, it's important for me to focus on my health and on my family and move on to the next chapter in my life." The pension fund will commence an immediate search for a permanent successor. Earlier this year, a ...

Dealmakers hold off investing in Australia

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... created by COVID-19 will be a brief stumbling block and most dealmakers will consider returning to the market within the next 12 months, depending on how the pandemic continues to play out," he said. More than 40% said they will complete deals in Australia ...

It's your money: Hume calls out Keating

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... everyday Australians. "It's your money. Not government's. Not the super funds'. And insiders who don't have to worry about their next pay cheque shouldn't lecture you for accessing it when you need it most," she tweeted. She followed this up by calling ...

SG increase will be deferred: Knox

ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
... have too many businesses struggling in the current environment." Knox said he expects very limited wage increases over the next couple of years and believes while that wage growth remains subdued it will not be appropriate to increase the super guarantee. ...

FPA award nominations open, new award announced

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... judged by a panel of experts, with award winners receiving consumer media opportunities and complimentary registration to next year's FPA Professionals Congress. De Gori urged advisers and students to enter the awards and trumpet their achievements. ...