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AustralianSuper denies turnover issue, delays office

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUN 2020
... acknowledged that the ERS scheme could set a precedent that may change super. "Do we think super will be a vehicle for access in the next downturn or after? That could change how we think about portfolios," Delaney said.

Real estate assets hit $316bn

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... AUM, totalling $52 billion in 2019, according to the ANREV/INREV/NCREIF Fund Manager Survey 2020. Goodman far outpaced its next ranking peer Charter Hall which reported $38.9 billion in total real estate AUM, followed by Lendlease with $36.5 billion. ...

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
... are likely to be promptly contained like the first. Then again, all these paint the Australian economy this year and the next. Good as it may be, the Federal government's latest initiative should set this land downunder for another 30 years of luck. ...

Life insurance salary guide for 2020

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... smaller, we are seeing a big rise in insurers hiring candidates from the workers compensation/ allied health pool as the next best option," the recruiter said. "Many of these candidates either have extremely strong complex physical/psychological injury ...

US GDP to contract 6.5%: Fed

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... year from 13.3% in May, and decline to 6.5% in 2021. US GDP was projected to contract by 6.5% this year before rebounding 5% next year. "Core inflation would be 1% this year before rising to 1.5% next year and 1.7% in 2022, still short of the 2% 'sweet ...

Chief economist update: Don't fight the Fed

BENJAMIN ONG  |  THURSDAY, 11 JUN 2020
... SEP shows is a general expectation of an economic recovery beginning in the second half of this year and lasting over the next couple of years, supported by interest rates that remain at their current level near zero." Powell also addressed recent speculations ...

Sam Henderson in court over phantom degree

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... were mentioned at the Downing Centre Local Court yesterday. Henderson did not enter a guilty plea and the matter will be next heard on August 4. The Commonwealth Director of Public Prosecutions is prosecuting this matter, following a referral of a brief ...

Best equities funds to May end

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... its wholesale vehicle returning 62.04% in the period, Class A returning 61.95% and another version returning 60.49%. The next three spots on the list were also taken by funds investing in global large caps. Nikko AM ARK Global Disruptive Innovation Fund ...

Bad news for BDMs despite industry-wide uptick

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUN 2020
... pandemic created uncertainty, the tide has turned and now less than 10% of organisations have no plans to recruit in the next three months. However, business development managers are still feeling the pinch. "Business development managers who are currently ...

Property yet to show COVID-19 pain

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
... owner occupiers. "The decrease is usual for the March quarter and has been occurring for the past 10 years," Kelly said. "Our next report will reflect the impacts of the start of the COVID-19 pandemic on both the sales and rental markets."