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| | | Speaking in a personal capacity at the Senate Economics Committee, Michelle Levy said it is too much to expect superannuation trustees to fix Australia's housing problem. Levy said she is sympathetic to the housing crisis, noting that she agrees owning ... |
| | | | Following a revision of its constitution, NGS Super will welcome its first independent chair in 2025. The industry fund, which caters to education professionals, has revised its constitution to allow for the inclusion of independent directors on its ... |
| | | | Longreach Alternatives has poached the former sales lead of Channel Capital to spearhead its new business unit dedicated to fundraising and distributing its products. Andrew King, who finished up with Channel Capital in May 2023, popped up at fledgling ... |
| | | | The Australian Prudential Regulation Authority (APRA) has published its latest corporate plan as well as some changes to its internal structure. The corporate plan outlines how the regulator will maintain the "strength and stability of Australia's banks ... |
| | | | ... reduce from 0.84% to 0.83% from October 1. Most other investment options saw either a slight decrease or no change in fees, except for the international shares option, where fees will marginally increase from 0.45% to 0.47%. The fund has also changed ... |
| | | | QIC has beefed up its private equity team by promoting a swag of investment professionals as the $110 billion Queensland state-backed fund hunts for deals. The promotions include two new partners in the investor's London and San Francisco offices. ... |
| | | | Global X ETFs has appointed Chris Wolak as head of portfolio management, commencing in October. Wolak will oversee the company's ETF product line-up across equities, fixed income, commodities, and digital assets, which represents over $7.6 billion ... |
| | | | JANA Investment Advisers has been mandated by a Melbourne advice firm to provide managed account consulting services. JANA announced a new agreement with Investor Wealth, providing consultancy and support services related to managed accounts, including ... |
| | | | Challenger reported a normalised net profit before tax (NPBT) increase of 17% to $608 million and raised its full-year dividend by 10% to 26.5 cents per share fully franked, in its FY24 results released today. The financial services group said its NPBT ... |
| | | | ... for FY24, receiving a boost from its investment in global shares. CareSuper reported positive returns in most categories except for its direct property option, which has been negative for two consecutive years and came in at -5.09% for FY24. The super ... |
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