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Showing 11 - 20 of 573 results for "Modern"

Centuria raises $50m for new fund

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... an industrial logistics facility based in Melbourne's Keysborough. Centuria joint chief executive Jason Huljich said the modern logistics facility was built in 2017, providing an 8756 sqm warehouse with a low 45% site coverage. "The asset benefits from ...

Five megatrends shaping financial services: McCrindle

CHLOE WALKER  |  FRIDAY, 23 FEB 2024
... broader values and an ethos of the organisations behind it," McCrindle said. "Value, as well as values, are what define the modern Australian consumer." The third trend relates to what McCrindle referred to as the "grandparent economy". "The baby boomers ...

New life insurance regulations rolled out

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
Assistant treasurer and minister for financial services Stephen Jones has issued life insurance regulations that aim to modernise the legislative framework. The Life Insurance Regulations 2024 establishes a threshold for annuities, dictating that the ...

Rest invests in agriculture fund

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024
... helping to build a more sustainable future," Weier said. "The allocation provides exposure to initiatives at the forefront of modern agriculture and opportunities that address the growing need for environmental plantings and natural assets." Sustainable ...

Actively managed, ESG funds top 2023 outflows

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... are once again in the ascendency, bringing more pressure on fees, at a time when investors are demanding faster and more modern investment experiences," Calastone head of Australia and New Zealand Marsha Lee said. Over the last five years, passive fund ...

Greg Combet to succeed Peter Costello as Future Fund chair

ANDREW MCKEAN  |  MONDAY, 29 JAN 2024
Net Zero Economy Agency chair Greg Combet is set to replace Peter Costello as chair of the Future Fund, commencing mid-year. At a press conference in Canberra, treasurer Jim Chalmers said the appointment of Combet, who only recently relinquished his ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
... sensible period of regulator-only enforcement. We trust ASIC to take action based on the public interest." Much like the Modern Slavery Act, the government will conduct a review of climate disclosure requirements 2028-29. The review will be led by Treasury ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
In its final response to the Quality of Advice Review (QAR), the government plans to modernise the best interests duty and amend the Statement of Advice (SoA), while also granting approval for superannuation funds to provide personal advice. In its ...

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
New modelling by the Super Members Council (SMC) reveals payday super could add up to $36,000 to the retirement balance of workers in the lowest 20% of wage earners. A recent SMC analysis of an Australian Taxation Office sample file has found that on ...

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
The Reserve Bank of Australia (RBA) has selected Bank of England (BoE) executive Andrew Hauser as its new deputy governor and as a member of the Reserve Bank board. Hauser is set to begin his five-year term in January, bringing with him over three decades ...