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| | | 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 ... |
| | | | AustralianSuper's head of member products, guidance and advice has been promoted to general manager of retirement. This a larger role for Shane Hancock who has been responsible for all superannuation, insurance, and retirement products since 2022. ... |
| | | | EQT Holdings Limited (Equity Trustees) has completed the integration of Australian Executor Trustees Limited (AET). The completion was marked by the conclusion of the Transition Service Agreement that Equity Trustees had in place with Insignia Financial ... |
| | | | An independent review by Deloitte has found little evidence to suggest Cbus' pricey relationship with the CFMEU is in the best financial interests of members. It also found the fund's processes for determining the propriety of board directors ... |
| | | | BlackRock is set to acquire credit manager HPS Investment Partners for US$12 billion, creating a US$220 billion franchise. Under the deal, the two entities will create a new private financing solutions business, to be led by HPS chief executive Scott ... |
| | | | Alan Oster will retire from NAB as chief economist after 32 years in the role, with Sally Auld set to replace him. Oster, who will finish at NAB at the end of March 2025, joined NAB in 1992 and built a respected economics function, the bank said. NAB ... |
| | | | After six months in the fund's top job, Raelene Seales has bolstered the executive leadership by hiring four new executives and promoting two staffers from within. Having reshaped Prime Super's operations and structure, her immediate priority ... |
| | | | The Australian Prudential Regulation Authority (APRA) released its quarterly superannuation performance publication and quarterly MySuper statistics report for the September quarter, showing superannuation assets have passed the $4 trillion mark. Total ... |
| | | | Hostplus and Charter Hall have again extended their offer period to take over Hotel Property Investments (HPI), which pleaded with shareholders to reject the "cheap" and "half-empty" deal. HPI told shareholders that "$3.785 will be lucky to buy you ... |
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