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More Aussies anticipate renting in retirement: Vanguard

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
An increasing number of Australians expect to be paying off a mortgage or forced to rent in retirement, according to the latest Vanguard How Australia Retires survey. Vanguard Australia managing director Daniel Shrimski said after working hard and saving ...

Innova backs using leverage in super for housing

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... inheritance have been effectively locked out of the property market, without the funds to be able to afford a deposit for a home or maintain a mortgage," he said. "This has deep implications across society. Younger Australians are in desperate need of ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... environment uncertainties facing central banks everywhere are unusually elevated. Some of that uncertainty can be sheeted home to the unique nature of any recovery following on from the pandemic." Miller said the most likely scenario is an extended pause ...

Ausbil executive departs after 23 years

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... chief executive Mark Knight said. "Australian equities are in great shape and we're ambitious for our global funds both at home and abroad. We'll maintain a steady, methodical approach to everything we do."

Brighter Super awards custody mandate

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... Super is the result of a merger between LGIAsuper and Energy Super, as well as the acquisition of Suncorp Super. The fund is home to 230,000 members and is the fourth-largest non-government financial institution in Queensland. Brighter Super chief executive ...

Macquarie AM bags top manager gong

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... taken out the top prize at this year's Investment Leadership Awards. This is the fifth time that Macquarie AM has taken home the Investment Manager of the Year Award since 2018, which was awarded at Financial Standard's annual MAX Awards held ...

Annual MAX Awards celebrates best in industry

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
... celebration and we commend them for their hard work and successes," she said. Some of the winners included Betashares, which took home two awards. La Trobe Financial also took home two gongs, winning Marketing Campaign of the Year - industry, and its ...

QIC adds to streak of venture capital investments

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
... the deal was aimed at bridging the identified early-stage funding gap for startups to scale from Queensland. "Sprint is a home-grown Queensland firm that invests across a number of important thematics for Queensland innovation, including healthtech ...

Who is the highest paid S&P500 company chief?

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... from 2022. Out of the 341 chief executives, only 25 or 7% are women, growing by five from last year's study. Women took home a median pay package of US$17.6 million in 2023. Lisa T. Su, the lead for another semiconductor company Advanced Micro Devices ...

Retiree dilemma: Supporting children or preserving lifestyle?

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
... mostly unwilling to compromise their retirement lifestyle to offer financial assistance. Their strong attachment to the family home also makes them reluctant to downsize to free up funds to help their children. Retirees, however, are willing to support ...