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| | | The gender pay gap has hit a new low of 21.7%, largely driven by women working in senior management positions - except chief executive roles. According to the Workplace Gender Equality Agency's (WGEA) latest scorecard, which assessed 4.82 million ... |
| | | | As small financial institutions buckle under macroeconomic pressures, it is a fine balancing act to ensure that they don't suffer unnecessary regulatory burdens to avoid a similar scenario in the US with the collapse of regional banks, APRA says. ... |
| | | | The Securities and Exchange Commission (SEC) has charged Kraken Crypto Exchange for operating its trading platform as an unregistered securities exchange, broker, dealer, and clearing agency. According to the SEC, Kraken has made hundreds of millions ... |
| | | | ... Index illustrates that returns from institutional-grade farmland have exceeded 10% over all one-year periods since 2015, except for the period to March 2021. The Your Future, Your Super (YFYS) performance test is another investment impairment, as the ... |
| | | | Australian billionaire Michael Hintze has divested a significant portion of his multi-billion-dollar asset management firm to Canadian giant Manulife Investment Management. Under the acquisition, expected to close in early 2024, Manulife will own London-based ... |
| | | | Australia's major banks have achieved skyrocketing returns of $32.5 billion, up 14% from last year, driven by loan growth, margin expansion and the continued decline in notables. This year, profits exceeded the previous record set in 2017 at $31.2 ... |
| | | | Treasury has released long-awaited draft legislation to reduce administrative burdens of financial advisers but is missing key pieces, such as the elimination of the Best Interests Duty and the overhaul of the Statement of Advice (SoA). Released today ... |
| | | | The group has formed an origination partnership with Apollo Global Management, giving Challenger Life access to private global credit and alternative capabilities. Building upon its existing partnership, Challenger said the extended agreement grants ... |
| | | | The AEP Screen Fund has not been able to raise a single dollar due to the ongoing strike action in Hollywood, but GSFM chief executive Damien McIntyre is confident the money will pour in once a deal between actors and production companies is signed. ... |
| | | | After 17 months in the top job, David George has relinquished his positions as Magellan Financial Group chief executive and managing director, effective immediately. Magellan's board said it is the right moment to redirect their leadership and thanked ... |
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