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Showing 371 - 380 of 3927 results for "November"

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... RBA's sentiment, Commonwealth Bank of Australia (CBA) head of Australian economics Gareth Aird held his prediction for a November cut. "The overall message out of the RBA was a little more hawkish than we anticipated. But given the RBA is highly data ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... that the interest rates are restrictive enough in Australia, and the next move by the RBA could very likely be a cut in November 2024," Bhimavarapu said. "We think a rate hike at this stage is less likely and could tip the economy into a deeper downturn." ...

CareSuper, Spirit Super take final steps towards merger

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
CareSuper and Spirit Super will merge on November 1, with the new executive lineup and new name confirmed. The merged fund, which will retain the CareSuper name, will be home to some 572,000 members and $52 billion in funds under management. "While ...

NGS Super refreshes investment team, promotes three

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
... revamped ESG and investment governance teams which have been combined under her leadership. She has been with the fund since November 2018, working in senior investment governance, and ESG and responsible investment roles. Prior to NGS Super, King worked ...

DG Institute to pay near $20m for misleading courses

MATTHEW WAI  |  WEDNESDAY, 24 JUL 2024
... equivalent amount to the course fees paid by more than 2100 students who enrolled in the MWC program between April 2017 and November 2022. The sole director of the institution, Dominique Grubisa, who is now disqualified from managing corporations for ...

OnePath Custodians fined $11m for MySuper failures

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... given in relation to the contributions." This was from mid-2022. The issue was first raised in December 2021. Then, in November 2022, additional licence conditions were placed on OnePath and other Insignia Financial super funds to address governance ...

Wealth managers rev up for Lifeline, Starlight

KARREN VERGARA  |  FRIDAY, 19 JUL 2024
... aim of raising $150,000 for Lifeline Australia and the Starlight Children's Foundation. The event will be held on November 24 at the Coolangatta Estate Winery in Shoalhaven Heads, New South Wales. The Berry Motorfair will continue its support for ...

Canned 'golden visas' ruffle fund managers

KARREN VERGARA  |  THURSDAY, 18 JUL 2024
... requirements for the Temporary Skill Shortage (subclass 482) visa from two years to one year for all applicants from 23 November 2024. KPMG Asia Pacific immigration leader Mark Wright told Financial Standard that depending on which direction the government ...

Equip Super returns 9.23% to members

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
... members, with this option returning an average of 8.19% p.a. over the past 15 years." The super fund said that since November 2023, buoyant equity markets, driven by expectations of rate cuts, enhanced returns. Equip Super's Retirement Income Account ...

TelstraSuper pumps more into renewables

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2024
... that look to support decarbonisation through the generation of renewable energy, energy efficiency, storage and more. In November last year, it received $1 billion from Rest. It has now received additional funding from TelstraSuper, which said the investment ...