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Showing 381 - 390 of 6868 results for "Economy"

Chalmers unveils new superannuation reforms

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... are estimated to increase from 2.4% of GDP to 5.6% of GDP, and this is part of the big demographic shifts shaping our economy, which we identified in our intergenerational report." Chalmers said the new package of reforms will help give retirees peace ...

QIC backs Virescent Ventures

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
... investments that help transition the world to net zero. The portfolio spans clean energy, sustainable agriculture, circular economy, and smart cities. The firm invests in pre-seed to growth stages, with a focus on maximising emissions reduction and commercial ...

Intergenerational wealth picture 'bleak': Grattan

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... wealth, the intergenerational picture is pretty bleak," she said. "From the perspective of ensuring that the benefits of the economy are broadly shared across the population, this wealth disparity is especially troubling." Grattan's analysis has shown ...

Chalmers teases superannuation update

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... it comes to getting inflation down and wages up and rolling out cost-of-living help at the same time as we reform our economy for the future. "We will have more to say - Stephen and I - later in the week around superannuation and the retirement phase ...

Macquarie offloads airports in $3bn deal

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... passengers annually, Macquarie said. They contribute approximately $3.91 billion (£2 billion) in gross value to the UK economy per year and support more than 30,000 jobs. AGS Airports was established as a 50:50 joint-venture between Macquarie and Ferrovial ...

UK to follow Australia's lead in creating megafunds

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... changes as each Administering Authority will be required to specify a target for the pool's investment in their local economy, working in partnership with Local and Mayoral Combined Authorities to identify the best opportunities to support local growth. ...

Fiji super fund picks Northern Trust for custody

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... established over 50 years ago, has about $6.5 billion in assets as at June 2023. It is a major investor in the local Fiji economy and one of the country's largest property owners, including owning many hotels and resorts in the island nation. It marks ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
Commonwealth Bank (CBA) chief executive Matt Comyn painted a positive picture for the Australian economy, despite ongoing cost-of-living pressures. Comyn said high interest rates are doing the job of bringing inflation under control, but the pace of ...

RBA seeks input on CBDC research project

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
... here is to help address the larger question of how innovation in our financial system can best support the Australian economy in the digital age." Responses to the consultation paper must be received by Wednesday, December 11. In July 2022, the RBA and ...

ANZ profit slides, cuts dividend

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... corporate customers with advanced transaction banking services," Elliott said. "In what is a challenging period for the global economy, we managed the bank prudently with sound levels of credit provisions, liquidity, and funding. "Higher interest rates ...