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Showing 421 - 430 of 3396 results for "ABS"

ASIC suspends FTX Australia's licence

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
ASIC has suspended the Australian financial services licence of embattled crypto company FTX. FTX entered voluntary administration on November 11, and the AFSL is suspended until 15 May 2023. However, for the time being, FTX can continue to provide ...

Experts weigh in on Brookfield bid for Origin

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2022
Super funds and other shareholders could be in a position for a second time this year to approve a proposal to privatise an electricity provider, as Brookfield and MidOcean Energy bid to take over Origin Energy. Brookfield and MidOcean, an LNG company ...

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... starting with a "reasonably solid" business investment outlook. "Business investment plans for the year ahead remain strong. The ABS capital spending intentions survey is up about 15% on a year ago," Oliver explained. He said it's likely this partly ...

The future of defined contribution asset allocation

ANDREW MCKEAN  |  MONDAY, 7 NOV 2022
Strategy discussions around defined contribution workplace saving tend to focus on plan design and engagement but questions of asset allocation are also critical, according to a discussion summary of the most recent Jasper Forum. The Forum was led by ...

Rest revamps equities team

ELIZABETH FRY  |  FRIDAY, 4 NOV 2022
Industry superannuation fund Rest has restructured its listed assets team as it adopts a more holistic approach to investing its $66 billion in funds. As Rest continues to enhance its whole-of-fund investment style, it has realigned the team's roles ...

FPA membership declines, deficit materialises

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
The Financial Planning Association of Australia's (FPA) membership has fallen to 10,954 members from 11,811 last year, and the association has recorded a before-tax deficit of $1.2 million for the year ended June 30. FPA member numbers decreased ...

TCorp appoints real assets head

CHLOE WALKER  |  THURSDAY, 3 NOV 2022
James Murray has been appointed to head of real assets and private markets at TCorp. Having worked with TCorp since 2015, Murray previously held roles such as senior portfolio manager, diversified funds, defensive assets and credit, and acting head ...

Don't water down YFYS: Grattan Institute

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
Grattan Institute has warned the government against watering down the Your Future, Your Super reforms, saying it should instead focus on implementing the remaining recommendations of the Productivity Commission. In its submission, Grattan Institute ...

Jones progresses green finance standards

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2022
Assistant treasurer Stephen Jones committed to working with the finance industry to establish national standards for a green taxonomy that will define sustainable finance in Australia. Jones stopped short of committing to legislating the forthcoming ...

Challenger launches new alternatives fund

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
Challenger has launched the Challenger Solutions Liquid Alternatives Balanced Fund, seeking to deliver positive absolute returns in excess of the cash rate, regardless of the market environment. The fund is managed by Challenger's newly formed Solutions ...