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| | Inflation declined to 4.3% in the year to November 2023, easing from 4.9% in October. The latest data from the Australian Bureau of Statistics (ABS) found that the rising costs of housing (up 6.6%), food and non-alcoholic beverages (up 4.6%), insurance ... |
| | | Australian Retirement Trust (ART) has named chief executive Bernard Reilly's successor, assuming the top job in March 2024. David Anderson will take over as chief executive of ART next year, following 25 years at Mercer both in Australia and abroad. ... |
| | | ... healthcare sectors are the most popular sectors for 2024; among different age groups, technology dominated investor preferences, except for Baby Boomers who favour resources. Conversely, ESG ETFs won't attract investment from 74% of respondents in 2024. ... |
| | | Former Latitude Financial and Australia Post boss Ahmed Fahour joins the luxury developer as its new chief executive. In a surprise announcement, Gurner Group announced that Fahour would be leading its strategic growth in real estate, funds management ... |
| | | IFM Investors appointed a global head of product strategy and innovation, effective December 4. Today, the $215 billion global investment manager announced that Rekha Misra stepped into the role. Misra brings over two decades experience in the asset ... |
| | | 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 ... |
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