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Showing 5051 - 5060 of 22133 results for "Tim"

Chief economist update: It's raining jobs

BENJAMIN ONG  |  FRIDAY, 18 JUN 2021
"It's raining men! Hallelujah! It's raining men!" -The Weather Girls Australian 'men' (and women) at work' that is. According to the Australian Bureau of Statistics' (ABS): "Employment increased by 115,000 people in May, following the 31,000 ...

Your Future, Your Super passes

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
The Your Future, Your Super reforms were passed in the Senate today. One Nation and Jackie Lambie voted with the government in favour of the bill, while Labor and the Greens objected to it. However, an amendment was passed which will delay benchmarking ...

Aussie PE, VC assets hit milestone

KARREN VERGARA  |  THURSDAY, 17 JUN 2021
Australian private equity and venture capital firms' assets reached a record high of $18.4 billion (US$14bn), according to new research. The Alternative Assets in Asia-Pacific report compiled by Preqin saw a 20% jump in the total capital raised ...

More super tax concessions on table

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
The Treasury Laws Amendment (More Flexible Superannuation) Bill was debated in the Senate today, with an amendment suggested by Senator Pauline Hanson. Hanson and her One Nation colleagues circulated an amendment that would see people over the age of ...

Future Generation announces chief executive

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
Geoff Wilson's Future Generation companies, the social conscious listed investment companies, has announced its new chief executive - hiring from UBS. Caroline Gurney, former managing director of marketing and communications for UBS, has stepped ...

Chief economist update: The (dot) plot thickens

BENJAMIN ONG  |  THURSDAY, 17 JUN 2021
The Fed has spoken and Wall Street didn't like what it heard and saw (in the dot plots). US equities painted the board red, with all benchmark indices closing on the down low, while yields on 10-year US Treasuries went on the up and up. This is ...

Calls for Royal Commission into housing

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
Researchers from the University of New South Wales have issued an alarming report on the state of the Australian housing market, referring to it as a "beast" that is "rampaging through the economy". The researchers are calling for a Royal Commission ...

IOOF completes phase one of platform consolidation

KARREN VERGARA  |  WEDNESDAY, 16 JUN 2021
IOOF Holdings has completed the first phase of consolidating its legacy platforms and products onto Evolve, its new super and investments platform. The project saw 38,827 client accounts and about $5 billion funds under administration (FUA) being migrated ...

Goodments by Douugh now in Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
US-based investing app Goodments by Douugh is now available in Australia, offering brokerage-free access to US stocks and ETFs. Goodments was founded in 2017 by former ANZ financial adviser Tom Culver and then-Leo Burnett advertising executive Emily ...

Maine forces pension funds to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUN 2021
The state of Maine has become the first in the United States to pass legislation forcing its pension fund to divest fossil fuels. Last week, Maine passed bill LD99; an act to require the state to divest itself of assets invested in the fossil fuel industry. ...