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Showing 5081 - 5090 of 29064 results for "PRI"

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
The Fair Work Commission has today announced a 5.2% increase to the minimum wage which will come into effect from July. The Fair Work Commission has announced that the new minimum wage will be $812.60 per week or $21.38 per hour. The commission panel ...

Super industry levies insufficiently detailed: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
In a submission to Treasury about the proposed financial institution's supervisory levies for 2022-2023, ASFA has called for a more detailed dissection of APRA's regulatory activities. The industry body said: "It's incumbent upon regulators to provide ...

HESTA names new chief growth officer

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
HESTA has promoted customer experience and insights leader Sam Harris to chief growth officer. Harris first joined HESTA in 2012 and has been a member of the fund's leadership team since 2015. Harris was later appointed head of insights and customer ...

ASX-listed manager acquires retail boutique

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
Teaminvest Private Group has acquired Burman Invest, the boutique founded by Julia Lee. Burman Invest was established in 2020 by Lee, who previously spent 11 years at Bell Direct. TIP Group has now acquired the equities boutique, adding greater capability ...

The first 30 years: Super's biggest changes

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
Choice of fund, shrinking investment horizons and the sheer size of the super industry have been pinpointed as the biggest changes of the last 30 years. In a panel discussion on day two of the Australian Institute of Superannuation Trustees ASI Conference ...

Cbus snares head of debt from Perpetual

ELIZABETH FRY  |  WEDNESDAY, 15 JUN 2022
Cbus Super has appointed Anne Moal as its first head of direct debt and illiquid credit as the $73.5 billion fund's debt portfolio hits over $1 billion. Reporting to head of debt and alternatives Linda Cunningham, Moal will have primary responsibility ...

Crypto companies halt withdrawals

ANDREW MCKEAN  |  TUESDAY, 14 JUN 2022
International cryptocurrency platforms Celsius and Binance temporarily suspended customer withdrawals. Yesterday, the world's largest crypto exchange, Binance, suspended withdrawals on the Bitcoin network. In a statement, Binance said: "This is ...

ASIC helps issuers avoid greenwashing

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
ASIC is helping product issuers avoid being accused of greenwashing, outlining exactly how not to market their offering. A new information sheet comes as demand for sustainable products continues to rise, causing a backlash in greenwashing. ASIC undertook ...

WAM Leaders, AEG to merge

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
WAM Leaders and Absolute Equity Performance Fund have agreed to merge, with WAM Leaders to acquire 100% of the latter. The announcement to shareholders said that under the scheme implementation, AEG shareholders will receive new WAM Leaders shares as ...

BGH raises Virtus offer

ANDREW MCKEAN  |  TUESDAY, 14 JUN 2022
BGH Capital has increased its offer to acquire all shares in Virtus Health. The private equity firm will offer shareholders $8.155 cash per share, up from its $8.15 offer made several weeks ago. The increased offer price will apply to all shareholders ...