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Showing 5271 - 5280 of 21770 results for "Dec"

NAB denies underpaying full-time workers

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
National Australia Bank is denying it underpaid full-time employees as part of its ongoing investigation into a payroll bungle, which to date has repaid $55 million. The Financial Sector Union has raised concerns that current and former full-time NAB ...

Chief economist update: China and Australia's interdependence

BENJAMIN ONG  |  WEDNESDAY, 26 MAY 2021
While China continues to ramp up its attempts to bring Australia to heel through rhetoric, threats and measures limiting/banning imports of Australian products - from barley to lobsters to wine - into its shores, China remains our top export market. ...

ASIC cancels AFSLs

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
The corporate regulator has cancelled the Australian financial services licences (AFSL) of two providers for failing to lodge audited financial accounts and failing to maintain an AFCA membership. Victorian-based financial services provider and mortgage ...

Super funds hunt for co-investment deals

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
Superannuation funds' appetite for alternative investments, particularly private equity and infrastructure, is heating up, new research shows. Joint research by Preqin and the Australian Investment Council reveal super funds are on the hunt for ...

Accessing super cements inequality: Report

ELIZABETH MCARTHUR  |  TUESDAY, 25 MAY 2021
A new report has assessed the impact of COVID-19 on low-income earners in Australia, with findings illustrating harm caused by the early release of super program. The Brotherhood of St Lawrence Shocks and Safety Nets report found that financial wellbeing ...

SS&C hits back for Mainstream

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
The bidding war for Mainstream is in full swing after SS&C has come back with a superior offer following a bid from Apex Group. SS&C has exercised its matching right and increased its offer to $2.66 cash per Mainstream share. The revised offer comes ...

Local Government Super rebrands, reduces fees

JAMIE WILLIAMSON  |  TUESDAY, 25 MAY 2021
As part of a broader strategy to grow the fund, Local Government Super has adopted a new name and cut some of its fees. Effective today, LGS will be known as Active Super; a name that "captures our long-standing active pursuit of investments that deliver ...

JANA appoints head of sustainability

KANIKA SOOD  |  MONDAY, 24 MAY 2021
JANA has hired Westpac's executive manager for risk for the newly created role of head of sustainability. Rachel Halpern will work closely with JANA's head of responsible investment Tim Conly, taking the team to six people, the firm said. Halpern will ...

Ironbark signs on Canadian manager

KANIKA SOOD  |  MONDAY, 24 MAY 2021
Ironbark Asset Management will distribute a Canadian manager's unlisted infrastructure fund to Australia and New Zealand Investors. Fiera Infrastructure's EagleCrest Infrastructure invests mid-market infrastructure assets in OECD countries. It is led ...

BUSSQ extends Link contract

ANNABELLE DICKSON  |  MONDAY, 24 MAY 2021
The $5.6 billion industry fund has extended its existing contract with Link Group for further five years as fund administrator. BUSSQ said Link won the tender again due to its continued commitment to technology that in turn improves the fund's 60,000 ...