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Showing 5331 - 5340 of 21770 results for "Dec"

Infrastructure investment builds to $170bn

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
The government has announced a $110 billion infrastructure project pipeline to help fuel the post COVID-19 economic stimulus, and it's not just concrete and steel. Billed as one of the budget's cornerstone commitments, the government will spend an extra ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
Buried deep within budget documents are several steps the government will take to further boost our financial system, including greater powers for regulators and $11.2 million to enhance super fund member outcomes. While far from the headline measures ...

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
After the shock of the Early Release of Superannuation scheme's COVID-19 amendment, the superannuation sector can breathe a sigh of relief that government hasn't introduced a mechanism to allow members to divert their super savings into a deposit on ...

Rest offers extra parental leave

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
Rest has increased its parental leave for employees who work full time or part time. Eligible employees can now claim 16 weeks of paid parental leave instead of the 14 weeks previously available can be taken flexibly during a 12-month period. Rest chief ...

Rest executive to retire, GM appointed

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
As its group executive, people, finance and change prepares to retire, the $62 billion industry fund is welcoming a new general manager and recruiting for its first chief financial officer. Trevor Evans is set to retire from the group executive role ...

Statewide not contesting ASIC allegations

KANIKA SOOD  |  MONDAY, 10 MAY 2021
The $10.8 billion industry fund will not contest ASIC's March allegations against the fund regarding administration of group insurance policies. O n March 4, the corporate regulator commenced civil penalty proceedings against Statewide alleging it had ...

CBA launches JV for institutional tool

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
Commonwealth Bank has launched a joint venture with Quantium to create a tool for institutional clients to receive greater data insights to deliver better services for their clients. CommBank iQ will combine Australia's largest pool of transaction data ...

Research firm launches, hires Macquarie exec

KARREN VERGARA  |  MONDAY, 10 MAY 2021
A global fund manager research and benchmarking firm has launched in Australia, appointing a former Macquarie Group executive to lead the business. David Goodman is the new managing director of Inalytics for the Asia Pacific region. Goodman was most ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
Wall Street benchmark equity indices closed on the up and up on May 7 - the Dow and the S&P 500 index even rallied new record highs -- the same day the US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added ...

Housing market reaches new heights

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
The residential real estate market in Australia is estimated to have surged above $8 trillion, new analysis from CoreLogic shows. The housing market now stands at $8.1 trillion with the increase in value following capital gains in real estate markets ...