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Showing 521 - 530 of 4817 results for "Big 4"

Latest AFCA data shows big shifts in complaints

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUL 2022
In the realm of investments and advice, the number of complaints made to the Australian Financial Complaints Authority over the interpretation of product terms and conditions increased more than six-fold last financial year, while complaints about inappropriate ...

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
ANZ's proposed takeover of Suncorp's banking division has generated varying industry speculation. The Australian Competition and Consumer Commission (ACCC) has raised concerns around the deal and announced plans to commence a review of the acquisition ...

Pearler raises $7.8m to continue growth

CHLOE WALKER  |  TUESDAY, 19 JUL 2022
The one-year-old retail trading platform has successfully closed a seed funding round led by Portage Ventures, a global fintech investor. Australian venture capital firms Archangel Ventures and Ten13 also participated in the round. The funding will ...

Aussies don't need so much in retirement savings: SCA

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... joint savings plus Age Pension, while those wanting to spend $2462 ($64,000) will need $402,000 and couples wanting to spend big - $3115 ($81,000) - will need $1,003,000. As for current retirees (aged 65-69), individuals looking to spend $1115 a fortnight ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
Labour costs have played an insignificant role in the recent increase in inflation, according to an Australia Institute analysis. While a plethora of market commentary has expressed concern that aggressive wage growth will elevate inflation levels ...

UniSuper revamps investment team

ELIZABETH FRY  |  FRIDAY, 1 JUL 2022
UniSuper investment chief John Pearce has revamped his investment team following the departure of its longtime head of Australian equities, Simon Hudson. Hudson, an industry stalwart, was hired 12 years ago from QIC when Pearce began to build the industry ...

Super trustees face rough seas ahead: Byres

ANDREW MCKEAN  |  FRIDAY, 24 JUN 2022
In a speech at the Trans-Tasman Business Circle 'Meet the regulators' event, APRA chair Wayne Byres said to expect the performance of super trustees to continue to be the subject of intense scrutiny. On APRA's latest priorities, Byres said ...

The big case for big data

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
Big data should be a natural pathway for the superannuation fund industry, according to investment strategy experts. A session at the Australian Institute of Superannuation Trustees ASI Conference revealed the many benefits of data backed science and ...

Don't forget the 'S' in ESG

CHLOE WALKER  |  WEDNESDAY, 15 JUN 2022
Integrating socially responsible investments into a super portfolio is not an inherent trade-off with members best financial interests, experts say. Appearing on a panel at the Australian Institute of Superannuation Trustees ASI Conference, Australian ...

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 ...