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Australian economy "professionally managed": World Bank

MARK SMITH  |  WEDNESDAY, 17 JUL 2013
... restrictions on what action the central bank can take," Basu explained. "Unless structural problems are addressed within the next two years then there will be problems for the global economy." The Lisbon Treaty is an international agreement amending ...

OneVue strenghtens platform offering

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
... clients while existing clients will not be impacted unless they choose to transition. "Both investment packages will offer next generation transaction, administration and reporting services, with self-managed super fund integration," OneVue group head ...

Blue Sky invests $20m in Oak Tree retirement villages

MARK SMITH  |  WEDNESDAY, 17 JUL 2013
... more than 2,000 extra Independent Living Units (ILUs) throughout the six regional hubs where the group operates over the next five years. Oak Tree Group was founded in 2004 and currently owns and operates six retirement villages, with nine more in development. ...

Super funds need more women in senior roles: WIS

JAMES FERNYHOUGH  |  TUESDAY, 16 JUL 2013
... gender diversity. But in order to do this, they need to get their own backyard in order first," Wood said. "Targets are the next step for the super industry - we need to continue to lead on this issue and if funds want to deliver the best results for ...

TPB starts consultation on TASA

LAURA MILLAN  |  TUESDAY, 16 JUL 2013
... 2014. "The TPB has been consulting with industry and stakeholders on a number of issues and will continue to do so over the next 12 months to help prepare for this change," TPB chair Ian Taylor said. "This consultative approach will help the TPB understand ...

Limbo of uncertainty

BENJAMIN ONG  |  TUESDAY, 16 JUL 2013
... Only about a month ago, Goldman Sachs reduced its Australian 2013 growth forecasts to 2% (from 2.4%) and to 1.9% (from 2.7%) next year while at the same time warning of a 20% probability of a recession. There too was former RBA governor Bernie Fraser ...

Workers should track down super when changing jobs

LAURA MILLAN  |  MONDAY, 15 JUL 2013
... fund," he said. Philpot said that all super fund members should receive a statement about their superannuation fund in the next few weeks from each of the funds they are in. "Anyone who left their job last financial year (2013) and who also changed their ...

Designer slowdown

BENJAMIN ONG  |  MONDAY, 15 JUL 2013
... Premier Li Kequiang preach to all and sundry that they've changed their predecessors' growth target from 7.5% to 7.0% over the next five years - they've done so many, many times since they assumed command - backed by the People's Bank of China. And command ...

Perth broker gets 3 year ban for falsifying documents

LAURA MILLAN  |  FRIDAY, 12 JUL 2013
... totaling almost $366,000. ASIC said that Schmelzkopf may not be a fit and proper person to engage in credit activities for the next three years. As a result of its investigation, ASIC required the entity through which Schmelzkopf operated to engage an ...

Property fund veteran Wist joins Hadley Green

MARK SMITH  |  FRIDAY, 12 JUL 2013
... Hadley Green's senior management team," Hadley Green executive director Hugh Zochling said. "He will play a key role in the next phase of development in our rapidly growing property funds business." The Hadley Green Investment Group (HGIG) is a Sydney ...