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Showing 611 - 620 of 3397 results for "ABS"

Chief economist update: What a difference an Australian year makes

BENJAMIN ONG  |  MONDAY, 22 MAR 2021
... jobs in the Australian economy than there were before the pandemic." True that. The latest Australian Bureau of Statistics (ABS) 'Labour Force' report shows total employment increased by 88.7K heads to 13,006,900 workers in February 2021.While ...

Chester eyes ASIC chair role

KARREN VERGARA  |  FRIDAY, 19 MAR 2021
ASIC deputy chair Karen Chester has confirmed that she wants to be considered for the role as chair of the corporate regulator, taking over from James Shipton who will step down as soon as the right candidate is announced. A Senate Parliamentary Joint ...

Active funds quell passive flows

KARREN VERGARA  |  FRIDAY, 19 MAR 2021
Active fund managers still have a stronghold of the funds management landscape over passive strategies, overseeing US$2 out of every US$3, a new report finds. Calastone's latest research found that in Australia, inflows to active funds surged in ...

Cbus awards $240m mandate

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
The $60 billion industry super fund for the construction and building sectors has announced a new $240 million mandate. Impax Asset Management has been awarded the mandate in a move focused on investing in opportunities arising from the transition away ...

Frontier hires from Cbus

KANIKA SOOD  |  WEDNESDAY, 17 MAR 2021
Frontier has hired a senior portfolio manager from Cbus to lead its alternatives and derivatives team. Scott Pappas was most recently at Cbus as a senior portfolio manager in absolute return strategies. Prior to this, he worked as a part of Vanguard's ...

Banks still failing customers after Royal Commission

ELIZA BAVIN  |  TUESDAY, 16 MAR 2021
... to do what it was created to do - temper the influence of lobbyists and make sure Australians are put first." Kirkland said ABS data has shown that mortgage lending it at an all-time high, so many more Australians could be at risk. "Right now, ABS data ...

Court makes orders in ASIC versus TAL

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
The Federal Court yesterday made orders in ASIC's December 2019 case against TAL, which stems from a Royal Commission case study. The matter relates to a TAL income protection customer, who in January 2014 made a claim on her policy after being ...

Mainstream to be acquired for $170m

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
Mainstream has announced it entered a scheme of implementation deed with Vistra to acquire 100% of the company for an implied value of $170 million. The offer of $1.20 per share represents a 300% increase over Mainstream's share price at IPO in October ...

NGS strengthens ESG, ups fees

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
NGS Super, the $12 billion industry fund for non-government schools, has strengthened the exclusions in its socially responsible investment option and increased fees. The fund notified members that new exclusions will be applied to its Socially Responsible ...

Chief economist update: The great Australian rebound

BENJAMIN ONG  |  THURSDAY, 4 MAR 2021
... will forever be etched in this lucky country's - and the world's - history. The Australian Bureau of Statistics' (ABS) National Accounts show the Australian economy expanded by 3.1% in the December 2020 quarter, a bit slower than the upwardly ...