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Chief economist update: Victoria's victory

BENJAMIN ONG  |  TUESDAY, 27 OCT 2020
"This day belongs to every single Victorian, every single Victorian who has followed the rules, stayed the course, worked with me and my team, to bring this second wave to an end." This was what state premier Dan Andrews told all Victorians and the ...

Hostplus invests in vegan meat, sustainability

ANNABELLE DICKSON  |  THURSDAY, 22 OCT 2020
... Goals," Hostplus said. The fund has also invested in Australian medical technology company Vaxxas that has designed a needle-free vaccine in the form of a patch. It intends on reducing the cost of shipping temperature dependant vaccines. The allocation ...

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
... together. China, or any other "cleared" country, cannot afford to let its guard down for any nation would never be totally virus-free until all nations are.

RIAA, AXA IM launch adviser ESG guide

ANNABELLE DICKSON  |  THURSDAY, 15 OCT 2020
... according to AXA Investment Managers and Responsible Investment Association Australasia (RIAA). RIAA and AXA IM have launched a free publication - The Financial Adviser Guide to Responsible Investment to demystify responsible and ethical investment for ...

ISA calls for super tax reform

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... add tens of thousands of dollars to the retirement savings of more than 700,000 women. "The LISTO was aligned with the tax-free threshold and 19% tax bracket and matches superannuation guarantee contributions - but the tax cuts have moved those brackets ...

Hostplus freezes premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
As life insurance premiums continue to soar, industry fund Hostplus has managed to negotiate a premium freeze for members. The $48 billion super fund has secured a three-year freeze, which will maintain the current rate of death and total and permanent ...

CBA executive pay voted in

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
Commonwealth Bank shareholders have voted for the adoption of the remuneration report and the grant of securities to the chief executive in the annual general meeting. In the annual general meeting, 78.54% of shareholders proxy voted in favour for the ...

Consortium eyes Link Group

KARREN VERGARA  |  TUESDAY, 13 OCT 2020
Two private equity firms are spearheading a takeover of Link Group to acquire 100% of the ASX-listed administrator. The consortium led by Pacific Equity Partners and Carlyle Group is offering $5.20 per share via a scheme of arrangement. Perpetual, which ...

Bravura to make $41m acquisition

ELIZA BAVIN  |  MONDAY, 12 OCT 2020
Bravura Solutions has announced the acquisition of a UK software company for $41.5 million. Bravura will acquire Delta Financial Systems for $41.5 million, complementing its core Sonata offering and broadening its products and services. Delta is a UK ...

Brisbane Mater acquired for $122.5m

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
Mater Misericordiae, Queensland's largest Catholic, not-for-profit hospital, has been acquired by Charter Hall Social Infrastructure REIT for $122.5 million. The Charter Hall Social Infrastructure REIT (CQE) announced it had entered into an agreement ...