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Showing 51 - 60 of 6368 results for %22News%22

Lendlease, Daiwa House strike BTR deal

CHLOE WALKER  |  WEDNESDAY, 19 JUL 2023
... global relationship with Lendlease to deliver to the Melbourne community this quality build-to-rent opportunity." In other news, Lendlease has announced plans to cut about 740 jobs globally, or roughly 10% of its workforce. The bulk of the cuts will ...

Diversa loses key super fund mandate

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
... superannuation funds on Diversa's books has signed with a new trustee, in what the fund's described as "positive news." Future Super moved to Equity Trustees this month, dumping Diversa which has served as trustee since its launch in September ...

Waypoint REIT cops $27.1m devaluation

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... book values for the six months to 30 June 2023. However, after months of withdrawal limits, Blackstone shared some positive news and said June was the lowest month of repurchase requests so far this year. "In June 2023, BREIT received $3.8 billion in ...

Wage increases shouldn't equal rate hikes

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
... Reserve Bank of Australia (RBA) is looking to put the nail in the coffin of the Australian economy. In an interview with Sky News ahead of today's RBA meeting, Conroy dismissed speculation that wage growth should require a hike in rates. "Wages have ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... the balance in favour of pausing, which is our central case." When asked his opinion, Treasurer Jim Chalmer welcomed the news but added that inflation is still too high. "Inflation is certainly moderating in our economy and that's very welcome news," ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... and a commitment to keep the number of duplicate accounts below a certain threshold," ASIC said. However, it wasn't all bad news. ASIC found most trustees that were reviewed are contacting members about their multiple accounts before consolidating them ...

Asset managers ride the storm: Research

CHLOE WALKER  |  WEDNESDAY, 28 JUN 2023
... they remain differentiated from the crowd and that their strategic plans respond to industry trends and not simply to the news of the day."

More pension funds, insurers impacted by MOVEit mass-hack

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2023
... of New York notified the Attorney General of Maine that the information of 1.48 million customers was stolen. In some good news, the Sacramento County Employees' Retirement System said that while it uses the death audit services of Berwyn Group, which ...

Senate report labels PwC breach calculated, deliberate

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... 63 partners and staff involved in the scandal and that PwC cooperate fully with all investigations into the matter. Since news of the scandal broke, several superannuation funds have frozen their contracts with PwC, including AustralianSuper and HEST ...

Bravura chief executive to leave

CHLOE WALKER  |  MONDAY, 19 JUN 2023
... taking up the chair role on May 31. Russell had been acting as chair since March 31 when Neil Brokhuizen stepped down. The news comes after Roy led an $80 million restructure of the Bravura operating model, shifting some leadership roles. Roy said she ...