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Retail funds blitz personal-balanced options

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
... product across most age cohorts, followed by CFS FirstChoice Employer, BT Lifestages, Mine Super and AMP Signature," the report read.

Hostplus announces board shakeup

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
... company's Maules Creek coal mine, for example, is one of Australia's most controversial mining projects," the online petition read. From today, the board has appointed David Attenborough and Craig Laundy as employer directors, Janet Whiting as ...

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
"They gathered for the feast They stab it with their steely knives, But they just can't kill the beast." - The Eagles, 'Hotel California' Only a few days after the Reserve Bank of Australia (RBA) kept monetary policy settings unchanged and ...

Chief economist update: Japan still waiting for the sun to rise

BENJAMIN ONG  |  MONDAY, 28 JUN 2021
... conditions to ongoing COVID-19 restrictions, coupled with severe supply chain pressures, notably for manufacturers," they read. The flash manufacturing output index returned to contraction, scoring 49.1 in June from the previous months' final reading ...

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
Financial advice regulatory reforms that include establishing one disciplinary body and giving ASIC greater powers over the industry are closer to becoming law. The minister for superannuation, financial services and the digital economy Jane Hume introduced ...

Industry split on paid vaccine leave

JAMIE WILLIAMSON  |  FRIDAY, 25 JUN 2021
The Finance Sector Union is petitioning for paid vaccination leave, saying employers can help ensure the community is safe from COVID-19. So, who is and who isn't on board? The FSU is calling for two days of paid leave to be offered to employees ...

Australia among the richest nations

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... high-income countries the loss of labor or business income was softened by emergency benefits and employment policies," the report read. Some government assistance in rich countries was so generous that disposable personal income rose overall. The US ...

Fidante readies new boutique

KANIKA SOOD  |  MONDAY, 21 JUN 2021
Challenger's multi-boutique business has signed a new emerging markets manager, Financial Standard understands. Ox Capital Management will invest in emerging markets securities, with Fidante as a shareholder and distribution and infrastructure provider. ...

Chief economist update: It's raining jobs

BENJAMIN ONG  |  FRIDAY, 18 JUN 2021
... higher than it was a year earlier. As per Westpac, "Jobs confidence' is still positive, the index was coming off its best read in a decade in May". But, as Ella Fiztgerald sings, "into each life some rain must fall". Australia's "jobs full" recovery ...

Aussie PE, VC assets hit milestone

KARREN VERGARA  |  THURSDAY, 17 JUN 2021
Australian private equity and venture capital firms' assets reached a record high of $18.4 billion (US$14bn), according to new research. The Alternative Assets in Asia-Pacific report compiled by Preqin saw a 20% jump in the total capital raised ...