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Former Hostplus investors tapped for VC fund

JAMIE WILLIAMSON  |  THURSDAY, 24 FEB 2022
... collaboration model, V-Ignite believes we can ignite the next wave of Victorian and Australian innovation." Victoria is currently home to more than 2000 startups with a valuation of about $10.5 billion, according to LaunchVic.

Cbus, Media Super set merger date

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
... exploring a merger in June 2020. More than a year later a successor fund transfer deed was signed. Once merged, Cbus will be home to about 847,000 members and $72 billion in assets.

International hiring spree: Robert Half

ELIZABETH MCARTHUR  |  TUESDAY, 22 FEB 2022
... or risk being eclipsed by local competition. "While focusing on competitive salaries is important, companies also need to home in on the motivations behind why professionals choose to relocate and offer tailored incentives to support their move. Candidates ...

Resolution Capital to list active ETF

JAMIE WILLIAMSON  |  MONDAY, 21 FEB 2022
From tomorrow, a new active ETF from Resolution Capital will represent the only actively managed portfolio of global listed property securities available on the ASX. The Resolution Capital Global Property Securities Fund ETF (ASX: RCAP) will list on ...

Vision Super adds to board

KARREN VERGARA  |  WEDNESDAY, 16 FEB 2022
Vision Super welcomed a new member of the board whose experience spans the private and public sectors. The industry super fund appointed Vijaya (VJ) Vaidyanath to its board on January 1. Vaidyanath is the former chief executive of the City of Yarra ...

Skill shortages hitting advice firms hard

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
... 90% of job seekers he sees at Profusion are looking for some flexibility, with most wanting at least some days working from home each week. To attract talent, employers are going to have to be open to this, Gordon suggested. He added that client service ...

Brookfield mulls spinning off AM business

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
Brookfield is considering its future, saying it may look to spin off its asset management business into a separate public company. In a letter to shareholders, Brookfield Asset Management chief executive Bruce Flatt said the firm is weighing whether ...

Foundation rolls out financial literacy program for students

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
... facilitators in person or via live virtual sessions. Talk Money covers financial concepts including talking about money at home and with friends, saving goals, spending, credit, debt, the digitalisation of money, and payment options. Older students will ...

CBA posts strong result, dividend

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 FEB 2022
... interim target payout ratio normalised for long run loan loss rates. Now that the bank is out of wealth, its core businesses of home lending, household deposits, business lending and business deposits were all up on the previous 12 months. Home lending ...

2021 lined homeowners' pockets: Data

JAMIE WILLIAMSON  |  THURSDAY, 3 FEB 2022
... accounted for half the 2021 wealth gain; rising at the fastest annual rate on record. Unfortunately, if you don't yet own a home, you weren't one of the lucky ones. "The sting in the tail with these upbeat investment results is that it shows ...