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Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
Homeownership rates have plummeted, but unions and industry groups have had a negative response to Scott Morrison's last-ditch pitch to 'aspirational Australians'. Morrison has said that supporting first home buyers is a key part of his government's ...

Good isn't good enough for the super system: Byres

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... initially praised the national $3.5 trillion pool of superannuation savings as a wonderful asset, Byres later expressed his view that too many trustees continue to underperform. "We still have too many trustees that could do better - including, in some ...

Super Guarantee increases now ironclad

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... adequate retirement savings, which is why our super system needs to be strengthened and protected, not undermined." Of a similar view, the Association of Superannuation Funds of Australia (ASFA) said that lifting the SG to 12% is critical. The association ...

CEW push for more women leaders

MICHELLE BALTAZAR  |  FRIDAY, 13 MAY 2022
In one of the largest industry events since the pandemic began, more than 1300 guests, including financial services heavyweights, gathered at the International Convention Centre in Sydney this week for the annual Chief Executive Women (CEW) fundraiser. ...

Integrated Portfolio Solutions offers Private Markets solution

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
... access is then integrated into our portfolio administration and reporting service which provides a single total portfolio view and has all the benefits of a platform without the restrictions," Jeremy Ellis, IPS's head of Private Markets, said. "By enabling ...

Senator Bragg defends domestic crypto ETFs

ANDREW MCKEAN  |  THURSDAY, 5 MAY 2022
... continued: "As we've discussed, the Parliament has done a good deal of work on digital assets and cryptocurrency. My strong view is there are benefits to Australia and its people from adopting digital assets." "But I do not want our regulator or quasi-monopoly ...

ANZ stablecoin amplifies changing operating models

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... the money supply. We're just enabling a transaction to occur in a venue that is new from an operating model point of view but not necessarily very new from a business model point of view." Bluenotes denoted ANZ's digital asset strategy as not ...

Australian Retirement Trust confirms new HQ

CHLOE WALKER  |  TUESDAY, 3 MAY 2022
Australian Retirement Trust has secured a new headquarters at 266 George St, Brisbane Square. From late 2022, Australian Retirement Trust will occupy the top floors of the building owned by Charter Hall's Brisbane Square Wholesale Fund (BSWF) and the ...

RBA weighs controversial pre-election rate rise

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... to see the wages figures to be absolutely convinced that inflation will now be 'sustainably' on target. Bloxham said: "Our view is 60/40 in favour of the RBA holding steady in May. Our central case sees a 40bp hike to 0.50% in June." "Beyond that, we ...

Principal Financial Group announces ESG index

CHLOE WALKER  |  FRIDAY, 22 APR 2022
... recover from crises, as well as build for the future. "Our Global Financial Inclusion Index will provide a clear, measurable view of financial inclusion so we can influence change and help more people and businesses have greater access to financial security." ...