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Clean energy strategies a gateway to long-term growth

ANDREW MCKEAN  |  TUESDAY, 18 MAR 2025
... the transition to clean energy as a growth opportunity. This comes despite fossil fuels remaining more profitable in the next few years. Willis head of natural resources for the Pacific Mathew Frost said in mining, 71% of companies ranked growth a driver ...

Ord Minnett poaches Perpetual advisers amid hiring spree

ANDREW MCKEAN  |  MONDAY, 17 MAR 2025
... meanwhile, said that while the firm is growing through established adviser recruitment, it remains committed to training the next generation of advisers via its Associate Adviser Program and Graduate Program, which are "in high demand." Now in its second ...

Deficit to reach $26bn: Deloitte

KARREN VERGARA  |  MONDAY, 17 MAR 2025
... is the largest slice of government revenue, will be a cumulative $3.5 billion higher than the official forecasts over the next four years. Any budget released just before an election would be expected to contain a 'cash splash' of campaign promises ...

Government releases draft payday super law

ANDREW MCKEAN  |  FRIDAY, 14 MAR 2025
... the objective of super," he said. The government has opened consultation on the draft legislation, with submissions closing next month. The Super Members Council (SMC) said payday super laws "will be a gamechanger." SMC chief executive Misha Schubert ...

MLC Life explores new market

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
... achieved together for our customers. "18 years of trying, failing and learning will undoubtedly come in handy as I embark on the next adventure."

Super funds to 'look more like insurers'

ELIZA BAVIN  |  THURSDAY, 13 MAR 2025
The type of software and platforms superannuation funds will need to handle the 'grey wave' over the course of the next decade may put pressure on existing systems, especially as super fund investments continue to broaden. Speaking at the AM Tech Day ...

HNW clients demand more non-custody assets: Study

KARREN VERGARA  |  WEDNESDAY, 12 MAR 2025
... HNW advisers predict that non-custody solutions will have either a growing or essential role in wealth management over the next three to five years. About 37% of advisers said their clients invested in alternative assets in the last 12 months. Such trends ...

ETF market dips but bright spots emerge

MATTHEW WAI  |  WEDNESDAY, 12 MAR 2025
... employed (ROCE) has risen from negative pre-pandemic levels to 9-11%. And if my analysis is right, it could double over the next three to five years as it gains scale and operating leverage," Mehta said. "While I do not suggest that these changes in ...

US equities face volatility as growth risks mount: Morgan Stanley

ANDREW MCKEAN  |  TUESDAY, 11 MAR 2025
... investment in artificial intelligence will create opportunities across multiple sectors and support market strength over the next year. "We tap into beneficiaries outside the tech sector. We see valuations for big tech backed by strong earnings, and ...

Gender parity in financial services an economic imperative

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... 42%). Of the 1.2 million investors entering the share market after 2020, half were women. Interestingly, the percentage of next-generation female investors rose from 9% in 2020 to 11% in 2023 - a small but positive move in the right direction. Fresh ...