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Showing 791 - 800 of 5157 results for "rest"

Tattarang buys Australia's first Waldorf Astoria

CHLOE WALKER  |  THURSDAY, 23 FEB 2023
Fiveight, the property arm of the Forrests' investment vehicle Tattarang, has acquired the planned high-end Waldorf Astoria hotel at Sydney's Circular Quay precinct. Purchased from Lendlease and its joint venture partner Mitsubishi Estate Asia, the ...

Dataset to ease policy planning for ageing population

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... market. In 2022, Australian workers with a postgraduate degree typically retired at over 67 years old, much later than the rest of the labour force. Meanwhile, those with a bachelor degree - typically face-to-face professions like teaching - are expected ...

Link Group secures mandate renewal

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
Marking more than three decades in partnership, Rest has flagged it will likely extend its mandate with Link Group, under a new agreement that includes the creation of a joint digital innovation team. Link has been providing administration and other ...

Industry fund joins the million-member club

ANDREW MCKEAN  |  THURSDAY, 16 FEB 2023
... three-year strategic plan. AustralianSuper was the first fund to have one million members, reaching milestone in 2012. Since then, Rest, Hostplus, and Aware Super have crossed this membership threshold. HESTA chief executive Debby Blakey said: "Our continued ...

New chief for Queensland Treasury Corp

ELIZABETH FRY  |  MONDAY, 13 FEB 2023
Leon Allen has been named chief executive of Queensland Treasury Corporation. Announcing the appointment, Treasurer Cameron Dick said Allen's experience in Queensland and internationally made him the ideal candidate to lead the financing arm for ...

Rest welcomes super heavyweights

ELIZABETH FRY  |  FRIDAY, 10 FEB 2023
Rest, the industry fund for retail employees has further strengthened its investment team by appointing two high-profile investment professionals. Spirit Super general manager strategy and risk Paul Docherty has arrived as head of portfolio construction ...

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
Superannuation funds could soon break free from the shackles of intra-fund advice but financial advisers aren't happy about it. The Quality of Advice Review proposal (QAR) sitting before Treasury would give super funds the green light to provide ...

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
... threshold also needs to be increased to ensure no Australian pays more tax on their super contributions than they pay on the rest of their wages. We believe the LISTO rate should be automatically adjusted in line with changes to income tax thresholds ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
The Reserve Bank of Australia (RBA) has hiked interest rates to 3.35%, signalling that there are more rate rises ahead. Despite moderating global inflation, high CPI inflation in Australia (7.8%), driven by both domestic demand and global factors, remains ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
True to her word, Quality of Advice Review chair Michelle Levy's final report contains few surprises, however her recommendations include the introduction of both a Good Advice Duty and a Statutory Best Interests Duty. The 267-page final report ...