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FEATURE: Re-imagining Australia's financial future

STAFF WRITERS  |  THURSDAY, 24 APR 2014
With the deadline now closed for submissions to the Financial System Inquiry, the first investigation into the sector in 16 years, Financial Standard investigates the big themes, the surprises and what has been missed amongst the more than 250 publicly ...

Risk management top concern for sovereign wealth funds

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
The majority of sovereign wealth funds and central banks globally have said risk management is a major concern, according to a recent survey carried out by State Street Corporation. The 'New Horizons for Official Institutions' report, released today ...

Baird premiership represents infra opportunity: ISA

JAMES FERNYHOUGH  |  TUESDAY, 22 APR 2014
Industry Super Australia (ISA) has welcomed Mike Baird's rise to the role of New South Wales premier, saying it represents a "major opportunity" to progress infrastructure projects in the state. ISA, which lobbies on behalf of five of Australia's largest ...

CBA exec joins Future2 board

LAURA MILLAN  |  TUESDAY, 22 APR 2014
Commonwealth Bank (CBA) executive general manager of advice has joined the board of the Future2 Foundation. Marianne Perkovic was elected Future2 board director and trustee for a three year term at a recent board meeting. The Future2 board now has nine ...

APEC releases Asian Funds Passport discussion paper

JAMES FERNYHOUGH  |  THURSDAY, 17 APR 2014
The federal government, with Asia-Pacific Economic Cooperation (APEC), has released a consultation paper on the Asia Region Funds Passport. The paper was authored by the passport working group, which includes Australia, South Korea, New Zealand, the ...

Challenger backs $4bn global infrastructure business

LAURA MILLAN  |  THURSDAY, 17 APR 2014
Challenger and Access Capital Advisers (ACA) are set to merge their infrastructure investment operations into a $4 billion boutique infrastructure business called Whitehelm Capital. The new business will start operating on July 1, 2014, with 48 employees ...

Knight Janet

BENJAMIN ONG  |  THURSDAY, 17 APR 2014
"...like a knight in shining armour From a long time ago Just in time I will save the day..." - Glory of Love 'Twas a yahoo day on Wall Street overnight not only because of the 6.3% rally in Yahoo, Inc's share price - on better than predicted revenue ...

Technology now about connectivity not just firepower

ALEX DUNNIN  |  TUESDAY, 15 APR 2014
Rapidly changing technology isn't a threat to financial services operators, it's just the continuation of long term trends that have always confronted the sector, said global financial services technology specialist Advent. Illustrating how far technology ...

Bouncy bouncy

BENJAMIN ONG  |  TUESDAY, 15 APR 2014
Thank goodness for small mercies. Good Friday came a bit early for me after one gentle reader crucified me and my take on Dr. Marc Faber's uber bearish prediction that a "1987-style crash" is nigh... again! Read all about my early crucifixion here ...

Market wrap

AAP  |  MONDAY, 14 APR 2014
The share market is lower as traders take a cautious approach ahead of the US corporate reporting season, and amid instability in Ukraine. America's biggest bank, JP Morgan, missed its profit estimates by almost four per cent last week, which has prompted ...