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Showing 951 - 960 of 4167 results for "Action"

Industry groups welcome Labor government

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
The Anthony Albanese-led Labor government has been congratulated on its election victory by the Insurance Council of Australia (ICA) and Association of Superannuation Funds of Australia. On the morning Albanese was sworn in as the 31 st prime minister ...

It's time to step up: Climate Council

CHLOE WALKER  |  MONDAY, 23 MAY 2022
... Council's chief executive Amanda McKenzie said that it is in Australia's economic and security interests to prioritise climate action. McKenzie added that Australians deserve a federal government that recognises the scale of the challenge before us ...

Crestone warns on economic challenges

CHLOE WALKER  |  MONDAY, 23 MAY 2022
... added that boosting wage growth without adding to inflationary pressures will be a difficult balance. Finally, on climate action: "The rise of the (often climate-aligned) independents and the Australian Greens, even if the ALP governs in its own right ...

APRA identifies NESS Super board deficiencies

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
... the NESS Super board is working with APRA to expedite the appointment of another director. NESS Super acknowledged the action taken by APRA. "As a profit-to-member super fund, NESS Super has the best financial interests of members as our core purpose. ...

ASIC outlines cybersecurity expectations

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
... obligations, including risk management," the regulator said. Failure to comply with such expectations could result in ASIC action and lead to significant penalties, it said. RI Advice was ordered to pay $750,000 towards ASIC's costs.

Northern Trust adds to local leadership

JAMIE WILLIAMSON  |  THURSDAY, 12 MAY 2022
Northern Trust has a new head of asset servicing operations for Australia, effective this month. Robert Poulter has taken on the role, promoted from the position of practice lead, payment operations. The role was previously held by Leon Stavrou who ...

IFM takes majority stake in Render Networks

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
IFM Investors' private equity growth fund has spent $40 million to acquire a majority stake in construction management platform Render Networks. The growth funds investment in Render Networks keeps with its strategy to accelerate the growth of mid-market ...

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
The Australian Institute of Superannuation Trustees has acknowledged the difficulty of implementing industry-wide rulesets and has released its future crisis contingency planning recommendations to APRA. In its submission, the AIST said the balance ...

Pension fund sues Elon Musk, Twitter

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
... Elon Musk over the latter's planned takeover of the social media platform. The Orlando Police Pension Fund filed a class action in the Delaware chancery court on Friday, alleging that Delaware law forbade a quick merger as Musk had discussed the move ...

Low wage growth a deliberate design feature: ACTU

ANDREW MCKEAN  |  TUESDAY, 3 MAY 2022
... report has blasted the Coalition government for the consistent entrenchment of low wage growth. The Morrison missing in action on wages report shows that over the entire term of the Morrison government, real wages have fallen by 2.3%. This is the first ...