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Showing 81 - 90 of 2103 results for "This Week"

RBA cut expected, but then what?

ELIZA BAVIN  |  FRIDAY, 16 MAY 2025
... economy have deteriorated since the April board meeting despite some better news on US and Chinese trade policy earlier this week. "Notwithstanding, at this juncture we think the board will continue to put more weight on the domestic flow of data rather ...

Former adviser accused of theft loses lengthy extradition fight

JAMIE WILLIAMSON  |  FRIDAY, 16 MAY 2025
... appeal in the High Court. A further two subsequent appeals were also unsuccessful. Seeking leave for an appeal again, this week the New Zealand Supreme Court dismissed her bid and, in doing so, the suppression order was lifted. The Court said, given ...

Coalition's super on PPL plan 'deeply worrying'

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
The Coalition has confirmed that it plans to make paying superannuation on Commonwealth Paid Parental Leav e (PPL) optional for working mothers, as a $158 million budget saving measure. The Coalition's election costings revealed several cost-saving ...

GROW Inc. names new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 1 MAY 2025
The super administrator welcomed its recruit this week, replacing inaugural chief and co-founder Matthew Keeley. John Banfield is now chief executive of GROW Inc., bringing an extensive knowledge of the technology and payments landscape. He was most ...

AustralianSuper says cyberattack losses total $750k

ELIZA BAVIN  |  MONDAY, 14 APR 2025
... act found a total of 10 members had a combined $750,000 transferred out of their accounts, which were fully reimbursed this week," AustralianSuper said late Friday. "These members have been offered expert and independent support through IDCARE, which ...

NAB forecasts 50bp rate cut in May

ELIZA BAVIN  |  THURSDAY, 10 APR 2025
... the Australian economy felt during the GFC and COVID." The Reserve Bank of New Zealand (RBNZ) reduced its cash rate this week, citing uncertainty surrounding the tariffs. "Against this backdrop, the recently announced increases in tariffs in the US ...

'Crises happen': Investors reminded to stay calm

ELIZA BAVIN  |  WEDNESDAY, 9 APR 2025
... balances, the superannuation sector is well-placed to ride out the volatility. "Super is a long-term investment. We expect this week's market falls will have little impact in 20 years - and beyond - when most of today's super fund members will be starting ...

WTL mergers three advice firms amid joint venture

KARREN VERGARA  |  FRIDAY, 4 APR 2025
... Financial Services and Wealth Connect Financial Services - after announcing its joint venture with Merchant Wealth Partners this week. The joint venture known as "Investco" will inject an initial $3.5 million into the newly formed national group called ...

Hearts & Minds revalues position amid Opthea fallout

JAMIE WILLIAMSON  |  WEDNESDAY, 26 MAR 2025
... (wet AMD). It had been conducting a clinical trial for the past year of a treatment for wet AMD, which it announced this week had failed. Opthea then requested to suspend trading until the end of the month as the failure triggered a repayment event to ...

Family office CIO joins Heritvest

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
... and more sophisticated, they are attracting more investment professionals from large financial services firms. Just this week, Qantas Super's deputy investment officer Chris Grogan moved to the Cambooya family office in the same role. Late last year ...