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| | | Reserve Bank of Australia (RBA) governor Philip Lowe has announced significant changes that will be implemented by the central bank in response to the recent review of its processes. In what is potentially his last speech as governor, Lowe explained ... |
| | | | ... inputs," the report read. As an example, the sharp decrease in productivity from 2017 to 2020 was due to the Eastern Australia drought, while the recent surge was a result of abundant rainfall and minimal weather disruptions. Transport, postal and warehousing ... |
| | | | HESTA has delivered a 9.59% return for its balanced growth investment option. The balanced growth investment option, which most of the industry fund's one million members are invested in, was buoyed by strong equity market performance, bolstered by ... |
| | | | ... to the COVID-19 pandemic, and the impact of rising global interest rates require a unique Australian perspective. In Australia, fund managers often employ a transaction-led valuation process, especially within the property sector. While useful, this ... |
| | | | AustralianSuper has posted an 8.22% return for its balanced investment option. Of note, the Rainmaker MySuper performance index benchmark is likely to yield a return around 9%. AustralianSuper chief investment officer Mark Delaney said that the fund ... |
| | | | Despite the lull in the property and private equity sectors, Australian Retirement Trust (ART) handed in a 10% return for its balanced option following a bumper share market revival. The Super Savings Balanced, which most of the ART's 2.2 million ... |
| | | | ... one, to avoid giving members a misleading impression as to their potential retirement benefits," Asher said. Cold calling post-Hayne Royal Commission The Australian Institute of Superannuation Trustees (AIST) has previously called on the government to ... |
| | | | ... strategy, and financial advice. She spent more than 18 years at Macquarie Group and held senior roles at MLC and National Australia Bank. ART chief executive Bernard Reilly said creating the dedicated retirement function and her appointment are "critical ... |
| | | | ... about gaining a role in the finance sector than Australian graduates are. Perhaps unsurprisingly, 63% of graduates in Australia said a good salary is the most important thing a prospective employer could offer. This was followed by a flexible working ... |
| | | | ... Toorak residents made $222,967 per annum - the highest for Victoria, followed by Portsea workers with $221,236. Western Australia's Cottesloe and Peppermint Grove made the top 10 list with residents making $229,805 on average. Surgeons and anaesthetists ... |
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