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| | | ... lifted the total millionaire population to more than 1.6 million. Australia also ranked among the world's wealthiest nations on a per-capita basis, with average wealth per adult reaching US$616,306. Only Hong Kong (US$648,267), the US (US$696,277) ... |
| | | | ... start-up fund," rather its target companies will "fast become the next 'infrastructure' layer that western sovereign nations will need to develop for capability and resilience." The fund has seeded about 10 global companies. The total initial ... |
| | | | ... handling with consumers front of mind." One trustee took over 500 days to pay a death benefit of around $100,000 to a First Nations woman who was grieving the loss of her husband. Cbus and AustralianSuper were headliners in this department. Cbus paid ... |
| | | | ... healthcare spending. By 2030 we're expecting one in six people will be over 60 years old, and in developed market nations like Australia, people aged over 65 years old will account for about 40% of healthcare spending," he says. "And for those people ... |
| | | | ... Action Plan (RAP), highlighting initiatives the super fund will complete by the end of 2028, including setting up a First Nations workforce target. The Innovate RAP builds on the first one delivered in 2024 and is underpinned by partnerships with First ... |
| | | | ... national energy emergency. The closure of the Strait of Hormuz, a critical maritime chokepoint, which according to United Nations (UN) carries about one quarter of the world's seaborne oil trade, sent supply chains and crude oil prices into a tailspin ... |
| | | | Leading First Nations advocates at the Responsible Investment Association Australasia (RIAA) today outlined new measures to strengthen community engagement and better protect First Nations cultural heritage. Allan James, head of indigenous engagement ... |
| | | | ... governance experience which includes over a decade of board experience and deep knowledge of the water sector and First Nations investment and governance frameworks," said Liza McDonald, head of responsible investments. "His ability to integrate ESG ... |
| | | | ... proceedings against NZ Super Fund for its failure to divest from Israeli companies that have been deemed by the United Nations to be complicit in the Israeli occupation of Occupied Palestinian Territory (OTP). It asked the High Court to review the fund's ... |
| | | | ... However, drawdowns are not taxed. The OECD has suggested New Zealand align its taxation of retirement savings to other nations and not taxing the money on the way in or while it's in the account. This would help boost private pension accumulation ... |
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