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Showing 1 - 10 of 2979 results for "Response"

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
... expensive," SMC chief executive Misha Shubert said. The SMC is opposing what it calls a "trap for young Australians," in response to a recent speech by Liberal senator Andrew Bragg. Earlier this week, Bragg claimed that using super for a home deposit ...

Perpetual confirms KKR acquisition talk

JAMIE WILLIAMSON  |  MONDAY, 29 APR 2024
... 10am today, Perpetual entered a trading halt, citing a further announcement. Approximately one hour later, it issued a response to the reports, confirming it is in exclusive talks with KKR in relation to a potential acquisition. "There is no certainty ...

Antipodes acquires boutique manager

KARREN VERGARA  |  MONDAY, 29 APR 2024
... Simon after seeing demand from Chinese-Australian clients about access to their homeland's investment markets. In response, they set up the Premium China Fund, a managed investment scheme which invests in companies listed in Hong Kong, Mainland China ...

Future Fund posts 10.1% annual return, surpassing benchmark

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
... inflationary pressures. "Investors need to be alert to these dangers and retain the flexibility to respond quickly." In response, the Future Fund is positioned at a neutral risk setting as it pursues opportunities to deliver attractive risk-adjusted ...

Commercial real estate optimism ticks up

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
... over the past two years," he said. "More occupiers globally and in Australia are choosing to relocate core functions in response to growing physical and functional obsolescence. This is raising the bar on sustainability as tenants are seeking to secure ...

Financial advice exodus has 'bottomed out': ClearView

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... said it believes there have been signals towards the "return" of financial advice, following the government's favourable response to the Quality of Advice Review. "Recent data indicates the exodus of financial advisers has 'bottomed out'. The government's ...

ASIC consults on misconduct reporting rules

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
... misconduct (RG16) seeks to clarify ASIC's expectations for compliance with reporting obligations. The consultation is in response to feedback from industry associations, professional bodies, and the Parliamentary Joint Committee's recent recommendation ...

Super funds' IDR process weak, inadequate: AFCA

KARREN VERGARA  |  FRIDAY, 5 APR 2024
Superannuation funds are increasingly flouting their internal dispute resolution (IDR) process and are not doing enough to resolve member complaints before they reach the Australian Financial Complaints Authority (AFCA). The complaints authority warned ...

AustralianSuper hires data strategy lead

ELIZABETH FRY  |  TUESDAY, 2 APR 2024
... Previous roles include KPMG and Investment Trends, where he specialised in operations, strategy development and regulatory response projects for superannuation funds. Finally, Alix Fraser joins the asset owner as a member resolution manager. Fraser joins ...

Threats outside the Australian financial system build: RBA

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
... of resilience. Banks are well prepared to handle the increase in loan losses expected to occur as the economy slows in response to past interest rate rises and budget pressures and risks to financial stability posed by the non-bank financial intermediaries ...
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