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Showing 1 - 10 of 1513 results for "Workers"

Cbus recruits lead for new core equities portfolio

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
... June 2024, 34% of Cbus' investment portfolio was managed internally. The industry fund for building and construction workers expects to grow its internal investment team of investment professionals from around 115 to 150 over the coming years. "The ...

Nest to acquire 10% stake in IFM Investors

ELIZA BAVIN, MATT TOLEDO  |  WEDNESDAY, 5 FEB 2025
... billion (£45.3 billion) in assets for 13.7 million members in its defined contribution pension; approximately one in three workers in the UK are expected to be a member of Nest by the end of the decade. Nest also announced it intends to invest $10 billion ...

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
... outlined 10 key recommendations. These recommendations included extending the superannuation guarantee to all under-18 workers, including those working less than 30 hours per week, with an appropriate transition period for businesses. "We represent over ...

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
Labor frontbencher, assistant treasurer and minister for financial services Stephen Jones is retiring from politics and will not contest the upcoming federal election. Jones spent 15 years as the member for Whitlam - covering Illawarra and the Southern ...

Hostplus names deputy CIO

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... of Con Michalakis who has taken on the top investment job at Funds SA. The $115 billion industry fund for hospitality workers confirmed that Orr will now serve as co-deputy chief investment officer alongside Greg Clerk. She will report to chief investment ...

Aussie billionaires make $67k per hour: Oxfam

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... Australian billionaires earn $67,000 an hour, according to a new report from Oxfam, which is 1300 times more than what everyday workers make. The 47 billionaires based in Australia saw their wealth rise by more than 8% or $28 billion last year, the Takers ...

Coalition members call for superannuation guarantee reform

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
Coalition members have called for reforms that would give workers the choice to limit their superannuation guarantee (SG) - to receive higher take-home pay. National Party senator Matt Canavan said the Coalition should consider giving workers more control ...

CEFC invests $100m into affordable housing strategy

ROSE MARY PETRASS  |  THURSDAY, 16 JAN 2025
... $100 million in AXA Investment Managers Alternatives' build-to-rent strategy providing affordable homes for essential workers. The investment brings the Clean Energy Finance Corporation (CEFC) total commitment to residential energy efficiency and sustainability ...

Government bolsters funding for payday super reforms

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... billion in lost retirements savings - which notably, disproportionately affects lower-income earners, women, and casual workers. Payday super would lead to almost nine million Australians receiving their super contributions more frequently throughout ...

The productivity bubble has burst: Productivity Commission

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... Thiris noted that the strong labour market likely weighed down productivity growth, as many new, younger, less experienced workers joined the labour force - which can act as a drag on productivity in the short-term as they tend to take time to acquire ...
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