The Treasurer has shown no signs of wavering on the construction of the controversial tax, while Liberal senator Jane Hume has urged the new economics team to “speak sense” to Jim Chalmers.
Global investor sentiment brightened in May, according to Bank of America’s latest Global Fund Manager Survey, as concerns about a sharp economic downturn gave way to a more optimistic outlook for a “soft landing”.
Insignia Financial has announced the status of the two private equity bidders as due diligence comes to an end.
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.
Following allegations by an adviser that Vision Super refused to work with his offshore assistant due their “non-Australian” accent, the fund has defended its position, which, it said, adheres with the law.
While Australia’s largest super funds are increasingly bringing investment management in-house, Brighter Super is charting a different course as it continues to grow.
Australia’s superannuation industry has welcomed the appointment of Dr Daniel Mulino as Assistant Treasurer and Financial Services Minister.
The industry superannuation fund-owned global private markets manager has finalised a landmark partnership with a UK pension fund.
The Prime Minister has announced his new ministry, including the replacement for the newly retired Stephen Jones.
The Australian Securities Exchange (ASX) has proposed a suite of reforms to bolster the competitiveness of Australia’s public markets and stem the decline in listed companies, arguing that targeted regulatory changes could unlock investment and attract a new wave of IPOs.