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28 February 2023 • By Jon Bragg • 1 min read

Bravura delays results, flags potential capital raising

The wealth management software group was due to report on Tuesday. Bravura Solutions has requested a voluntary suspension of its securities to ...

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HESTA investment committee chair to depart

Industry super fund HESTA has announced that its investment committee chair will leave the board as his term comes to an end. HESTA said that ...

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Super balances over $3m to be taxed at 30%

The Treasurer has confirmed Labor will double tax rates paid by those with over $3 million in their super despite stating just days earlier that no ...

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BlackRock spruiks value stocks in ‘higher for longer’ rate environment

The global asset manager is favouring uptake in value stocks in lieu of a prolonged monetary policy tightening cycle.  According to the latest ...

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Financial market volatility drives a decline in super assets

APRA has released its superannuation statistics for the December quarter. New data from the Australian Prudential Regulation Authority (APRA) has ...

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ASIC takes Mercer Super to court over alleged greenwashing

The regulator has launched its first court action against alleged greenwashing conduct. The Australian Securities and Investments Commission (ASIC) ...

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As rate day looms, economist says ‘RBA risks doing too much’

While the RBA looks set to deliver at least two more hikes in the coming months, one prominent economist believes that the central bank may have ...

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Volatility expected to persist in 2023

State Street Global Advisors predicts that volatility will continue throughout 2023. The firm said that in February, Australian investors ...

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APRA’s home loan buffers deemed ‘appropriate’ amid increased volatility

The regulator has published an assessment of its macroprudential policy settings. The Australian Prudential Regulation Authority (APRA) has ...

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PM walks back pre-election promise on super, insists no decisions have been made yet

The federal government has been accused of breaking a pre-election commitment after hinting that a cap on super balances could soon be introduced

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