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31 August 2022 • By Maja Garaca Djurdjevic • 1 min read

Australia's worst performing super funds revealed

APRA has released the results of its second performance test, revealing that a total of five funds have failed to meet the objective benchmark

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Newly launched DFCRC to focus on ‘game-changing’ areas of digital finance

Government, industry and education institutions have joined the official launch of the Digital Finance Cooperative Research Centre. The Digital ...

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ANZ chair says tokenised carbon exchange key to combating climate crisis

The chair of ANZ believes a tokenised exchange that enables access to carbon as an investable asset could establish marketplace credibility

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Pretium Partners announces expansion into Australia

The specialised investment firm is establishing its first office in Australia. Pretium Partners has announced the appointment of Craig Matthew as ...

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Funds in need of merger partner left with fewer opportunities due to APRA test, experts says

KPMG has examined the annual performance test and its impact on consolidation in the superannuation industry. With the results of APRA’s second ...

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Martin Currie promotes two analysts to portfolio managers

The active Australian equity manager said that the promotions have bolstered its portfolio management capabilities. Martin Currie Australia has ...

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1.3m new workers required to hit net zero by 2050, report reveals

Australia will need about 1.3 million new workers to reach net zero by 2050. The Net Zero Australia project found that Australia “must transform” ...

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Link Group reports loss, super sector posts strong member growth

Data administrator Link Group has announced a statutory loss of $67.6 million for financial year 2022.  In an ASX listing on Tuesday, Link Group ...

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Powell vows to stick to restrictive policy 'for some time' despite economic, labour strains

Restoring price stability will likely require maintaining a restrictive policy stance “for some time”, Fed chair Powell has said. In his most ...

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ASIC calls on super trustees to improve TMD effectiveness

The corporate watchdog has issued a call-out to superannuation trustees. ASIC has called on superannuation trustees to improve the effectiveness of ...

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