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15 March 2021 • By Sarah Simpkins • 1 min read

Data is the ‘new oil’: RBA

The governor of the Reserve Bank has said investments into data and digital infrastructure will be essential for the Australian economy, with hints ...

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Super funds in $200bn merger

QSuper and Sunsuper have announced an agreement to merge in a move that will create Australia’s latest mega-fund.  The merger will create a $200 ...

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CBA says union claims are ‘misinformation’

The Finance Sector Union (FSU) has accused CBA of offering its workers an “offensive con-job of an enterprise agreement” – but the bank says those ...

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Big super lashes backbenchers, ‘heroically unrealistic’ retirement review

Industry funds have admitted that higher super will come at the cost of wage growth, but believe that the trade-offs will be worth it.  A new ...

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Citi launches Sydney wealth hub

The multinational banking group has expanded its presence in the Australian wealth management market, opening a Sydney centre for ...

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Sustainable bonds tipped to reach $300bn

Financial institutions and development banks’ issuances of green, social and sustainability bonds globally are forecast to approach a high of $300 ...

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ASIC imposes licence conditions on derivatives issuer

The regulator has opposed additional conditions on the financial services licence of an OTC derivatives issuer, after suspending its licence for ...

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Rest signals changes to engagement team

The retail industry super fund has named two new general managers as part of its restructure for its member engagement team. Catherine Farrugia has ...

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APRA ditches Westpac investigation

The prudential regulator has closed its investigation into Westpac over the AUSTRAC scandal that rocked the bank in 2019.  APRA commenced its ...

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Post-JobKeeper stimulus announced

Australian travellers will be offered half-price flights following the federal government’s announcement of a $1.2 billion stimulus package to support ...

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