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16 September 2020 • By Sarah Simpkins • 1 min read

Recruitment, career progression for women key to investment diversity

How funds approach their recruitment and career progression for female staff, particularly after maternity leave, is essential to addressing a ...

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AUSTRAC fines State Street for funds reporting breaches

AUSTRAC has issued an infringement notice to State Street for around $1.2 million for failing to report international funds transfers. Under the ...

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Aussie economy bruised but not battered

Employment and consumption are both stronger than expected – but the recovery remains uneven, and states could be doing more to help. The RBA’s ...

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NZ to mandate climate risk disclosure

New Zealand could set to be the first country to require major financial institutions and financial market participants to assess and report on their ...

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APRA, ACCC agree to increased transparency

The two regulators have signed an updated memorandum of understanding (MoU), with a greater emphasis on information sharing. APRA stated the new ...

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UBS embraces ESG with private wealth pivot

One of the world’s largest investment banks has announced that its US$2.6 trillion global wealth management business will now prioritise sustainable ...

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JobSeeker cut will cost economy billions: Deloitte

The government’s move to cut JobSeeker will cost the economy $31.3 billion and 145,000 full-time jobs, according to analysis from Deloitte. The ...

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Frozen mandated super will cost more in long-term, actuary warns

Freezing mandatory super contributions at 9.5 per cent of workers’ salaries will not improve Australia’s fiscal position over time, new research from ...

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AMP, Russell Investments partner for managed portfolios

Russell Investments has teamed up with AMP and its aligned advice practice Invest Blue to develop new managed portfolios, to be delivered through the ...

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Macquarie tips 35% earnings drop

Macquarie Group has braced itself for ongoing volatility, forecasting a 35 per cent drop year-on-year for the first half of the 2021 financial year

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