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15 October 2020 • By Lachlan Maddock • 1 min read

Unemployment hovers near 7%

Unemployment has risen to almost 7 per cent in September following an unusually strong showing in August. Unemployment hit 6.9 per cent between in ...

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Wealth industry watching for banks’ return

The big four have now largely exited wealth management, but the bosses of IOOF, Netwealth and HUB24 have signalled they expect the banks could follow ...

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Investors back 2030 emissions pledge

Aware Super, IFM Investors and QIC are among a group of institutional investors supporting a new 10-year private sector-focused initiative aiming to ...

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Super reforms are ‘Chinese finger trap’ for funds

The Your Future, Your Super reforms will put super funds in a “greater bind” than investors or the government realise, according to Advance Human ...

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Westpac drops overseas businesses

Westpac is set to consolidate a number of its international operations in a move it hopes will simplify its operations and improve capital efficiency

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AMP scandal reflects greater industry issues, senator says

AMP is not the only financial services company with cultural skeletons in its closet, senator Deborah O'Neill has warned, with the politician ...

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IFM Investors pledges net zero by 2050

IFM Investors has committed to reducing greenhouse gas emissions across its asset classes targeting net zero by 2050. The fund manager has ...

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CBA narrowly dodges shareholder strike

The big four bank saw around a fifth of shareholders protest its executive pay and the gifting of $1.6 million in shares to its chief at its annual ...

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Net-zero emissions could birth billions in investment opportunities

Australia could be set to lose $265 billion in investment opportunities if it continues to apply its current climate targets and policy approaches, ...

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Ausbil reveals Rio Tinto dumping process

The head of ESG research at Ausbil has laid out how his company reacted to the Juukan Gorge controversy, in the lead-up to the boutique fund manager ...

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