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03 May 2021 • By Lachlan Maddock • 1 min read

‘The politics here are horrendous’: Unpopular decisions needed for budget repair

Despite its “red hot recovery”, Australia will likely need to save in the order of $40 billion a year if it wants to get the budget back into balance ...

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‘No rationale’: Battlelines drawn over proxy advice changes

Proposed new rules governing proxy advice will be a blow to shareholder rights and corporate transparency, according to the powerful Australian ...

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Westpac first half profits soar

The big four bank has reported a more than 180 per cent rise in net profit for the first half of the 2021 year off the back of the economic recovery ...

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Limiting internet searches heightens risk of market crash

Internet searching does not exacerbate investors’ biases – instead, it facilitates their ability to access and analyse information, new research has ...

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Senators warn on superannuation ‘Sword of Damocles’

A number of dissenting senators have warned that they will not support the Your Future, Your Super (YFYS) bill in its current form, warning they hand ...

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Will this time be different for AMP?

AMP has attempted to draw a line under its many misfortunes, but redemption won’t come easy for a company facing a challenge of this scale

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ANZ in $800m profit hit

The big four bank has announced its profits for the first half of 2021 will be impacted by more than $800 million by write-downs associated with its ...

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OpenMarkets Group reveals IPO ambitions with major appointments

Trading and wealth management fintech OpenMarkets Group has launched a significant board shake-up and acquired a goals-based advice platform as it ...

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Rest brings advice in-house

The $60 billion industry fund has announced that it will bring its general advice services in-house to “connect with members more effectively”

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‘No magic bullet’ for fixing super gender gap: Actuaries Institute

Under current policy settings, women will continue to retire with less in superannuation savings, the Actuaries Institute annual summit has been told, ...

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