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28 June 2021 • By Annie Kane • 1 min read

Westpac sells asset finance arm

The major bank has offloaded another of its specialist businesses to a non-bank lender. Westpac has confirmed that it will sell its motor vehicle ...

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Speed of economic recovery exceeding ‘all expectations’: Frydenberg

Treasurer Josh Frydenberg says Australia’s economy is recovering far quicker than expected. Delivering a keynote speech at the launch of the latest ...

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Equip, Catholic Super tie-up reaches final phase

The super fund has said that its members will benefit from a significant drop in fees as the final step of its joint venture with Equipsuper comes ...

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Aviva Investors boosts emerging markets team

The global investment manager has appointed three new staff to its emerging markets debt team as it builds out the asset class as an “important ...

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HESTA appoints new GM to fund

HESTA has announced a new appointment to the position of general manager responsible investment. Kim Farrant, who most recently worked as head of ...

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New super changes ‘a major win’ for Australians

Colonial First State says the new superannuation changes, coming into effect on 1 July, will boost retirement savings for millions of Australians

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JP Morgan responds after investor involved in ‘sophisticated scam’

JP Morgan has responded after an investor was duped out of $200,000 in an elaborate scam. Tony Papagiannopoulos believed he was investing with the ...

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‘Real need’ for listed clean energy companies in Aus: Turnbull

Malcolm Turnbull believes Australia is in “real need” of listed clean energy companies for ESG funds to invest. Speaking at VanEck’s Visionaries ...

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Treasury shares details on bring-forward rules

The Treasury has confirmed how the new bring-forward rules will apply for people aged 65 and 66 on or after 1 July 2020. Last week, the ...

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Bill to deliver regular reviews of ASIC and APRA passes

The government’s Financial Regulator Assessment Authority bill has passed in Parliament this week. Under the legislation, new independent body, the ...

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