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09 January 2023 • By Jessica Penny • 1 min read

HESTA commits US$200m to Stafford Capital sustainability fund

The contribution brings the targeted private equity program’s size to US$450 million ($654 million).  HESTA has invested an additional US$200 ...

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ASIC places interim stop order on diversified fund

The regulator identified deficiencies in the fund’s target market determination. On Monday, ASIC announced it had placed an interim stop order ...

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5 ways companies can prioritise innovation

With boards of directors being encouraged to better embrace innovation in their businesses, a new report has offered insight on how this can be ...

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Magellan reports 10% fall in FUM

The fund manager has experienced another decline in funds under management. Magellan has reported a $4.9 billion drop in funds under management ...

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Boards must embrace innovation ‘beyond what is immediately necessary’

Australian boards are being urged to do more to embrace innovation in the workplace by a new report. The Australian Institute of Company Directors ...

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Aussie executives share biggest concerns for 2023

What issues are keeping business leaders up at night? A new survey of Australian business leaders has revealed that recruiting, retaining and ...

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China’s COVID wave among ‘biggest risks’ to economy, Treasurer says

Jim Chalmers has outlined five key challenges for the Australian economy in 2023. Treasurer Jim Chalmers has raised concerns about the broader ...

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House prices suffer steepest drop since 2008

The Australian property market has experienced its worst year since the GFC. Australian property prices fell by 1.1 per cent in the final month of ...

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Big 4 bank downgrades inflation forecasts

The bank has revised its full-year inflation forecasts for 2022 and 2023. Westpac now expects that the fourth quarter consumer price index (CPI) to ...

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Only 1 in 10 ASX 200 companies chaired by women

Progress on gender balance is not being reflected at the chair level. A report by the Australian Institute of Company Directors (AICD) has found ...

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