Grattan Institute’s bold reforms to boost revenue

Grattan Institute federal budget Parliament taxes

Redesigning the Stage 3 tax cuts and increasing the age to access super by five years are among the suggestions from the Grattan Institute to boost revenue.

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Investors shun equity funds with $500m outflows

Calastone fund flows equities australian equities

Equity funds saw outflows of more than $500 million in the first quarter of 2023, the highest proportion since the start of the pandemic.

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AI presents greater threat than climate change: Alphinity

artificial intelligence

Any problems with the growth of artificial intelligence could present a greater threat to humanity than climate change, according to Alphinity.

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Gender diversity on boards tracking well: AICD

AICD gender diversity board of directors

Women’s representation on boards stood at 36 per cent in the ASX 200 and 35.5 per cent in the ASX 300 at the end of February, according to AICD’s latest gender diversity report.

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Positive investment performance drives GQG FUM

GQG Partners FUM fund managers

GQG has seen funds under management rise by almost US$4 billion, thanks to net inflows and strong investment performance.

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Australia’s wealthiest reap the benefits of economic growth

ThinkTank economic growth income

Data from think tank the Australia Institute has found massive disparity among income earners, with the bottom 90 per cent of Australians receiving just 7 per cent of economic growth per person since 2009.

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Higher risk premiums renew interest in hybrid bonds

credit suisse UBS bonds fixed income

The recent write-off of Credit Suisse’s AT1 capital notes has made the asset class more lucrative for investors, according to Robeco.

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Almost half of AFA team to depart ahead of FPA merger

AFA FPA merger

Almost half of the Association of Financial Advisers’ board and leadership team have opted to leave as the organisation transitions to the Financial Advice Association of Australia.

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AMP appoints deputy chief economist

amp diana mousina Shane Oliver

Senior economist Diana Mousina has been promoted to the role of deputy chief economist, working alongside Shane Oliver.

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Management changes as SG Hiscock takes over abrdn funds

abrdn SG Hiscock australian equities

SG Hiscock has announced management changes to the abrdn Australian Equity funds following the announcement of a strategic partnership between the two firms.

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