AustralianSuper chief executive Ian Silk will step down later in 2021 after 15 years at the helm of Australia’s largest superannuation fund. Mr Silk will be replaced by Paul Schroder, AustralianSuper’s current chief risk officer and former finance sector union...
Australia’s highest-paid bosses enjoyed higher cash and share payouts  even after the COVID crash decimated markets in financial year 2020. Not everyone suffered under the pandemic, however, with the top earner in the country a key part of our vaccine...
Australians have lost $139 million to scammers in the first half of 2021, according to the Australian Competition and Consumer Commission. More than $31 million was swindled in June alone, the highest amount per month so far this year. Investment scams...
Money and investing stories popular with MarketWatch readers over the past week. Source
Finance chiefs of the Group of 20 large economies have endorsed a landmark move to stop multinationals shifting profits to low-tax havens. They also acknowledged the need to ensure fair access to vaccines in poorer countries, although with no immediate...
Larry Culp, CEO of GE, speaks with Jack Hough on the Streetwise podcast to unpack reasons for optimism within the business of aviation. Source
Solomon Lew appears to be playing one of his renowned long, high  pressure games with department store chain Myer after building his stake from 10 per cent to 15.77 per cent in recent days and calling for a shareholder...
Business owners have slammed the New South Wales government for exposing them to an extended lockdown by failing to properly enforce the state’s COVID restrictions. They said residents have put others at risk by going to the beach or shopping...
The most interesting part of Tuesday’s statement by Reserve Bank governor Philip Lowe, by a mile, was when he said they’d given up forecasting. He said the RBA is not going to increase the cash rate until inflation is “sustainably”...
The Reserve Bank offered the nation’s banks, building societies and credit unions $209 billion for free, but they couldn’t find a use for 10 per cent of that and left it on the table. The RBA’s term funding facility (TFF)...
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