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HESTA pressures Australia’s largest companies to adopt gender targets across entire organisation

HESTA pressures Australia’s largest companies to adopt gender targets across entire organisation

The $87 billion fund has written to the ASX 300 companies it invests in to commit to ensuring 40 per cent of its staff are women.

  • by Sumeyya Ilanbey

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Westpac to shift gears on business banking, new CEO says

Westpac to shift gears on business banking, new CEO says

Incoming CEO Anthony Miller sees opportunities for growth in the agriculture, education, professional services and healthcare sectors. 

  • by Sumeyya Ilanbey
Rise of the mortgage broker: Battle brews over home loan spoils
Opinion
Home loans

Rise of the mortgage broker: Battle brews over home loan spoils

Major banks are engaged in a rearguard action to retain relationships with home loan customers, after the transformative rise of mortgage brokers.

  • by Clancy Yeates
Westpac whistleblower ‘bullied’ after raising suspected criminal activity complaints at RAMS

Westpac whistleblower ‘bullied’ after raising suspected criminal activity complaints at RAMS

A Westpac whistleblower has said she was bullied after making internal complaints about suspected criminal activity at the bank’s RAMS Home Loans mortgage broking subsidiary. 

  • by Sumeyya Ilanbey
Millennials, you could be $50,000 richer by retirement, says ASIC

Millennials, you could be $50,000 richer by retirement, says ASIC

The nation’s out-of-touch super funds don’t do enough to engage with young customers, the corporate regulator says.

  • by Brittany Busch
Small businesses hit with $7 billion in unexpected costs

Small businesses hit with $7 billion in unexpected costs

Small businesses buckling under the pressure of rising costs and a sluggish economy have been hit with $7 billion in unexpected costs in the past year, highlighting the financial pressure on the nation’s engine room. 

  • by Sumeyya Ilanbey
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Learning how to spend money well can make you happier
Opinion
Budgeting

Learning how to spend money well can make you happier

Chasing a never-ending list of wants may not bring you happiness, but neither will cutting them all out.

  • by Paridhi Jain
The definition of ‘good with money’ has evolved. Here’s why

The definition of ‘good with money’ has evolved. Here’s why

Life moving online has been a game changer for convenience, experience and control — but it has also brought new risks to stay on top of.

  • by Kimberly Gillan
I’d like to give my parents $400,000. Will it affect their age pension?

I’d like to give my parents $400,000. Will it affect their age pension?

My parents are concerned they will lose the pension after receiving my gift.

  • by Noel Whittaker
‘Astronomical’ rise in mortgage offset accounts since the pandemic: NAB

‘Astronomical’ rise in mortgage offset accounts since the pandemic: NAB

Australians aged under 55 have been rapidly eating into their savings as they bear the brunt of the Reserve Bank’s fight against inflation.

  • by Sumeyya Ilanbey
Why this booming, opaque corner of finance has watchdogs worried

Why this booming, opaque corner of finance has watchdogs worried

This $US2 trillion market is in the sights of regulators, and many of us are indirectly exposed to its risks through superannuation.

  • by Clancy Yeates