Barclays Capital has made a key Australian appointment within the mergers and acquisitions arena.
The company announced that it had appointed Daniel Janes as managing director, mergers and acquisitions, as part of the expansion of the regional investment banking business.
It said Janes would be based in Sydney and report to the head of investment banking in Australia, Cynthia Whelan, and the head of mergers and acquisitions, Asia Pacific, Jason Rynbeck.
Janes was previously employed by Royal Bank of Scotland, where he was head of consumer, healthcare and industrial in Australia and New Zealand.
Superannuation funds have posted another year of strong returns, but this time, the gains weren’t powered solely by Silicon Valley.
Australia’s $4.1 trillion superannuation system is doing more than funding retirements – it’s quietly fuelling the nation’s productivity, lifting GDP, and adding thousands to workers’ pay packets, according to new analysis from the Association of Superannuation Funds of Australia (ASFA).
Large superannuation accounts may need to find funds outside their accounts or take the extreme step of selling non-liquid assets under the proposed $3 million super tax legislation, according to new analysis from ANU.
Economists have been left scrambling to recalibrate after the Reserve Bank wrong-footed markets on Tuesday, holding the cash rate steady despite widespread expectations of a cut.