18 May 2009 13:00
Hugh Dougherty, head of manager research for Watson Wyatt in Sydney, said “This is clearly a difficult business environment for active managers and ‘people’ issues are likely to be superseded by ‘business’ issues as the principal concern of management and chief among these will be consolidation, regulation and sustainability.”
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NSW Treasurer Daniel Mookhey says last year's Citi A50 summit is converting investor interest into firm approvals, as the state pushes data centre, renewable energy and electrification projects through a fast-track process and positions Sydney as a global financial centre.
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