Grattan CEO: What the budget got right and wrong

Government should focus on building consumer confidence rather than focus on backing a private sector-led recovery, Grattan Institute CEO Danielle Wood has said.

Dr Vivienne Ming on human potential in an artificially intelligent world

[vc_quotes layout=”accordion” quotes=”%5B%7B%22name%22%3A%22Dr%20Vivienne%20Ming%22%2C%22job_role%22%3A%22Theoretical%20neuroscientist%2C%20AI%20expert%2C%20entrepreneur%20and%20author%22%2C%22content%22%3A%22Professional%20mad%20scientist.%20Co-founder%20and%20executive%20chair%2C%20Socos%20Labs.%5Cn%5CnTheoretical%20neuroscientist%2C%20entrepreneur%2C%20author%2C%20and%20mother%20of%20two%2C%20Dr.%20Vivienne%20Ming%20is%5Cnfeatured%20frequently%20for%20her%20research%20and%20inventions%20in%20The%20Financial%20Times%2C%20The%20Atlantic%2C%20Quartz%20Magazine%20and%20the%20New%20York%20Times.%20Co-founded%20with%20wife%20Dr.%20Norma%20Ming%2C%20Socos%20Labs%20is%20a%20science%20incubator%20dedicated%20to%20solving%20some%20of%20the%20world’s%20most%20pressing%20problems.%5Cn%5CnPreviously%2C%20Vivienne%20has%20pursued%20her%20research%20in%20cognitive%20neuroprosthetics%20as%20a%20visiting%5Cnscholar%20at%20UC%20Berkeley’s%20Redwood%20Centre%20for%20Theoretical%20Neuroscience.%20In%20her%20free%20time%2C%5CnVivienne%20works%20to%20design%20AI%20systems%20to%20help%20treat%20her%20son%E2%80%99s%20diabetes%2C%20predict%20manic%20episodes%20in%20bipolar%20sufferers%20and%20reunite%20orphan%20refugees%20with%20extended%20family%20members.%20She%20sits%20on%20the%20boards%20of%20numerous%20companies%20and%20non-profit%20organisations.%20%5Cn%5CnFor%20relaxation%2C%20Vivienne%20frequents%20the%20sci-fi%20section%20of%20Audible%20and%20spends%20time%20with%20her%20wife%20and%20children.%22%2C%22image%22%3A%2260036%22%2C%22linkedin%22%3A%22https%3A%2F%2Fwww.linkedin.com%2Fin%2Fvivienneming%2F%22%7D%5D” title=”Speaker” el_class=””][vc_quotes layout=”accordion” quotes=”%5B%7B%22name%22%3A%22Colin%20Tate%20AM%22%2C%22job_role%22%3A%22Chief%20executive%2C%20Conexus%20Financial%22%2C%22content%22%3A%22Tate%20has%20been%20an%20investment%20industry%20media%20publisher%20and%20conference%20producer%20since%201996.%20In%20his%20media%20career%2C%20Tate%20has%20launched%20and%20overseen%20dozens%20of%20print%20and%20electronic%20publications.%20He%20is%20the%20chief%20executive%20and%20major%20shareholder%20of%20Conexus%20Financial%2C%20which%20was%20established%20in%202005%2C%20and%20is%20headquartered%20in%20Sydney%2C%20Australia.%20%5Cn%5CnThe%20company%20hosts%20more%20than%2020%20conferences%20and%20events%20globally%20each%20year%20and%20publishes%20three%20digital%20publications%2C%20including%20the%20global%20website%20and%20strategy%20newsletter%20for%20global%20institutional%20investors%E2%80%AFTop1000Funds.com%2C%20Professional%20Planner%20for%20financial%20planners%2C%20accountants%20and%20private%20bankers%20in%20Australia%20and%20Investment%20Magazine%20for%20Australian%20superfunds%20and%20institutional%20investors.%20One%20of%20the%20company%E2%80%99s%20signature%20events%20is%20the%20bi-annual%20Fiduciary%20Investors%20Symposium%20attended%20by%20global%20asset%20owners%20and%20hosted%20in%20the%20Americas%20and%20Europe.%20%5Cn%5CnConexus%20Financial%E2%80%99s%20events%20aim%20to%20place%20the%20responsibilities%20of%20investors%20in%20wider%20societal%20and%20political%20contexts%2C%20as%20well%20as%20promote%20the%20long-term%20stability%20of%20markets%20and%20sustainable%20retirement%20incomes.%20%5Cn%5CnTate%20served%20for%20seven%20years%20on%20the%20board%20of%20Australia%E2%80%99s%20most%20high%20profile%20homeless%20charity%2C%20The%20Wayside%20Chapel%3B%20and%20he%20has%20underwritten%20the%20welfare%20of%2060%2C000%20people%20in%2028%20villages%20throughout%20Uganda%20via%20The%20Hunger%20Project.%20In%202021%20was%20appointed%20as%20a%20Member%20(AM)%20of%20the%20Order%20of%20Australia%20(General%20Division)%20for%20significant%20service%20to%20the%20community%20through%20charitable%20initiatives.%20%22%2C%22image%22%3A%2260053%22%2C%22linkedin%22%3A%22https%3A%2F%2Fwww.linkedin.com%2Fin%2Fcolin-tate-839a5a181%2F%22%7D%5D” title=”Moderator” el_class=””]

Budget performance measure could lead to passive push

The Strategic Asset Allocation benchmark the government has employed to judge outperformance in its new annual performance test is expected to result in funds adapting their investment strategies to beat listed market indices.

Stapled super to pile pressure on small to medium sized industry funds

While super stapling is a natural industry progression and a plus for consumers, the changes will curb some of the benefits smaller industry funds rely on to survive, which could further accelerate merger activity.

‘Psychological safety’ needed between boards and C-suites

The boards nailing their governance objectives during the pandemic are the ones that have a dynamic, open relationship with their C-suite according to Vanessa Pigrum, head of The Cranlana Centre for Ethical Leadership.

Aware Super backing tail-risk hedging for retirement cohort

The $125 billion industry fund says that while it doesn’t make sense for younger members, retirement age members can benefit from tailored tail-risk hedging strategies as proxy guards against sequencing risk.

Investors backing PE credit push in desperate yield hunt: Mehmet

Private equity is taking over the lending ranks from the banks, says Lonsec analyst Ron Mehmet. As volatility tapers off again, demand for alternative fixed income yield in Australia is making alternative avenues more and more attractive.

John Hewson: SG freeze due to Covid ‘not defensible’

The ex-Liberal party leader was joined by a host of industry names on an “emergency” webinar to discuss the importance of continuing the legislated SG increase in July 2021, despite the economic effects of the pandemic.

Market sell-off tests portfolio manager efficacy: Cbus, VFMC

While the March sell-off destabilised portfolios, savvy funds used what Cbus Super’s Scott Pappas called ‘the mother of all stress tests’ to gauge how well their portfolio managers shifted strategy and handled the duress.

New research reveals hope for reducing depression risks

AIA Australia has partnered with data science specialists Quantium to produce the world’s largest study looking at the links between behavioural characteristics and risks of depression, and the findings show us how Australians can easily eliminate hundreds of thousands of depression incidences each year. Mental illness and ill-health is one of the fastest growing public … Read more

What should go into – and stay out of – a quality SG recommendation

While personal and professional agendas make it almost impossible to have a balanced debate about the SG, there are a few key criteria that any analysis – including that of the Retirement Income Review – should acknowledge according to the Conexus Institute’s David Bell.

Kerry Kennedy on ripples of hope in the pandemic

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