The Coalition has pledged to give young Australians access to up to $50,000 in their retirement savings to get a toehold in the housing market. Super funds say it will only further inflate property prices.
Listed property, which found investor favour in 2024, is better positioned to weather market volatility with institutions eyeing improving valuations and development opportunities. For overseas players, a weaker Australian dollar is a bonus.
Towers Watson taps new talent for its think-tank
(Pictured: Sonja Lee)
Sonja Lee, Towers Watson’s marketing director in Australia, is to join the consulting firm’s prestigious ‘Thinking Ahead Group’ (TAG2.0), based in the UK, from early July.
In her new role, Lee will also be revisiting the skills she needed in her previous occupation in management consulting. She has been at Towers Watson for eight years but spent six years as a senior analyst at The Boston Consulting Group prior to that. She was also a consultant to the Sydney Paralympic Organising Committee.
Tim Hodgson, head of the Thinking Ahead Group said: “We are delighted that Sonja is joining the team. With a recent upgrade of our mission, we have several initiatives where she will add value.”
Hodgson recently described the role of TAG2.0 “to provoke the investment industry to change for the benefit of the end saver. Ultimately, TAG2.0 is about making the investment world a better place and it intends to expand its reach and drive more innovative solutions by continuing to work with other parts of the investment value chain such as asset owners, managers, policy makers and academics.”
TAG has links to many organisations, including other think-tanks around the world such as the Santa Fe Institute and (the original) Chatham House, which are less mainstream for the investment community.
Dianne Cleary will temporarily lead the Australian Marketing team. She has held several senior roles for professional services firms, including six years as marketing director for Towers Perrin.
