HESTA CEO Blakey to Step Down From Australian Pension Fund
Original Report
The chief executive officer of A$101 billion ($71 billion) Australian pension fund HESTA, Debby Blakey, said she will leave her role in the second half of this year after more than a decade in the...
The chief executive officer of A$101 billion ($71 billion) Australian pension fund HESTA, Debby Blakey, said she will leave her role in the second half of this year after more than a decade in the top job.
Glass House Analysis
Labor market conditions shape the lived experience of millions of working families. When jobs are plentiful, workers have leverage to demand better wages and conditions; when they're scarce, the balance of power shifts to employers. This dynamic plays out daily in kitchen tables across America, where families make decisions about whether to ask for a raise, change jobs, or accept less-than-ideal conditions out of necessity.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Super Bowl 60 recap: Rewatch the ads as Seahawks clinch the championship
Super Bowl 60 is underway between the Seattle Seahawks and New England Patriots. CNBC covers all the top ads and business news from football's biggest night.
Chinese chip designer Montage Technology soars over 50% in Hong Kong debut
Shares of Chinese chip designer Montage Technology surged 57% in its Hong Kong trading debut on Monday following an initial share sale that raised $902 million.
U.S. stock futures rise after a wild week on Wall Street, ahead of key jobs and inflation reports
U.S. stock index futures rose Sunday, ahead of key employment and inflation data coming later this week.
After bitcoin’s fall, pity those wildly enthusiastic investors who borrowed billions against crypto
The speculation that bitcoin would hit $200,000 in 2025 now seems like a dream. Because it was.