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Greens, Labor agree on LRBA ban on SMSFs
|The Australian government is backing the Greens' policy to put a stop on SMSFs from purchasing residential properties with any capital assistance, arguing the sector is currently gating nearly two million properties from first homebuyers.
Pendal shutters Global Select Fund
|Only five years after it debuted, Pendal has terminated its Global Select Fund, an actively managed international equity strategy.
First Sentier adds to C-suite, hires from Rabobank
|First Sentier Group has appointed a former Rabobank executive as chief people officer.
IFM builds Atlas Arteria stake to majority
|IFM Investors has been slowly creeping control over Atlas Arteria through on-market stock purchases, finally crossing the 50% ownership mark.
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Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.







I think it is a bit of a stretch to say that 'The good news is professional standards reform is helping restore the reputation of the industry' because the majority of Planners expect a positive outcome from education reforms.
You would be very naive to think that come 1/1/2024, the public is suddenly going to take a different view on the industry. At least not without significant advertising spend (funded by us) and ideally, a change in title. If we are still 'Financial Planners' after that date, irrespective of education etc, then how is that going to changes perception of Planners pre 2024?