Agriculture ripe for institutional pickingBY DARREN SNYDER | THURSDAY, 5 MAY 2016 1:46PM
In June next year the gross value of Australia's annual farm production is expected to pass $60 billion for the first time, a reflection of improved prospects in livestock and cropping industries. But a lack of consultant coverage means the opportunity for institutions is being overlooked.Read more: US, Australia, BDO, Margaux Beauchamp, Mark Bennett, Sustainable Agriculture Fund, AMP Capital Investors, ANZ, Australian Bureau of Agricultural, Australian Catholic Superannuation, AustralianSuper, Christian Super, Finistere Ventures, Grains Muster, Laguna Bay Pastoral Company, Mine Wealth, MySuper, Offshore, Resource Economics, Retirement Fund, Sciences, Warakirri Asset Management, Wellbeing
While there may be uncertainty surrounding the economic implications of the spreading COVID-19 pandemic, one thing is clear; if business leaders are not consistent, empathetic and clear with their response, they should prepare to face the music.
The government's $213 billion stimulus package is set to push up the country's total debt but experts say it is not reason enough to draw down on the sovereign wealth fund.
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|