Should high-income earners pay charity levy?BY DARREN SNYDER | FRIDAY, 13 JUL 2018 2:00PM
Academics have proposed a new system to better distribute Australia's wealth - one which would see high-income earners pay a charity levy.
Read more: BehaviourWorks Australia, Monash Sustainable Development Institute, Liam Smith, Australians, Giving for Good, Monash University, Oxfam International, Dave Griggs, investment, private wealth, HNWI
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Phil King's Regal Funds Management has returned money to external investors for one of its smaller funds, but will continue to run the strategy internally.
In a somewhat surprising move, banks are lifting some of their term deposit rates despite the Reserve Bank of Australia slashing the cash rate to an all-time low of 0.25% last week.
Pinnacle Investment Management's director of institutional sales is leaving the role for a $12.8 billion multi-boutique.
The major life insurer has confirmed several roles within its life insurance distribution team have been made redundant as a result of a restructure.
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