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| | | ASIC and the Reserve Bank of Australia (RBA) have been given new powers under new financial market infrastructure laws to enhance their licensing, supervisory, and enforcement abilities. The Treasury Laws Amendment (Financial Market Infrastructure and ... |
| | | | The Reserve Bank of Australia (RBA) and Treasury today released a report on central bank digital currency (CBDC), citing a three-year project is now underway for wholesale CBDC. In a thorough report, Central Bank Digital Currency and the Future of Digital ... |
| | | | ... alternatives industry is on track to reach US$29.2 trillion in assets under management (AUM) by 2029, with private equities set to more than double throughout the period, Preqin said. The growth signifies an annualised increase of 9.7% for the entire ... |
| | | | The government is consulting on new regulations to relax restrictions on legacy superannuation products which would allow individuals to exit unsuitable products and remove barriers to closing legacy funds. The purpose of the draft Treasury Laws Amendment ... |
| | | | A public inquiry into the collapse of Dixon Advisory will soon launch after the Financial Advice Association Australia (FAAA) gained support from Senator Pauline Hanson in the senate yesterday. After pounding the pavement for months, the FAAA has successfully ... |
| | | | Despite the Federal Court greenlighting the AMP Buyer of Last Resort (BOLR) lawsuit settlement amount, there is still a long way to go before financial advisers can have peace of mind with the payout process to potentially draw out to mid-2025. This ... |
| | | | Platinum Asset Management has confirmed it received a non-binding indicative proposal from Regal Partners. Platinum said it received the unsolicited proposal from Regal to acquire all the shares in Platinum via a scheme of arrangement. Under the offer ... |
| | | | ... settles from the pandemic economic volatility." NAB senior economist Taylor Nugent, meanwhile, said that whole the FOMC looks set to start cautiously with 25 basis points next week, he continues to expect 100 basis points of cuts this year. "While we ... |
| | | | ... next year, paired with strong investment returns, are game changers for super fund members. More Australians than ever are set to enjoy a dignified, comfortable retirement, and the future of retirement savings has never looked brighter," Delahunty added. ... |
| | | | ... for the fund. "The Japanese equity market is a broad and diversified investment universe, offering an attractive opportunity set, which is lowly correlated to other developed markets," Kim said. "We see two key themes continuing to play out: corporate ... |
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