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Showing 1071 - 1080 of 13338 results for "Economic"

Cheques to wind down by 2030: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 8 JUN 2023
Archaic payment systems could soon be a thing of the past following government plans to wind down outdated methods like cheques. Treasurer Jim Chalmers handed down a five-point strategic plan yesterday in front of the Australian Banking Association ...

SMSFs continue to fly solo

KARREN VERGARA  |  WEDNESDAY, 7 JUN 2023
... and nearly half (42%) of female trustees surveyed indicated the same. One in five SMSFs acknowledge that the prevailing economic conditions have had a significant impact on their approach in selecting investments; over a third indicated an increased ...

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
The Reserve Bank of Australia (RBA) has hiked rates by another 25 basis points to bring the official cash rate to 4.1%. Many experts fear that Australia is teetering on the edge of a recession and that the latest decision by the nation's central bank ...

Advisers outsourcing to amplify investment capabilities: Mason Stevens

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
A Mason Stevens whitepaper says that financial advisers are increasingly embracing outsourcing of their investment capability. Mason Stevens said the main economics of outsourcing are the time freed up for the adviser to nurture client relationships ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
The Senate Economics Legislation Committee has urged the government to review laws that would impact franked dividends funded by capital raisings. In February, the government tabled the Treasury Laws Amendment (2023 Measures No.1) Bill 2023 which among ...

First Sentier clients walk away with $13bn

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... which lost $5 billion, the trio accounted for $24 billion in negative net flows. "Investors have not been immune to the economic headwinds of the past 12 months. We have been navigating the challenging environment and supporting our clients' needs ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... Accelerating wages growth and higher than expected inflation would perhaps indicate an increase is justified, however, the economic hardships faced by Australians is intensifying. According to an economic misery index by the University of Melbourne ...

Australia-UK FTA a boon for local business

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
... on 17 December 2021. It further builds on an existing two-way trade and investment relationship, spurred by post-COVID economic recovery initiatives that is set to benefit both countries. The deal includes a two-way goods trade that was worth $10 billion ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... off anytime soon. Speaking this morning, Fair Work Commission President Adam Hatcher said the current combination of economic circumstances presented a particular challenge for this year's review. "In our consideration, we have placed significant ...

Family offices look to infrastructure for alpha

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
... then... building a lot of private allocations to give us that diversification and market exposure." Given the current economic environment, the need to be more agile and opportunistic in search for alpha is driving family offices to review portfolios ...