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Showing 1161 - 1170 of 6146 results for "Money"

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
... counting investors) with a mortgage, according to McKinsey's February 2020 report (more now I would imagine), extra money would be used towards servicing housing debt. Inflation is the least of the RBA's worries. But it continues to blow bubbles ...

Tempered positivity post-pandemic: Experts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... have remarkably similar policy responses to the pandemic - supporting lockdowns as a health response and pouring stimulus money into the economy, but Singh said this still raises questions about the future. But he cautioned that there is a question about ...

Super fund ventures into robo-advice

KARREN VERGARA  |  WEDNESDAY, 19 MAY 2021
A $5 billion superannuation fund is introducing a robo intra-fund advice solution to members. With the help of Link Group's Super Blueprint, legalsuper will offer the digital intra-fund advice to its 43,000 members. The offer builds on an existing partnership ...

BlackRock secures licence to operate in China

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... helping more people in China meet their long-term goals, such as retirement. China has a high savings rate, but most of that money is currently in bank accounts, where it is generating only a small amount of interest. For China to address its retirement ...

Chief economist update: A half-glass full look at inflation

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
... benefits - that are "disincentivising" Americans from re-entering the labour market. Job or no job, American consumers have money to burn. They're willing and able to accept dearer prices passed on by businesses that are paying higher costs due to ...

ASIC to wind up PE Capital

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... investigation into PE Capital is ongoing. PE Capital is based in Victoria. Several investors have warned online that they lost money or haven't received promised payments since 2018. PE Capital was the responsible entity for Endeavour, which was ...

AMP loses default KiwiSaver mandate

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... Zealand's default retirement savings scheme KiwiSaver works by having a network of default providers which manage client money in balanced funds. Under an overhaul of the default provider scheme aimed at slashing fees and improving returns, the number ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
... went further, announcing a spending splurge of around 74.6 billion in order secure Australia's recovery. There's money, money and more money for almost every Australian to ensure that the country's emergence from its first recession in nearly ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... unlocking equity in their real estate assets. "Under the Coalition, Australian seniors will always have more control over their money," treasurer Josh Frydenberg said. The government is also extending the central control and management test safe harbour ...

New India fund eyes HNWs

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
... for India as some 60% of global corporations outsource their IT services there. Technology professionals are earning more money and want to buy their first home, breaking away from the tradition of living with parents, he said, noting that this in turn ...