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| | | Generation X and Millennials collectively drove about 85% of new self-managed superannuation fund (SMSF) establishments for the six months to 31 December 2024, according to a new report from Class. The total value of the net assets administered on Class ... |
| | | | Speaking at the Financial Standard Chief Economists Forum today, La Trobe Financial head of investments and product David Tagg dissected some of the key economic themes for the year ahead. Tagg highlighted some of the biggest risks in the current economic ... |
| | | | ... Neo Super head of technical service Nicholas Ali said it has appeared that the government has failed to secure the key figure to pass the "controversial legislation". "The government needs 39 votes in the 76-seat upper chamber to pass the controversial ... |
| | | | ... said. The Financial Advice Association Australia chief executive Sarah Abood expressed her concerns with the "eye-watering figure" that are substantially out of whack with estimates. "We are shocked to see an estimated figure of $70 million for the financial ... |
| | | | While the official word will come from the Australian Taxation Office (ATO) in March, the December 2024 inflation figures released by the Australian Bureau of Statistics (ABS) yesterday confirmed the indexation of the cap. Currently $1.9 million, from ... |
| | | | ... improved from the previous corresponding period, dropping 0.4% from the September quarter. Further, the annual trimmed mean figure fell to 3.2%, which is notably lower than the Reserve Bank of Australia's (RBA) November expectation of 3.4%. From ... |
| | | | ... economic activity remains weak." Miller has, however, said that if the inflation rate was 0.2% higher than the RBA's projected figure in November, it may withdraw from signaling a cut. |
| | | | Both ANZ and Macquarie have moved their interest rate cut predictions forward to February from May following last week's inflation data. ANZ head of Australian economics Adam Boyton said the bank was expecting core inflation to drop to 3.2%, down from ... |
| | | | The number of advisers that have exited the industry over the past four or five years appears to have plateaued, albeit another decline in 2023, last year's figures suggest that the losses have stabilised, according to Rainmaker Information's 2024 ... |
| | | | The monthly Consumer Price Index (CPI) indicator rose 2.3% in the 12 months to November 2024, but trimmed mean inflation came in at 3.2% - still tracking above the Reserve Bank of Australia's (RBA) target range of 2-3%. Speaking at a press conference ... |
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