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Showing 141 - 150 of 1313 results for "Population"

Australia climbs global wealth ranks

ELIZA BAVIN | THURSDAY, 11 JUL 2024

... million. "We expect growth of 21% in that number over the next 5 years. The proportion of USD millionaires to the adult population in Australia is 10%, equal to Hong Kong, and only exceeded by Luxembourg and Switzerland," he said. "This growing wealth ...

New recruits top advice industry priority: FAAA

KARREN VERGARA | FRIDAY, 28 JUN 2024

... to be worth $5 trillion. In the 2025-26 financial year, the association will double down on increasing the adviser population. One initiative is spearheading an advertising campaign that'll specifically promote advice as a career targeted to students ...

New Zealand exits recession

KARREN VERGARA | MONDAY, 24 JUN 2024

... Zealand's economy is still some 0.5% below the Q3 2022 peak. The headline figure "is being flattered by NZ's strong population growth of late, thanks to very high levels of net immigration," ASB Bank noted. "Long story short, there was still ...

Barrenjoey, Scentre Group establish jointly managed fund

ELIZA BAVIN | FRIDAY, 21 JUN 2024

... half of this year. The centre draws 10.8 million customers annually and currently caters to a significant trade area population of over 440,253 residents, which is forecast to reach 487,795 residents by 2041.

Ageing Australians rapidly shifting retirement planning

ELIZA BAVIN | WEDNESDAY, 19 JUN 2024

New research from Allianz Retire+ has shown that Australia's ageing population is rapidly shifting its retirement planning focus to income rather than accumulation. The white paper suggested this change has seen financial advisers refining their advice ...

Australia's competitiveness climbs world rankings

ELIZA BAVIN | TUESDAY, 18 JUN 2024

Stronger business and government investment, population growth and budget positions have seen Australia record its best international competitiveness ranking since 2011. The nation rose from 19th to 13th in the IMD World Competitiveness Yearbook 2024 ...

Innova backs using leverage in super for housing

ELIZA BAVIN | MONDAY, 17 JUN 2024

... unprecedented wealth for Baby Boomers thanks to the power of leverage, lucrative tax breaks, constrained supply, and strong population growth. "Unfortunately, a generation of younger Australians have become the collateral damage to rising property prices. ...

HNWIs wealth reaches unprecedented levels

ANDREW MCKEAN | FRIDAY, 7 JUN 2024

... outlook. According to the report, global HNWI wealth grew by 4.7% in 2023, reaching $86.8 trillion. Additionally, the HNWI population increased by 5.1% to 22.8 million worldwide, continuing to expand despite market volatility. This growth reverses the ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN | THURSDAY, 6 JUN 2024

... a halt". "Indeed, the six-month annualised pace of GDP growth to the March quarter fell to 0.8%. This compares with population growth of 2.4%/yr. The upshot is that the economy has contracted a lot in per capita terms," Aird said. "In colloquial terms ...

QIC adds to streak of venture capital investments

ANDREW MCKEAN | WEDNESDAY, 5 JUN 2024

Queensland Investment Corporation (QIC) has agreed to become a cornerstone investor in early and growth-stage fund Sprint Ventures, while also investing in biotech venture capital firm Brandon Capital. Yesterday, Financial Standard reported that QIC's ...

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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