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| | | ... people in their 30s comprising the largest share of beneficiaries. Meanwhile, almost a third of those getting the increase earn less than $50,000 per year and around 70% of those getting the increase earn less than $100,000 a year. "Our super system ... |
| | | | ... government is clear. Our plan for economic growth and productivity is about Australians earning more and keeping more of what they earn." Albanese noted that "this work is already underway," citing the national productivity fund, which allocates $120 ... |
| | | | The ranks of Australian billionaires have more than doubled over the past decade, accumulating wealth at $137 million per day on average - $95,000 per minute, according to Oxfam Australia. Its acting chief executive Christina Muli described this as ... |
| | | | Global stock markets roared back in May, staging a spectacular turnaround from the extreme volatility and negative returns that rattled most developed equity markets in April. But uncertainty still looms large. UniSuper head of fixed interest David ... |
| | | | Washington H. Soul Pattinson (Soul Patts) and diversified industrial group Brickworks have signed a binding merger agreement to create a new $14 billion ASX-listed company, TopCo. Under the proposed merger, TopCo will acquire all shares in Soul Patts ... |
| | | | The life insurance industry appears to have moved past its loss-making years, reporting a $332 million profit at the end of March, new APRA figures show. About $5.7 billion was generated in insurance revenue, marking a 3% rise from the December 2024 ... |
| | | | Swiss fund manager GAM Investments has brought in a new team to run its flagship European funds in a move that signals renewed institutional interest in European markets. GAM has appointed a European equities team from Janus Henderson to manage its ... |
| | | | ... incepted on 31 December 1994. It had about $21.2 million at April-end. Requiring a minimum $25,000 investment, the fund aimed to earn an after-fee return in excess of the S&P/ASX 300 A-REIT Accumulation Index over rolling three-year periods. Performance ... |
| | | | As politicians, industry groups, and financial experts spar over the $3 million super tax, which will only affect a fraction of Australians, another critical problem is being ignored. The "vast majority" of people under 30 will never have more than ... |
| | | | Rest has named a new chief investment officer, appointing a former super fund chief, following the departure of Andrew Lill in November last year. Michael Clancy, the former chief executive of Qantas Super, has been appointed to the role and is set ... |
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