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| | | ... the media rounds this morning, Albanese denied energy rebates were only responsible for a short-term drop in the annual CPI read. "With respect, every single one of the inflation figures, whether it be the excluding volatile, is down from 3.7% to 3%," ... |
| | | | Older Australians are increasingly seeking financial advice in relation to aged care costs, new research from Challenger and National Seniors Australia shows. According to the study, calculating aged care costs has become a dominant concern for older ... |
| | | | The Federal Reserve elected to cut interest rates by 50 basis points overnight, its first reduction in four years. The US central bank decided to lower the target range for the federal funds rate by half a percentage point to 4.75-5%, surprising many ... |
| | | | BlackRock is restructuring its private debt arm, saying private credit is "one of the firm's top priorities" and it intends to become a leader in the space. BlackRock is creating a Global Direct Lending business within its existing private debt function ... |
| | | | The government is consulting on new regulations to relax restrictions on legacy superannuation products which would allow individuals to exit unsuitable products and remove barriers to closing legacy funds. The purpose of the draft Treasury Laws Amendment ... |
| | | | Most members will save about $100 per year after the reductions, while some will save as much as $375. MLC Super said the majority of members in its MLC MasterKey and Plum range will pay less in administration fees from October 1. MLC general manager ... |
| | | | ... continues to trail most jurisdictions, with its percentage of female managers dropping 1%, to 6%, over the year," the report read. In terms of new fund launches, nearly 20% of new mandates were given to women, up from just 6.2% last year. However, the ... |
| | | | Janus Henderson will partner with tokenisation platform Centrifuge and its asset management arm, Anemoy, to manage Anemoy's Liquid Treasury Fund (LTF), a fully on-chain, tokenised fund. The US$360 billion asset manager will serve as a sub-adviser to ... |
| | | | Housing Australia and the Community Housing Industry Association (CHIA) have announced commitments to the Housing Australia Future Fund (HAFF) under the first funding round. Housing Australia has selected an initial pipeline of 185 projects to potentially ... |
| | | | Financial Standard is a finalist in the Australian Financial Industry Awards 2024, and we'd love to have your support. Fresh from winning Financial Services Publication of the Year at the recent Impact Awards, Financial Standard has been nominated ... |
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