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| | | Australia's economy, just like its US and European counterparts, is progressing nicely, thank you very much. "Australian private sector growth eases from record but remains elevated," sums up Markit Economics' findings for the month of May. ... |
| | | | The government has introduced exposure draft legislation to reduce red tape for super funds when calculating the exempt current pension income (ECPI). The minister for financial services, superannuation and the digital economy Jane Hume said the draft ... |
| | | | The tripling in commitments to achieve net zero carbon emissions by both companies and investors cannot be believed blindly, according to experts. At the Conference of Major Superannuation Funds in Adelaide, Australian Council of Superannuation Investors ... |
| | | | ... figures by including the administration fees and now estimate it could be around 25 products underperforming," Hume said. "This isn't about industry funds versus retail funds. It is simply about underperformance." Hume added that if the test didn't include ... |
| | | | ... and $1 million per year thereafter to facilitate the transfer of unclaimed super to KiwiSaver accounts. And something that isn't expected to incur any cost, the government has said it will look to restore previously available regulatory relief for foreign ... |
| | | | ... the property market to buy their own home and so better guarantee a higher standard of living in retirement, the FHSS scheme isn't it. And even if this enhanced FHSS scheme is a test-run for a KiwiSaver style super-for-home-deposit scheme, that scheme ... |
| | | | Wall Street benchmark equity indices closed on the up and up on May 7 - the Dow and the S&P 500 index even rallied new record highs -- the same day the US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added ... |
| | | | ... strength in the market is putting home ownership further out of reach despite record low mortgage rates. Wages growth simply isn't keeping pace," Owen said. The increase in housing values comes following CoreLogic's 2020 Best of the Best report which ... |
| | | | The exchange-traded products market skyrocketed 149% to $95 billion in the three years to December 2020, new research finds. Rainmaker's latest research predicts that ETPs will eclipse the unlisted unit trust market in another three to five years. ... |
| | | | ... like MSCI. As an example, she cited healthcare and tech stocks that ASI thinks are not being properly captured by MSCI. "ESG isn't just about risk mitigation we are [heading] to the next step which is alpha generation," she said. Aberdeen's Australian ... |
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