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| | | The Australian Bureau of Statistics (ABS) released its "National Accounts" report for the June 2021 quarter, and it was good... nay, it was great! The report showed the economy grew by a better-than-expected 0.7% in the second quarter of the year, taking ... |
| | | | New figures have revealed that Australian families are feeling the pressure of lockdowns, with more enquiries about divorce and an increase in those seeking financial advice. The figures come from The Separation Guide, a service which brings together ... |
| | | | Only 14% of older Australians have prepared for their aged care costs, according to a joint survey from Challenger and National Seniors Australia. The research received more than 5000 responses from Australians 50 years old and above. It found respondents ... |
| | | | According to the latest figures from the Association of Superannuation Funds of Australia (ASFA) the cost of retiring increased in the June quarter. The ASFA Retirement Standard June quarter 2021 figures indicate that couples aged around 65 living a ... |
| | | | ... QSuper/Sunsuper, Aware Super, UniSuper and Hostplus will become the largest players based on assets under management (see Figure 1). While it may seem like it is the not-for-profit (NFP) super fund sector that faces the most regulatory and political ... |
| | | | ... under administration (FUA) grew 237% to $58.6 billion. The Xplore Wealth integration contributed $17.2 billion to this figure while Ord Minnett's PARS contributed $9.5 billion. Of the $58.6 billion in FUA, $41.4 billion is total platform FUA and an additional ... |
| | | | Australians have lost over $70 million to investment scams in the first half of 2021, a figure that is expected to double by the end of the year with increased reports of cryptocurrency scams, imposter bond scams and Ponzi schemes, according to the ... |
| | | | ... are "fairly" or "extremely" worried about the state of the economy over the next three months. CPA Australia said this figure drops by less than one percentage point when looking at the state of the economy over the next six months, with only 20% "fairly" ... |
| | | | ... half of the year, when lockdowns were eased, 148,000 new online investors placed their first trade compared to the higher figure of 170,000 in the second half of 2020. "The pandemic has significantly shifted the Australian investing landscape throughout ... |
| | | | At the conclusion of its August board meeting, the Reserve Bank of Australia (RBA) announced its decision to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of 0% maintain the target of 10 basis ... |
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