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| | | Warren Buffet praised his former right-hand man, Charlie Munger, as the "architect" of Berkshire Hathaway in its latest shareholder letter. In his tribute, Buffet acknowledged Munger for guiding him to acquire wonderful businesses at fair prices rather ... |
| | | | ... leading investment platform providers, currently holding more than $22 billion in funds under administration. It is a natural home for the clients and employees of the Iress platform business and we are delighted to have reached an agreement today which ... |
| | | | ... which a much larger proportion diversify internationally, typically with larger weightings," Mihaylov said. "Although this home bias generally leads to sub-optimal levels of investment diversification, it can also act to boost earnings and returns during ... |
| | | | ... to 11.7%. In response to this, the FSC has proposed revising the net asset threshold to $5 million, including the family home, to recalibrate eligibility to just 3.1% of households. Alternatively, if the threshold was changed to $2.4 million excluding ... |
| | | | ... totalling $6 billion. Banking and Financial Services (BFS) reported a 3% increase in total deposits to $135.6 billion. The home loan portfolio rose 3% to $117.9 billion, and funds on platform grew 6% to $132.8 billion. The business banking loan portfolio ... |
| | | | ... everyone. A broad frame is required to consider super alongside any sources of government support, income from part-time work and home equity to fund a dignified retirement," he said. |
| | | | ... exposures to the fund manager's existing Nasdaq 100 ETF (NDQ) which recently passed $4 billion in assets. "As Australia's home of the Nasdaq 100 ETF, we're proud to expand the universe of investment solutions providing exposure to some of the world's ... |
| | | | ... of funds following the acquisition of Guild by Future Group. The Clearview Retirement Plan was established in 1987 and is home to about 12,500 members. As at June 2023, it had about $2 billion in funds under management. Its trustee was ClearView Life ... |
| | | | ... initiatives, potentially stifling parliamentary decisions to liberalise superannuation rules for purposes like aiding first home buyers or providing support during economic downturns, as seen during the COVID crisis. "Members' money is being used ... |
| | | | ... survey by finance comparison site Mozo reveals that one in six Australians fork out 40% to 60% of their monthly income on home loan repayments. Nearly 40% of the 2100 mortgage holders surveyed said they struggle to make up the shortfall worth hundreds ... |
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