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| | | Total assets held in the retirement income sector are projected to reach $1 trillion by 2024, according to research by DEXX&R. In line with the Intergenerational Report's estimate that the proportion of Australians aged 65 and over will double in the ... |
| | | | ... Reserve Chair Paul Volcker, have released a report arguing that the structure of financial regulation in the US still needs major urgent reform. In the report titled "Reshaping The Financial Regulatory System, Long Delayed, Now Crucial" they have called ... |
| | | | ... assets they prefer lower inflation and higher real rates of return. Younger people, with fewer assets and wages as their major source of income, prefer higher inflation. The issue with aging populations and inflation is that central banks will try to ... |
| | | | ... reaching new record highs.A At 0808 AEST on Monday, the June share price index futures contract was up 24 points at 5,962. No major local economic news is expected on Monday. In equities news, the Legg Mason Global Investment Survey on investments is ... |
| | | | Industry Super Australia has called for the super safety net to be retained, arguing that scrapping it would collectively cost employers $1.8 billion. Dropping the safety net would allow retail MySuper funds to compete in the default superannuation ... |
| | | | ... are components of the ASX200 index and have at least 25% of board positions filled by women." The index already includes major banks such as CBA and Westpac alongside prominent companies including CSL, Telstra, and Medibank Private and others across ... |
| | | | ... monetary easing measures. WELLINGTON - New Zealand shares have retreated, paced by power and broadband company Trustpower as a major shareholder reduced its stake. The NZX 50 Index fell 35.71 points, or 0.6 per cent, to 5757.91. Within the index, 25 ... |
| | | | Treasurer Joe Hockey has responded to Labor's suggestion of a 15% tax on super earnings above $75,000, saying, "Labor's default position is always to increase taxes." In an interview, Hockey said he hadn't looked at the "details" of Labor's announcement ... |
| | | | "Yes, no, maybe I don't know Can you repeat the question?" - 'Boss of Me' The question - again - is will the Reserve Bank of Australia (RBA) cut interest rates on the first Tuesday of next month? With barely two weeks to go and armed with the latest ... |
| | | | ... enough, overall we do it well most of the time." He also argued that despite the recent scandal, NAB was one of the "first major institutions" to disincentivise sales culture in financial planning by moving towards fee-for-service models. "We designed ... |
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