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Showing 501 - 510 of 1325 results for "Population"

Axe super for low-income earners: Senator

HARRISON WORLEY  |  THURSDAY, 25 JUL 2019
... had "made the unions, banks and insurers richer than ever", and questioned the system's efficiency; in light of a population of around 25 million people amassing the world's fourth-largest private pension pool. According to Bragg, the system ...

Average Australian is a millionaire: ABS

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... held 11% of all household wealth, averaging $564,500 per household in 2017-2018." Meanwhile, the lowest 20% of the population controlled less than 1% of all household wealth in 2017-2018. The average wealth for that demographic currently sits at $35,200. ...

Aussie HNWIs slip down global rankings

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
Australia's high-net-worth population slumped in the rankings of a global wealth study as millionaires shifted their portfolio to cash amid share market uncertainty. According to Capgemini's annual World Wealth Report, the number of Australian ...

Fund managers lag on ESG

KANIKA SOOD  |  FRIDAY, 5 JUL 2019
... Group scored 74.9 (up 0.1%), Platinum Asset Management scored 66.7 (steady). The report noted Australia's ageing population as a potential ESG risk for all three businesses. "Ageing population could be a negative as industry asset mix shifts from ...

Australians rapidly gaining wealth: Roy Morgan

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
... than it was in 2007. These are the key findings from the Roy Morgan Wealth Report, this means that even allowing for population growth and inflation the average Australian is better off. The report covers the period from just before the Global Financial ...

Financial scams smash Australia

HARRISON WORLEY  |  TUESDAY, 2 JUL 2019
Latest research from KPMG shows financial scams are hitting Australia harder than both the US and UK. The consulting giant's inaugural Global Banking Fraud survey found Australia suffered a disproportionately high volume of financial scam attempts in ...

Beware tech firms in financial services

ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
... be scaled up to provide basic financial services and this is especially true in countries where large parts of the population might not have a bank. The tech companies with the most complete financial services offerings right now are based in China and ...

Facebook to launch own currency

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
... thanks to the relative ubiquity of the internet and their low costs. The tech giant said much of the world's adult population - almost half according to the World Bank - don't have an active bank account, with even more dire numbers for women. "The cost ...

Will financial advisers cease to exist?

JAMIE WILLIAMSON  |  TUESDAY, 18 JUN 2019
... country's strong economic growth, a steady stream of engineers from its universities, a growing middle class, and its population's increasing demand for financial services." Despite this, the data shows only 40% of CFA Institute members and 46% of candidates ...

Retiree savings won't last: World Economic Forum

HARRISON WORLEY  |  MONDAY, 17 JUN 2019
The World Economic Forum has weighed into the debate on the adequacy of Australia's retirement income system, releasing a report declaring average Australians will burn through their retirement savings too quickly. The report, Investing in (and for) ...