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| | | ... super balance required to achieve a comfortable retirement at age 67 as $640,000 for couples, and $545,000 for singles. Though, as previously reported by Financial Standard, ASFA's Retirement Standard was labelled too high by Super Consumers Australia. ... |
| | | | ... June 2017 and $1.4 billion in the 12 months to June 30. In line with the market, quarterly net flows fell in 2022 even though new products continued to be launched. The correlation from September 2019 to June 2022 is 0.26, Rainmaker found. When quarterly ... |
| | | | ... on critical governance issues. He added, if executed correctly, this can strengthen the very foundations of capitalism, though he acknowledged that this revolution in shareholder democracy will take years to be fully realised. |
| | | | ... has recorded a before-tax deficit of $1.2 million for the year ended June 30. FPA member numbers decreased by 7%, even though it recorded 891 new members this year. The association said this is in line with expectations due to several factors that continue ... |
| | | | ... rotation in household spending from goods, cost of living pressures, and a collapse in homebuyer confidence," Oliver said. Though, he argued the biggest driver of the slump is rising mortgage rates. "The surge in fixed mortgage rates and then variable ... |
| | | | ... cash rate increase in November. The majority (90%) forecast another 25-basis point rise, bringing the cash rate to 2.85%. Though, there is widespread discrepancy amongst economists as to whether this is the right move. Only 49% of economists agree with ... |
| | | | ... spend. In terms of headcount, the culling of 2700 staff is already underway, and will cut a total of 9000 jobs by 2025 end, though didn't specify which jobs would go. The group lost over $6 billion last quarter and has been the subject of several scandals ... |
| | | | ... current tax treatment of digital currencies, including the capital gains tax treatment where they are held as an investment. Though rather than to effect change, this measure was intended to remove any uncertainty following the El Salvadorian government's ... |
| | | | ... (RBA) cash rate total return index and uses a combination of risk premia and cash strategies to provide additional returns. Though, the fund doesn't provide clients with a guaranteed return. Since July 2022, the fund has delivered a total return (net ... |
| | | | Australia has been ranked the seventh most financially inclusive market out of 42 around the globe. Principal Financial Group's Global Financial Inclusion Index, conducted by the Centre for Economics and Business Research, is built around three pillars ... |
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