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| | | ... leading index is in line with a recession, and it has been in line with a recession for about 12 months. So, this goes to the point that old school indicators do not work anymore in the current cycle that we're in." Mousina pointed to the yield curve ... |
| | | | ... and sees a "mismatch" in investment approaches. "I think you will see a portfolio adjust over time... we are still in that point in the cycle where I think private markets assets are adjusting to a higher interest rate environment," Mannock said. "There ... |
| | | | Australian gross domestic product (GDP) rose just 0.2% in the June quarter 2024 and by 1.5% in the 2023-24 financial year, according to the Australian Bureau of Statistics (ABS). ABS head of national accounts Katherine Keenan said: "The Australian economy ... |
| | | | ... and additional increase to Commonwealth Rent Assistance are expected to directly reduce inflation by half of a percentage point in 2024-25 and are not expected to add to broader inflationary pressures." Chalmers acknowledged that inflation is still higher ... |
| | | | ... "It makes almost no sense. We have a system that was set up to invest saving for people's retirements and we are now at a point where we are asking trustees to solve really difficult problems of how people have a safe and secure retirement, and that ... |
| | | | ... data-informed regulator. "ASIC's objective is to provide a single digital front door, which offers a convenient and intuitive entry point for all stakeholders, including regulated entities and consumers in their digital interactions with ASIC," the regulator ... |
| | | | ... unacceptable in one of the richest countries in the world on a per capita basis. "Housing affordability has reached crisis point and rates of chronic disease and mental illness are rising." Wilson said there were several opportunities for Australia to ... |
| | | | ... inherently an opaque asset class... This opacity, coupled with the illiquid nature of these investments, should be a focal point for investors to be aware of," Datt said. Volatilities in the economy are forcing many investors to liquidate their assets ... |
| | | | MA Financial has announced two new agreements - with each deal worth up to $1 billion - to expand its real estate investment options for institutional investors, including introducing an Australian-first program. A collaboration with Warburg Pincus ... |
| | | | The cost of a comfortable retirement increased by about 1% last quarter, with couples aged 65 now needing $73,337 per year, and singles requiring $52,085, according to the latest data from the Association of Superannuation Funds of Australia (ASFA). ... |
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