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| | | The Financial Advice Association Australia (FAAA) has made a submission to the Senate Economics Committee inquiry into wealth management companies, highlighting financial advisers' concerns around the Compensation Scheme of Last Resort (CSLR). Specifically ... |
| | | | The Reserve Bank of Australia (RBA) surprised no one by leaving the official cash rate on hold at 4.35% at its final meeting of the year. While this was the ninth consecutive month the central bank has kept the cash rate steady, the decision was met ... |
| | | | The supply-side productivity-enhancing reforms of the Hawke/Keating Labor government, continued by Howard/Costello, have since stalled, leading to a decline in productivity - a key catalyst in the deterioration of living standards, according to AMP ... |
| | | | ... primary macroeconomic concern. With price pressures now easing, these funds are shifting focus to the long-term drivers of economic and market outcomes, with close to 60% identifying technological change or equilibrium real interest rates as the key ... |
| | | | ... and vulnerable groups - those with more debt. In addition, the data showed that the economy is still weak in places. "Economic stresses are still evident, especially amongst 30-something mortgage holders," Hasseldine said. "The outlook for lower income ... |
| | | | The Albanese government has reappointed 24 members to the Financial Services and Credit Panel (FSCP) for a three-year period beginning 1 January 2025. The candidates bring with them a range of knowledge and experience across the fields of business ... |
| | | | After completing due diligence, Regal Partners says it is no longer interested in acquiring Platinum Asset Management. It comes as the latter confirms its first deal under the new Platinum Partner Series initiative. In late September, a bid from Regal ... |
| | | | ... fragmented blocks. Efforts by both powers to diversify supply chains and secure technological sovereignty are "deepening economic divides." The report said challenges to global frameworks, rising fragmentation, and direct and indirect conflict, increase ... |
| | | | ... beneficiary of the account holder's superannuation death benefits. "Something is very wrong when the perpetrators of economic abuse receive their victim's superannuation earnings," the report read, noting that in essence, perpetrators in no way ... |
| | | | ... of stability, attractive yields, and strong collateral protection. "Australia's mature market, supported by robust economic foundations, strict regulatory requirements for banks and the need for more alternative capital sources provides a good foundation ... |
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