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| | | ... 2024. We think that is basically enough to support 5% GDP growth," he said. "Most people assume that the tariffs will drag down GDP by about 0.6% to 1.2%. Even if we use the pessimistic assumption that the tariff will be a 1.2% shock, the broad deficit ... |
| | | | ... "Australian superannuation funds have been growing their headcount over that time, coming into 2024, when that growth began to slow down," he said. The country head said the firm will likely expand in both business development, tech development and operations. ... |
| | | | ... funds are approaching a major change to how they conduct business. "There is a historic separation that I think will break down over the next few years. There used to be a separation of 'I'm a long-short equity manager' or 'I'm a fixed income or alternatives ... |
| | | | ... Justice Derrington threw out BUSSQ's case last month and ordered the fund to cover APRA's costs, however, BUSSQ doubled down, lodging an appeal to challenge his ruling. Separately, as previously reported by Financial Standard, APRA is proposing ... |
| | | | FIIG Securities will face court over allegations of longstanding cybersecurity failures which saw the private data of more than 18,000 clients stolen and released on the dark web. According to ASIC, FIIG failed to have adequate cyber risk management ... |
| | | | ... most Australians are satisfied with their super performance. Notably, the price increase for goods and services have slowed down in the December quarter, including food prices from 3.3% increase in the September quarter to a 3% increase in the December ... |
| | | | ... billion milestone in January. But the positive flows were insufficient to boost the market, with Australian equities flows down 44% to $791 million, while investors flocked to commodities like gold which has surged 135% to $249 million in the month. ... |
| | | | US equities face a volatile path ahead as policy uncertainty, fiscal constraints, immigration enforcement, the lagged impact of interest rate hikes, and strong dollar combine to pressure earnings forecasts, according to Morgan Stanley. The investment ... |
| | | | ... accelerate action for gender equality. While progress has been made, there is still urgent work to do when it comes to breaking down barriers to having an equitable and inclusive industry. One small win is that the gender pay gap in financial services ... |
| | | | ... said. "That's why financial advice is so valuable. There are now more affordable advice options available; women can sit down with a professional adviser or use a digital advice tool to plan their retirement and ultimately receive the advice that ... |
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