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| | | The Reserve Bank of Australia (RBA) has decided to increase the cash rate target by 50 basis points to 85 basis points. The central bank also raised the interest rate on exchange settlement balances by 50 basis points to 75 basis points. At its meeting ... |
| | | | ... was completed in April this year but retains its own trustee through until 2026. Brighter Super will be a $31 billion fund, home to 260,000 members. |
| | | | Cbus has acquired a 10% interest in a local offshore wind project owned by Copenhagen Infrastructure Partners. The industry fund acquired the stake in Star of the South, Australia's largest offshore wind project majority owned by CIP via its flagship ... |
| | | | ... the money into super." To be able to contribute proceeds from a property sale into super, clients need to have owned their home for 10 years or more. A downsizer contribution - up to $300,000 maximum - doesn't count towards any of the contribution ... |
| | | | ... product. While it's not clear how many members will be impacted by the latest sub-plan closures, in total OneSuper is home to about 28,000 members. The GROW Super product was closed last month and assets transferred to Smartsave. Meanwhile, Brightday ... |
| | | | ... operations manager with more than 10 years' experience could make between $130,000 and $170,000, while a senior analyst could take home between $105,000 and $130,000. Mid-level analysts or associates stand to make between $80,000 and $105,000, while ... |
| | | | ... there tends to be more balance between men and women at analyst level. Vilijoen also suggested post pandemic working from home flexibility may help open doors for more female leaders. As we push towards greater equality, there will always be resistance. ... |
| | | | ... super a strange but huge experiment that should be made voluntary for Australians earning under $50,000. "Super is making home ownership much harder for lower income Australians," he added. Over the years, Bragg hasn't changed his tune on Australia's ... |
| | | | The Coalition's super home buyer proposal could leave thousands worse off, even if they don't access the scheme, Industry Super Australia (ISA) has said. ISA said that under the super home buyer scheme, funds would be forced to carry more cash. As cash ... |
| | | | ... equivalent to two million transactions on the Visa network, or roughly the same energy needed to power the average American home for over two months," PGIM said. "From a governance perspective, the anonymity and difficulty in tracing identity of owners ... |
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