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| | | ... bank deposits currently uninsured, he believes that the banking crisis is far from over. "All banks face interest rate risk today on some of their holdings because of the Fed's rate-hiking campaign," he explained in an article for The Conversation. ... |
| | | | ... with new accounts only created for newborns from 2024 onward. It's estimated there's about 974,000 kids under 10 in NSW today. Treasurer Matt Kean said the Kids Future Fund was an investment in the dreams and aspirations of the children of the State. ... |
| | | | ... managed to see that bandwidth with a number of investments in those syndicated, indirect investments that we have running today," Sahota said. "We're really trying to grow this fund to be a well-rounded, diversified product that generates good returns. ... |
| | | | ... 25bps to 3.60%, however RBA governor Philip Lowe signaled a break could be in sight. "We are closer to a pause," Lowe said today while speaking at the Financial Review Business Summit. "It's a matter of logic really - as you increase interest rates ... |
| | | | ... billion unlisted healthcare fund, which was was launched in 1999 with a portfolio of four hospitals valued at $70 million, today has more than 10,000 investors and owns 99 healthcare-related assets across Australia. The offer, which launched yesterday ... |
| | | | Sparked by the Great Resignation, financial services candidates seeking massive salary hikes could be a thing of the past as employers reject double-digit pay increases. Financial services employees looking for a new role are asking for a 15% above-market ... |
| | | | ... currently over $3 million," said FSC chief executive Blake Briggs. "Leaving the cap stuck at $3 million will mean that in today's dollars, a 30-year-old will have a real cap of around $1 million, calling into question the intergenerational fairness of ... |
| | | | About 89% of Australian finance leaders believe the industry needs a new breed of chief financial officers. The study, conducted by Sage from January 7 to January 28 of last year, surveyed 1900 finance leaders at organisations with over 1000 employees ... |
| | | | ... The two major advice associations will merge to create the Financial Advice Association of Australia as voted by members today. Members of the Association of Financial Advisers (AFA) and Financial Planning Association of Australia (FPA) overwhelmingly ... |
| | | | ... it said both acquisitions are in line with its strategic growth objective. It also formed strategic alliances with Marcus Today and Torica Capital. Clime attributed a 27% increase in its gross income ($8.8 million) over the prior corresponding period ... |
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