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| | | Stronger business and government investment, population growth and budget positions have seen Australia record its best international competitiveness ranking since 2011. The nation rose from 19th to 13th in the IMD World Competitiveness Yearbook 2024 ... |
| | | | J.P. Morgan Asset Management (JPMAM) and iCapital have launched a new Australian domiciled fund designed to afford wholesale investors access to small to mid-market private equity opportunities. The fund, managed by iCapital, and will invest in an underlying ... |
| | | | ... risk appetite statement isn't required for many smaller licensees, Derham said the lack of documented risk registers show many risk management frameworks are still inadequate. This is despite respondents saying risk management is one of the top three ... |
| | | | ... can temporarily reduce profits until new team members contribute effectively." Practices with up to $500,000 in turnover show a level of profitability and satisfaction higher than benchmarks for EBIT and satisfaction, the research found, noting that ... |
| | | | Taxation statistics for the 2021-22 financial year revealed the average superannuation balance fell from $170,000 in 2020-21 to $164,000. The Australian Taxation Office (ATO) released its annual taxation statistics report, showing the total tax revenue ... |
| | | | A client book full of older clients are fetching a higher premium compared to last year, new advice practice valuations show. The Radar Results June 2024 price guide reveals that books of investment and super clients aged 80+ years old have seen their ... |
| | | | ... the last developed market central bank to cut rates. "Additionally, high wages growth in both public and private sectors show no significant sign of easing, as unemployment hovers near record lows. The stage 3 tax cuts that are rolling out in a couple ... |
| | | | Draft regulation of the first tranche of the Delivering Better Financial Outcomes reform package is now up for consultation. Treasury Laws Amendment (Delivering Better Financial Outcomes) Regulations 2024 has five sections that aim to make access to ... |
| | | | ... distribution of these benefits is incredibly unequal," Australia Institute research fellow Minh Ngoc Le said. "Treasury estimates show that, dollar for dollar, high income earners actually receive more government support than those on middle and low ... |
| | | | ... now" particularly in this current economic environment. "We've all got sophisticated financial modelling software, which show clients have enough now and for the rest of their lives. Working more on what you can give while you're alive is becoming ... |
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