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| | The average household wealth of Australia's richest 10% increased by 84% in the past 20 years, while that of the lowest 60% increased significantly less. A new report from ACOSS and UNSW Sydney's Poverty and Inequality Partnership - titled Inequality ... |
| | | ... separate Oxfam study reveals that billionaires are US$3.3 trillion richer than in 2020, with their wealth growing three times faster than the rate of inflation. Despite representing just 21% of the global population, rich countries in the north own 69% ... |
| | | ... transparent market) shows that, despite having lower credit quality, private credit assets tend to have smaller markdowns during times of stress." The IMF said that while private credit fund leverage appears to be low, there is potential for multiple ... |
| | | ... service quality issues; and 62% accounted for administration error complaints. Bypassing IDRs has consequently aggravated wait times in AFCA allocating caseworkers to complainants. "We have increased our caseworker resources to assist in managing our ... |
| | | ... malls, as landlords mark rents up to better reflect economic reality and the strong inflation we've experienced in recent times." |
| | | ... delivering a new online communication and messaging service, ultimately increasing efficiency and decreasing processing times on requests," Constable said. While the data migration will result in fee reductions for some members, the "ultimate goal" is ... |
| | | ... Preqin's database. The number of Australia-based family offices tracked by Preqin to be actively investing is now eight times the number it was over the same period. The report also found higher interest rates increased pressure on margins for private ... |
| | | ... had made representations that were false or misleading." Today, Justice O'Bryan found Vanguard broke the law numerous times, breaching the ASIC Act when it made representations about the screens it was applying to the fund. This was to have occurred ... |
| | | ... higher divorce rates, especially among older generations, HNW women are often required to navigate wealth management, at times without prior experience or existing relationships with professionals. The research found these women, most of them time-poor ... |
| | | ... past few months had been particularly volatile, with financial markets expecting the Fed to cut policy rates at least six times this year. "The hot January and February inflation and jobs reports prompted markets to significantly revise their expectations ... |
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