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Showing 1 - 10 of 5620 results for %22Money%22

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
... considering it to be a scam - down from 14% in 2019 to 6% in 2024. In addition, 69% of Australians consider Bitcoin to be either money, a store of value or an investment asset, up from 63% in 2022. According to research from Caleb & Brown - a crypto ...

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... paper states. Those on lower incomes and therefore lower superannuation balances tend to have a relatively low amount of money for a house deposit. "Indeed, given that the measure would be likely to lead to higher house prices, and thus higher required ...

New SMSF solution for Islamic Australians launched

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... property over any other asset class because of its physical nature and history of steadily increasing value. However, borrowing money to buy property and paying interest was forbidden (riba) under Islamic finance (Sharia) principles. With the Islamic ...

Australia's wealthiest women not getting the advice they need

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... the next decade as Australia faces the greatest wealth transfer in its history. Not only will Baby Boomer families pass on money, but it is projected that for at least two decades post inheritance women will oversee the family finances as they outlive ...

ASIC's harsh words to directors: 'It's not meant to be easy'

ELIZA BAVIN  |  FRIDAY, 22 MAR 2024
... takes an active stance of curiosity and asks the right questions - to understand their business, and how that business makes money. When that happens, you have a good chance of having a business that doesn't just comply - it thrives." Longo said there ...

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... reforms that changed the way consumers access their retirement savings, giving them more choice around what to do with their money. Since then, those aged over 55 could spend their pension how they please, including withdrawing 25% tax-free. Previously ...

Third person pleads guilty in Courtenay House Ponzi scheme

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... for which he was responsible for referring new investors and marketing the business. Sipina also confessed to dealing with money which was, and which he believed to be, the proceeds of crime. This money came in the form of commissions received for promoting ...

Markets, economies benefit from eustress: ABDO

KARREN VERGARA  |  WEDNESDAY, 20 MAR 2024
... from 0.10% to today's 4.35% has sparked worrying levels of stress for individuals and businesses and speaks to the cost money - which is no longer cheap. Most people would agree that the cash rate of 4.35% is high, Paton said. "However, over the last ...

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... over two years ago and long predating the establishment of the scheme," she said. She warned that it will take time and money for AFCA to process legacy complaints as many claims will fall into the period for which financial advisers will be charged ...

Brighter Super signs David Koch as ambassador

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... was quoted by the fund as saying he would be an asset to the Brighter Super membership. "He knows so much about managing money and has always been a strong voice, speaking up in the best interest of Australians," the member said. "I think he will be ...
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