Is Australia a good place to invest?
Datasets used to measure past trajectory of Australian population and cultural changes can be drawn upon to predict how Australia’s future will be shaped, according to Bernard Salt at the Lonsec Symposium.
“Is Australia a good place to invest? Your youth, your energy, you career, your life, your family, your future over the next 10 years,” Salt told delegates at the Symposium.
“It’s a reasonable question to ask… should you have faith in Australia, I say unequivocally yes.”
Salt said Australia had what the rest of the world wanted and should be a prosperous people for generations into the future.
“I think there’s going to be a mad scramble for food, energy, resources, commodities, space, security and lifestyle,” Salt said.
“We need to manage geopolitical risk and we need to manage issues around social cohesion.”
Recommended for you
With HNW investors representing the largest market for alternative assets, Praemium and CoreData research underscores why this presents a compelling opportunity for advisers.
Having completed the successful integration of Diverger, Count has upgraded its forecast for expected synergy benefits achieved by the acquisition by a third.
Australia’s largest licensee has seen the biggest number of adviser losses over the past week, while the expected wave of new entrants has boosted overall adviser numbers.
Iress has increased its forecast adjusted EBITDA by $5 million for the 2023/24 financial year in light of the sale of its platform business to Praemium and hinted at a return to dividend payments.
