FSC joins coalition to boost financial services
The Financial Services Council has joined a new coalition of industry groups to promote financial services and employment across the sector in a bid to transition away from the mining boom.
The FSC is one of the founding members of the Future Economy Forum, which includes industry groups from sectors such as tourism, agribusiness, international education and information technology.
FSC chief executive, Sally Loane, said: "As we transition from a mining economy to a services economy, our message to the Prime Minister and other political leaders is that we have the skills, expertise and flexibility to build stronger and more innovative industries and create thousands of new jobs in our transforming economy".
The Forum was created to work with government to create employment opportunities in the sectors in the future, and it has urged the Federal Government to develop a future economy strategy for reform to support growing industries like financial services.
It aims to focus on six main policy issues: taxation, workforce, infrastructure, innovation, sustainability and trade.
Other groups in the coalition include the Tourism and Transport Forum Australia (TTF), the National Farmers Federation (NFF), the International Education Association of Australia (IEAA), and the Australian Services Roundtable (ASR).
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.