Budget 2023: Signal of ’Tetris moment’ for responsible investment

RIAA/Budget/Jim-Chalmers/

| By Rhea Nath |

With significant action towards sustainable finance announced in the 2023–24 budget, the building blocks are now in place for meaningful change, according to RIAA’s chief executive, Simon O’Connor.

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RIAA

Budget

Jim Chalmers

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Rhea Nath

Rhea L Nath is a journalist at Money Management. She has previously worked as a business reporter with Dynamic Business and journalist in the multicultural media with Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.

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HUB24 strengthens relationship with Striver

striver/HUB24/education/

| By Laura Dew |

People & Products

HUB24 is expanding its relationship with HR technology platform Striver to extend its range of adviser education resources.

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striver

HUB24

education

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Budget 2023: Advice industry reacts to policies

federal-budget/Budget/Jim-Chalmers/FSC/

| By Laura Dew |

Financial planning

The Financial Services Council and Financial Advice Association Australia have welcomed the 2023 budget from Treasurer Jim Chalmers but feel there is a lack of information for advisers.

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Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Budget 2023: NAB 'concerned' RBA will hike again

amp/NAB/RBA/federal-budget/Budget/

| By Charbel Kadib |

Funds management

The major bank's chief economist said the RBA may hike rates further, despite stating he is "worried" the economic slowdown would be sharper than projected in the government's budget.

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Charbel Kadib

Charbel is an experienced financial services journalist, previously serving as news editor of The Adviser and Mortgage Business. Prior to joining Money Management, he also covered defence and national security developments as news editor of Defence Connect, Cyber Security Connect, and Space Connect. Charbel graduated from the University of Notre Dame with a double major in politics and journalism.

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Budget 2023: Economic growth to slow to 1.5%

federal-budget/Budget/Jim-Chalmers/treasury/

| By Laura Dew |

Funds management

Treasurer Jim Chalmers has warned economic growth is expected to slow to 1.5 per cent in 2024.

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Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Budget 2023: Chalmers delivers Budget speech

Jim-Chalmers/treasury/Budget/

| By Laura Dew |

Funds management

Treasurer Jim Chalmers has handed down his second Budget, outlining how Labor is preparing Australians for its ‘defining decade’ by helping with cost-of-living pressures.

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Jim Chalmers

treasury

Budget

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Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Big banks bolster bottom lines but pressures persist

banking/Big-four-banks/interest-rates/inflation/financials/

| By Charbel Kadib |

Funds management

Higher interest rates have helped deliver a 10 per cent boost to the major banks’ collective earnings, but weakening economic activity and heightened competition have dimmed the outlook.

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Charbel Kadib

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Green or greed: How do Australians view ESG?

clearbridge/sustainable-funds/investing/climate-change/

| By Jasmine Siljic |

Funds management

While Europe steams ahead with sustainable investment, Australian investors sit on two ends of the ESG spectrum when it comes to sustainable funds, according to ClearBridge.

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Jasmine Siljic

Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.

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Australians favour families’ retirement over inheritance

inheritance/inheritance-planning/aged-care/retirement/

| By Rhea Nath |

Financial planning

Amid aged care funding discussions, new research reveals 73 per cent of Australians would be willing to forego an inheritance to let older family members enjoy a comfortable retirement.

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