FEDERAL BUDGET

Financial planning

The Financy Women’s Index has slipped for the second quarter in a row as cost-of-living pressures continue to bite. ...

Features

While many welcomed Treasurer Jim Chalmers’ second budget with its $14.6 billion cost-of-living plan, some industry professionals are concerned with what was left out. ...

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 informatio...

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 governm...

Funds management

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

Policy & Regulation

Speaking at the 2023 ACSI Annual Conference, Minister Stephen Jones said the government would prefer doing “too much too soon, not too little too late” on its sustainabil...

Policy & Regulation

Redesigning the Stage 3 tax cuts and increasing the age to access super by five years are among the suggestions from the Grattan Institute to boost revenue. ...

Financial planning

The Government has announced a series of measures and one-off payments to help Australians cope with the increased cost of living....

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Policy & Regulation

The corporate regulator and the Reserve Bank will have more power to intervene to manage a crisis and preemptively identify and manage risks in financial market infrastru...

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Superannuation

Balanced superannuation funds have returned 14.5% over the 2020-21 financial year to date thanks to an improving economic situation and confidence in state and federal va...

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Policy & Regulation

Treasurer Josh Frydenberg’s office is arguing that the Australian Securities and Investments Commission has not missed out on staffing resources in the Budget. ...

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Policy & Regulation

While the other regulators grew their staff numbers, the Budget papers point to a net loss for ASIC. ...

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Life/Risk

The life insurer supports the Government’s plan announced in the Budget to develop a streamlined mechanism to transfer life insurance customers from old legacy products t...

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Policy & Regulation

New NATSEM modelling points to mid to high income earners doing best from the Government’s extension of the low and middle income tax offset. ...

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Funds management

Decisions made by the Government have been good news for markets as they may prevent repeat problems that have come from prior recessions, according to Yarra Capital Mana...

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

4 days 7 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

4 days 8 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

5 days 7 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

8 months 4 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago