Growth capital, private investments’ value creator – now worth over $30bn

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Private capital investment is booming and last year the Australian industry reached a new high of more than $30 billion in assets under management. Growth capital investors will meet in Sydney this tomorrow (29 August) to discuss developments in the private investment sector and the value it creates for the Australian economy. Large private equity deals, […]

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Investors need to keep sharp eye on commercial property opportunities

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The beginning of a recovery in residential property prices should not deflect investors or self-managed super funds (SMSF) trustees from considering the long-term benefits of investing in commercial property, says Jonathan Street, CEO of the specialist commercial property lender, Thinktank. “Falling residential property prices over the past couple of years has been a good reminder […]

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Good financial returns may be hard to find

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“Intensified trade tensions and disappointment with interest rate cuts by the Fed could provoke a relapse in equity markets.” That’s the view of Principal Global Investors Chief Global Economist, Dr Bob Baur. Writing in his July monthly economic notes, Dr Baur argued that even if world growth picks up as expected, good financial returns might […]

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Food presents significant investment opportunity but needs to be done responsibly

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The ability to influence the long-term sustainability of food supply chains and support the health of the planet, has driven First State Super’s interest the food and agricultural sector, according to Chief Investment Officer Damian Graham. Speaking this week in Sydney, Mr Graham said issues relating to production, utilisation and wastage would become increasingly critical […]

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SMSF Property development – issues to consider

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Can an SMSF be used to develop a property? Yes, but there are some superannuation compliance issues that arise when considering whether to develop a property in your SMSF. John and Mary want to knock down and rebuild a property in their SMSF Let’s consider an example of John and Mary who own a property […]

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Under-insured Aussies turn to crowdfunding in hard times

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The failure of people to take out adequate life, income protection and TPD insurance is driving a boom in online crowdfunding websites according to new research from Integrity Life (Integrity).   Integrity’s research found that Australians are stepping in to bail out those without adequate cover: 35% of respondents said they have donated following the death, illness or […]

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CPD: Neo-chartalists or neocharlatans? A dive into Modern Monetary Theory

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A small revolution is brewing in the world of macroeconomics. It’s an idea that counts a Democratic socialist presidential candidate and a hedge fund manager among its adherents. The economics team at Payden & Rygel, manager of GSFM’s Payden Global Income Opportunities Fund, write about Modern Monetary Theory, popularly known as MMT. The team breaks […]

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CPD: The role of the Centrelink PLS in addressing Australia’s retirement funding challenge

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Australia’s retirement income policy has been traditionally framed as having three pillars: superannuation, non-superannuation savings and the Age Pension. However, for many Australian baby boomers these three pillars provide inadequate resources to fund 25+ years of retirement. Will the government’s revamp of its Centrelink Pension Loans Scheme (PLS) fill the void? Household Capital discusses the […]

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The hidden cost of retirement

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Recent discussion in the media has suggested that the dollar amount needed for a comfortable retirement has been overstated. While it is true that many of us can get by in our retirement with less than the often-quoted recommendation of ‘at least a million dollars in super’, there are significant costs associated with ageing that […]

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ASIC proposes to ban unsolicited telephone sales of life insurance and consumer credit insurance

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ASIC is inviting feedback on its proposal to ban unsolicited telephone sales of direct life insurance and consumer credit insurance (CCI). Such a ban would prevent the sale of complex insurance products which consumers do not need, want or understand. Before it makes a final decision, ASIC has today issued a consultation paper seeking views […]

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