Rents record largest falls since COVID

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Australian capital city asking rents have recorded the largest monthly rental falls since the outbreak of Covid with a combined dwelling rent decline of 0.5% for the capital cities over... Read more continue reading

Financial advice changes are critical for Aussie workers struggling with the cost of living and mental health, new report finds

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Australian workers need more ways to get financial advice to secure their future as they struggle under the pressure of intense cost of living increases and mental health challenges, according... Read more continue reading

Weekly economic and market update, week ending 9 August, 2024

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Investment markets and key developments Following a bad start to the week on worries about a US recession made worse by investors rushing to unwind risky positions in response including... Read more continue reading

ANZIIF Stress the Importance of Insurance in Maintaining Financial Health

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The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) emphasise the importance of insurance in safeguarding the financial health of the public. New statistics from the Australian Bureau... Read more continue reading

Tomoko Ueda named as BlackRock’s Chief Operating Officer for Asia Pacific

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BlackRock has appointed Tomoko Ueda to the position of Chief Operating Officer for Asia Pacific, effective September 3. This appointment expands the role played by Ms. Ueda, who oversees all business... Read more continue reading

Dixon Advisory and CSLR anger – part one

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After presenting the regulatory update at the May 2024 FAAA Roadshow, with 10 presentations delivered around the country covering our objections to the way the Compensation Scheme of Last Resort... Read more continue reading

Federated Hermes strengthens Australia distribution team

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Federated Hermes, a global leader in responsible investment solutions, has strengthened its Australia business with the appointment of Elizabeth White to its Australian and APAC distribution team. In the newly... Read more continue reading

AZ NGA, Entireti and AMP announce strategic partnership

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Professional services group, AZ NGA, and advice business services group, Entireti (formerly Fortnum Private Wealth), have entered a strategic partnership with AMP Limited (AMP) that will transform the advice industry... Read more continue reading

AMP announces 1H 24 results

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Overview Underlying Net Profit After Tax (NPAT) up 5.4% to $118 million (1H 23: $112 million) AMP Bank underlying NPAT of $35 million (1H 23: $57 million), reflecting previously flagged... Read more continue reading

TAL Health Sense Plus updated to help encourage Australians to take simple steps to monitor their health

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Australian life insurer, TAL, has updated its preventative health program, TAL Health Sense Plus, giving customers easier access to a discount for taking simple steps to protect their health. Under... Read more continue reading