The 2021-22 Australian Budget – spending the growth windfall to further grow the economy towards full employment

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Key points The Government now expects the Federal budget deficit to peak at $161bn this financial year (down from $214bn in October’s Budget) and fall to $107bn in 2021-22. The... Read more continue reading

Lonsec awards recommended rating to Robeco SDG Credit Income Fund (AUD Hedged)

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The Robeco SDG Credit Income Fund (AUD Hedged) (“Fund”) has received a recommended rating from independent research house, Lonsec. Robeco launched the Fund – which aims to contribute to realising... Read more continue reading

FPA welcomes greater flexibility in superannuation and aged care support announced in 2021 Federal Budget

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The Financial Planning Association of Australia (FPA) welcomes a number of necessary changes to superannuation and aged care outlined tonight in the 2021 Federal Budget. “The FPA supports a commitment... Read more continue reading

SMSF Association measures adopted in positive Budget for SMSFs

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The SMSF Association has applauded measures in this year’s Federal Budget that aim to reduce complexity and make it easier for older Australians to top up their superannuation. Commenting on... Read more continue reading

Federal Government’s Budget delivers changes to super but more needed

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The Federal Government’s 2021-22 Budget, delivered tonight by Treasurer Josh Frydenberg, has outlined a raft of policy measures to guide Australia’s economic recovery after the COVID-19 lockdown, the Actuaries Institute... Read more continue reading

Brave structural moves left on the shelf

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Tuesday’s federal budget delivers enough for businesses to keep them sailing along as the economy becomes more buoyant, but it lacks great vision for the direction of the country, instead... Read more continue reading

Federal Budget and seniors: PLS changes are welcomed

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Major enhancements that Pension Boost has been advocating for will be made to the Pension Loans Scheme (PLS) from 1 July 2022. A No Negative Equity Guarantee will apply to... Read more continue reading

Dr Deborah Ralston announced as Chair of the Household Capital Advisory Board

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Dr Deborah Ralston will take on the role of Chair of the Household Capital Advisory Board from May 2021. Dr Ralston is one of Australia’s preeminent thought leaders in financial... Read more continue reading

AMP Australia CEO announces new team to lead transformation of the AMP Australia business

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AMP Australia Chief Executive Officer Scott Hartley has announced his new leadership team and an updated operating model, designed to deliver increased performance and greater efficiency for the Wealth Management... Read more continue reading

National rental vacancy rate drops in April

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SQM Research has revealed the national residential rental vacancy rate dropped to 1.9% over the month of April 2021 from 2.1% in March, with suburban vacancy rates continuing to fall,... Read more continue reading