Average mortgage lifts at fastest pace in 16yrs; Aussie consumers experience FOTU

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Consumer sentiment; Lending; Health package; RBA speech Health package: The Federal Government has unveiled a $2.4 billion health package to assist Australians in the wake of the COVID-19 coronavirus outbreak.... Read more continue reading

Following consultation, ASIC releases new regulatory framework for foreign financial services providers

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ASIC has released its new regulatory framework for foreign financial services providers (FFSPs) providing financial services to Australian wholesale clients. ‘Our new regulatory framework facilitates Australian wholesale access to foreign... Read more continue reading

The increasing economic threat from coronavirus – what to watch for and what should investors do

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Key points The rout in financial markets has continued, on the back of coronavirus, made worse by a flow on to oil markets. The risk of a deeper hit to... Read more continue reading

Robeco ranks first in ShareAction responsible investment assessment

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Robeco has come first place in the ranking by the Asset Owners Disclosure Project (AODP), a project managed by the responsible investment organization ShareAction. ShareAction ranked 75 of the world’s... Read more continue reading

Proposal to enhance flexibility for super payments endorsed

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The Government’s decision to draft laws to assist Australians aged 65 and over to boost their retirement savings has the full support of the SMSF Association. The proposed legislation, which... Read more continue reading

Praemium ESG options a platform industry first

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In response to growing investor and adviser demand, Praemium has significantly enhanced its approach to Environmental, Social and Governance (ESG) with new ESG screening and customisation platform functionality and the... Read more continue reading

ASIC consults on proposals about advice fee consents and independence disclosure

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ASIC has issued Consultation Paper 329 Implementing the Royal Commission recommendations: Advice fee consents and independence disclosure (CP 329). CP 329 seeks feedback on: draft legislative instruments that deal with advice... Read more continue reading

Australian female workers are experiencing more mental health conditions than men 

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Over half of all Australian women in the workforce (55%) have reportedly experienced a mental health condition, with a quarter believing their workplace either caused, or worsened their mental health... Read more continue reading

Finity working with corporates to bolster their social capital

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Executives at some of Australia’s biggest insurers have acknowledged they are struggling to manage their social capital, with a survey showing 83 per cent believe their organisations are falling well... Read more continue reading

Oil price war: Petrol may hit $1 a litre

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Weekly petrol prices Oil price war: A production agreement between OPEC+ nations (largely OPEC and Russia) has ended. Global oil prices fell 10 per cent on Friday and fell another... Read more continue reading