As Australia counts down to a rate cut, an economist has emphasised the critical need for a boost in productivity.
It seems the government is still determined to push through its controversial super tax legislation, according to its Tax Expenditures and Insights Statement released today.
While Australians are feeling increasingly confident about their retirement, concerns remain, according to an investment manager.
Large super funds are at the forefront of setting standards for the governance of unlisted asset valuations, according to the Australian Prudential Regulation Authority (APRA).
Bitcoin’s recent surge above US$105,000 has fuelled predictions of a continued monumental rise, yet many Australian super funds remain hesitant to dive into the world of digital assets, with one fund admitting it is keeping an eye on the space.
Another year of volatility and uncertainty has come and gone.
APRA has raised an alarm about gaps in how superannuation trustees are managing the risks associated with unlisted assets, after releasing the findings of its latest review.
With an anticipated second bout of inflation following the re-election of Donald Trump, infrastructure assets – due to their “pass-through mechanism” – are likely to attract investor attention in 2025, according to a fund manager.
The ASX is on track to end 2024 with fewer listed companies than it kicked the year off with, signalling a significant shift towards private markets.
Weakness in the Chinese economy is set to weigh heavily on Australia’s budget, with mining exports expected to be downgraded by about $100 billion and company taxes by $8.5 billion over the next four years.