Subdued GDP figures have bolstered expectations that the RBA could cut rates sooner and, possibly more aggressively, market watchers say.
Australian institutional investors plan to keep their finger on the pulse of private markets, new data has shown, with local investors aiming to further expand allocations into the sector.
The RBA has opted for a 25 bp rate cut last month to ensure that at a time of heightened uncertainty, monetary policy settings remained “predictable”.
Wilson Asset Management chairman Geoff Wilson has made it his mission to educate the Greens regarding the impact the taxing unrealised gains component of the $3 million super tax would have on Australians.
HESTA has concluded one of the largest technology projects undertaken by an Australian industry super fund.
Taking a purely passive investment approach is leaving many investors at risk of heightened valuation risks, Allan Gray and Orbis Investments have cautioned.
Australians are some of the most hopeful when it comes to retirement preparedness, with super funds’ handling of retirement savings helping play a part.
The market may be too complacent about the risks of more tariffs, UniSuper’s head of fixed interest warned this week, pointing to Donald Trump’s recent steel-related announcement and a seeming breakdown in negotiations with China.
The top end of the SMSF spectrum is likely to be hit with some eye-watering bills, but a super balance in excess of $1.5 billion is exactly the type of situation the government doesn’t want to be subsidising.
The FSC has urged the corporate regulator to exclude super funds from any additional oversight of private markets, warning that duplicative regulation would undermine their ability to deliver strong retirement outcomes.