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Last Updated: Tuesday, 29th April, 11:25PM
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Last Updated: Tuesday, 29th April, 11:25PM
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![]() | JANA Appointed to Guide $655 Million Indigenous Investment Strategy Tue, 29 Apr: Aboriginal Investment NT (AINT), a trailblazing Indigenous Australian-led investment initiative, has enlisted JANA—a prominent Australian asset consultancy—to aid in the stewardship of its substantial $655 million Commercial Investment Portfolio (CIP). The initiative is composed of two distinct funds: the Community Ready Fund and the Future Fund, each aiming to drive economic and social empowerment across the Northern Territory. - read more
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![]() | Class Expands Integration with Major Share Registries Tue, 29 Apr: Class, a leading accounting software provider, has announced the integration of Automic’s data stream, resulting in comprehensive access to data from major share registries. This move enhances existing connections with BoardRoom, Computershare, and MUFG Pension & Market Services, and gives Class users access to the share registry data of 97% of Australian Securities Exchange (ASX)-listed companies. - read more
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![]() | ASIC Highlights Superannuation Trustees' Shortcomings in Death Benefit Management Tue, 29 Apr: In an insightful report, the Australian Securities and Investments Commission (ASIC) has scrutinised the practices of ten superannuation trustees in handling death benefit claims. The findings, outlined in Report 806, reveal both commendable practices and notable shortcomings that have led to financial and emotional distress among beneficiaries. This comprehensive examination sheds light on the inconsistencies and inefficiencies that plague the current claims process, ultimately urging trustees to improve their service delivery. - read more
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![]() | Melbourne Man Loses $20k in Costly Email Scam Tue, 29 Apr: A Melbourne resident, Brett D’Souza, has encountered a significant financial setback after losing $20,000 through an email interception scam. The funds, earmarked for legal fees, vanished following four bank transfers purportedly initiated under legitimate premises. Yet, only two weeks after the transactions, he discovered he had been a victim of fraud. - read more
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![]() | How Much Life Insurance Do I Need? There are many different reasons to purchase life insurance (generation skipping tax, estate plan, estate preservation, surviving spouse needs, planning for your children's future and more). There is no right amount of life insurance, but here are some guidelines that might help you decide how much life insurance you need. - read more
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![]() | Fixed vs. Variable Interest Rates: Which Car Loan is Right for You? Purchasing a car is a major financial decision for many Australians, and it often involves securing a loan. With numerous options available, navigating the car loan landscape can be overwhelming. Understanding your choices is essential for finding the loan that best suits your needs. - read more
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![]() | How Credit Card Balance Transfers Can Damage Your Credit Rating Since the banks and finance providers have been castigated for the way they seemingly indiscriminately awarded credit to people who could ill afford it, the chances of being accepted for loans and credit cards have decreased. Concurrently, there is a greater focus on individual's being aware of how credit works and what their financial behaviors means in terms of a credit score and history. - read more
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![]() | Family Planning: Exploring Life Insurance Options for New Parents Stepping into parenthood comes with a myriad of responsibilities, one of which includes securing your family's financial future. Life insurance serves as a financial cornerstone for young professionals who are navigating the complexities of family planning. Recognizing the significance of the role insurance plays can empower new parents to make informed decisions that corroborate their family's safety and well-being. - read more
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