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Last Updated: Sunday, 9th March, 1:25AM
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![]() | RBA Deputy Justifies Controversial Rate Cut Amid Inflation Concerns Thu, 06 Mar: The Reserve Bank of Australia's (RBA) deputy governor has firmly defended the recent decision to reduce the official cash rate despite internal warnings about persistent inflation pressures. In February, the RBA lowered the cash rate from 4.35% to 4.10%, a move followed by claims that this contradicted forecasts predicting sustained inflation above the target. - read more
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![]() | Groundbreaking Digital Advice Platform for Super Fund Members Thu, 06 Mar: UniSuper, Australia's fourth largest super fund with $149 billion under management as of 31 December 2024, has introduced a pioneering digital advice platform. Announcing this partnership with Ignition Advice, UniSuper revealed plans to offer its members comprehensive digital guidance on superannuation, insurance, investments, and retirement strategies starting in June. - read more
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![]() | Insurance Brokers Challenge Opposition’s Divestment Strategy Thu, 06 Mar: Opposition Leader Peter Dutton’s proposal to dismantle major insurance companies to boost competitiveness and reduce premiums has sparked significant pushback from industry brokers. The suggestion, criticized as ineffective, faces opposition from those who argue that the root causes of high premiums lie elsewhere. - read more
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![]() | Platform Providers Expanding Alternative Asset Offerings Wed, 05 Mar: Investment Trends' latest Platform Competitive Analysis and Benchmarking Report highlights a significant shift among platform providers in the finance industry. They are increasingly offering investment options in private markets, responding to heightened demand from high-net-worth (HNW) clients. The report indicates that 32,000 additional HNW individuals are keen to explore private asset investments, supplementing the existing 146,000 investors already engaged in private equity. - read more
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![]() | Claims Made Simple: What to Expect When Filing Hotel Insurance Claims Running a hotel is a complex operation that involves many moving parts. From welcoming guests to maintaining the property, there's a lot to manage. One critical aspect that often flies under the radar is hotel insurance. This form of insurance plays a crucial role in safeguarding your business from unforeseen events that could disrupt operations or impact your financial health. Whether it's damage from natural disasters or unexpected liabilities, insurance is your safety net. - read more
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![]() | What Hospitality Business Owners Need to Know About Income Protection Insurance The Australian hospitality industry is renowned for its vibrancy, yet it also faces significant challenges. With fluctuating demand, seasonal changes, and unpredictable external factors such as economic downturns and pandemics, hospitality businesses often operate in a high-risk environment. For hotel operators, the stakes are even higher due to substantial investments in property, staff, and customer service. - read more
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![]() | Disability Income Protection: What Every Hotel Operator Needs to Know Running a café is a rewarding yet challenging endeavor. With the hospitality industry being fast-paced and ever-changing, café owners often face unique financial challenges. Operating in an industry that is both physically demanding and unpredictable can sometimes lead to unforeseen circumstances that affect the stability and success of your business. - read more
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![]() | The Importance of Disability Income Protection Programs for Cafe Owners Running a cafe is more than just a business; it’s a passion for many. However, for cafe owners, the risk of an injury or illness that could interrupt their ability to work is a genuine concern. Disability income protection is crucial as it provides financial security if you're unable to earn an income due to health issues. - read more
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