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The Australian Prudential Regulation Authority (APRA) has announced major changes to the structure of bank hybrid securities, which have been used as a defensive investment for some retail investors for years.
Latest Life Insurance Claims and Disputes Statistics show clients with an adviser relationship get better outcomes in the claims process.
Last night, Treasurer Jim Chalmers handed down his third budget trying to balance the fine line between providing cost of living relief and not stoking more inflation, aiming to avoid a pre-election interest rate rise.
The Federal Treasurer Jim Chalmers took 31 minutes to announce his first full year budget for the Albanese Labor Government last night as he tried to provide more for those in the community most negatively impacted by rising inflation without fuelling inflation itself.
The Albanese Government has handed down its self-described "solid and sensible" budget in a very different economic environment to March this year when the Morrison government was revealing theirs.
Scamwatch, the scam monitoring service run by the Australian Competition and Consumer Commission (ACCC), is alerting the public to a new trend re-targeting previous scam victims with offers of help to recover lost money.
The Treasurer has handed down a relatively responsible Budget, with a strong focus on cost-of-living measures along with some small-business support, cyber-security and infrastructure spending.
