Friday, December 2, 2022

Sydney parents to pay double private school fees: How to cut your costs

0
Sending a child to a private school in Sydney from this year will cost parents on average $460,000, more than double the cost that parents in Perth will have to pay. In addition, in Melbourne, it is estimated parents will fork out $400,000 over 13 years for children starting school this year, according to new reports by Futurity Investment Group.

Digitalisation helps values-based banks to address financial exclusion

0
According to a recent survey by the Global Alliance for Banking on Values (GABV) among its member banks' Chief Executive Officers, values-based banks are moving from basic digital services to more sophisticated digital offerings, in part due to the pandemic. The main drivers are customer convenience, ability to scale up and operational efficiency. The survey was held among the CEOs of the 66 banks, with 52 responses.

Should you set up a self-managed super fund with your friends in 2022?

0
According to Yannick Ieko, founder and CEO of NDIS Loan Experts and SMSF Loan Experts, the festive season is usually the time when most people review their financial circumstances and look to the new year to put in place new goals and exciting new projects.

Time to double down on our science investment in the 2022 budget

0
The 2022 Australian Budget should consider a double down on Australia’s return-generating investments in science in order to prepare them for new complex challenges after this pandemic, fast-track our economic recovery and smooth the nation’s climate transition. This would start with boosting direct Research & Development investments to shift Australia closer to the top-ten OECD countries to seize economic opportunities for our nation.

SAP to acquire Taulia, a leading capital management company

0
SAP SE (NYSE: SAP) announced its intent to acquire a majority stake of Taulia, a leading provider of working capital management solutions. The move is aimed at giving companies better access to liquidity and improving their cash flows. The acquisition further expands SAP’s Business Network and strengthens SAP’s solutions for the CFO office. Taulia will operate as an independent company with its own brand in the SAP Group; Cédric Bru will remain CEO of Taulia, SAP CFO Luka Mucic will become Chairman of the Board.

Allspring recruits Andy Sowerby as the Head of APAC ex-Japan

0
Allspring Global Investments (Allspring), the pure-play, independent asset manager with US$575 billion in assets under management, today announced the appointment of Andy Sowerby as managing director, head of Client Group APAC ex-Japan. Reporting to Deirdre Flood, head of International Client Group, Andy will assume responsibility for leading Allspring’s business development across the APAC region, identifying ways to best partner with existing and prospective clients.

Cbus targets growth with the launch of six new investment options

0
Cbus Super will launch 6 new investments as they focus on growth to $150 billion. Cbus Super’s existing menu of five investment options will grow to 11 with the addition of a new Growth Plus option, a low cost Indexed Diversified option, as well as options for Overseas Shares, Australian Shares, Property and Diversified Fixed Interest.

Adatree becomes Australia’s first Consumer Data Right principal

0
Adatree, a data intermediary and fintech company at the forefront of Open Banking, has become Australia’s first ‘principal’ under the new Consumer Data Right (CDR) access models. This landmark achievement is enabling the company to help other enterprises so as to bring their data-driven products and services to life and thus access relevant data without having to undergo a complex, costly and time-consuming process of accreditation.

Cryptocurrency investors should know the risk spectrum of alternatives

0
Just under four centuries later, four million Australians say that they are planning to invest in digital currencies in the next twelve months. And one in four Australians believes that cryptocurrencies are a good alternative to having an investment property.

Tips to help international students manage money while studying abroad

0
While COVID-19 slowed down international study programs over the past two years of the global pandemic, many students are starting to plan for overseas learning programs again. In 2021, over 159,000 Australian students participated in international study experiences and despite restrictions, more than 248,000 international students came to Australia.