The House of Representatives Standing Committee on Economics is currently holding an inquiry into the implications of common ownership and capital concentration in Australia.
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The FSC has made no secret of the need to reduce the regulatory burden on the financial services industry, particularly financial advice, in its advocacy to Government and regulators.
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There is a fascinating convergence – unlikely and surely unintended – of several of the brightest minds in our Parliament currently examining the influence on our economy of Australia’s biggest superannuation funds and the world’s largest fund managers.
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The recently released Intergenerational Report shows the implications of an ageing population with rising health costs and fewer taxpayers by 2060.
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