Growing public sentiment has seen Australia’s corporate world and super funds venture into conversations around the Voice to Parliament, but it appears fund managers are more reluctant to reveal their stance.
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Michele Bullock’s first rate call of a hold has been in line with market expectations, though the central bank and economists are hesitant to rule out a further hike while inflation risk remains on the upside.
Consumers believe professional advice could help them openly discuss finances with their family as less than a quarter have discussed estate and inheritance planning with family members, according to Findex.
With three separate financial advisers facing criminal proceedings this year having struggled with gambling problems, access to client money combined with a stressful job can be a “perfect storm”, according to experts.
