Why improving financial literacy could open the door to advice

CoreData’s research over the past two decades has consistently found that at any point in time, only around one in four Australians are receiving financial advice.  This is a relatively …

Focus on WA: CoreData’s COVID-19 snapshot

Despite WA’s effective containment of COVID-19, the economic effects of the state’s pseudo-shutdown have been widely felt. Compared to major trading partners, Australia has experienced reasonable success in avoiding the …

CoreData’s COVID-19 Snapshot: Banking and lending

In early March, Australia’s top banking executives sat down with Treasurer Josh Frydenberg in a meeting originally intended to discuss the impact of the bushfire season on the local economy. …

CoreData’s COVID-19 Snapshot: Superannuation

With rising unemployment and unprecedented trading restrictions imposed on businesses, the Federal Government’s concessional clause for early access to super has provided a lifeline for Australians in financial hardship. The …

Consumers hold the key – but which door will they open?

Consumer sentiment and behaviour will play a critical role in any economic recovery from the COVID-19 pandemic. Federal and State government policy settings must walk a fine line between managing …

How a love for fly-fishing may point the way for global economies

Buried deep in the PhD thesis submitted by Milton Friedman in the late summer of 1940 (note 1) are a couple of jokes, which I really love. The first joke …

Libra: Why Facebook’s currency will bring more convenience and more threats

To some people, the “whitepaper” and “blockchain” are synonymous with “scam”. But when Facebook, the social network giant with 2.4 billion monthly active users, announced its grand plan of a …

Judge AMP not by what it says, but by what it does

People of a certain age may have experienced a sense of déjà vu as AMP unveiled another transformation strategy last week and vowed – once more – to focus on …

CoreData Research announces 2019 Licensees of the Year

Matrix Planning Solutionshas been named the 2019 Licensee of the Year by CoreData Research.  Matrix has also been named Institutionally Affiliated Licensee of the Year, while MLC Advicehas been named Institutionally …

It’s not me, it’s you: What happens when advisers rethink client relationships

When the Future of Financial Advice (FoFA) laws were introduced in 2013, the officially pronounced aim was to “improve the trust and confidence of Australian retail investors in the financial services …

Aged Care: State of the industry – white paper out now

Growth in demand for aged care services, particularly home care services, is outpacing supply and impacting the ability of older Australians to access the level of service they require. At …

Chinese book-value millionaires facing anxious times ahead

The value of residential property as a proportion of the total value of household assets in China is more than double the level in the US. At 77.7 per cent …

How can advisers be sure they’re not boarding a sinking ship?

Later this month just over 600 financial advisers will sit the industry’s new professional competence exam. They’re the first cohort to submit to an exam developed by the Financial Adviser …

What a Morrison government might mean for financial advice reform

“I have opinions of my own, strong opinions, but I don’t always agree with them.” – George HW Bush, 41st President of the United States of America Opinions. We’ve all …

Why income advice is the new frontier for financial planners

Let’s imagine you’re running a financial planning business five years from now. You can generate a tailored plan for your clients automatically. You have software that figures out what advice …