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The University of Notre Dame Australia is partnering with businesswoman Donny Walford to empower women by giving them the skills to make smart decisions with money and tools to climb the career ladder.
Australia’s wealth gap has continued to grow over the past two decades, with superannuation and property investment driving inequality across the country, a new report has revealed. Source: The Guardian.
The Vatican investment office made 32.27 million euros (about $A55 million) in profit in 2022 and contributed the entire amount to the Vatican’s operating budget, said Bishop Nunzio Galantino, president of the Administration of the Patrimony of the Holy See. Source: NCR Online.
The Institute for the Works of Religion, often referred to as the Vatican Bank, made a net profit of 29.6 million euros (about $A47.5 million) in 2022, a 63 per cent increase from the profit reported in the previous year (18.1 million euros), according to its annual report. Source: NCR Online.
Federal Treasurer Jim Chalmers is working on plans to attract banks and superannuation funds to set up a social impact investing fund in the May Budget to tackle “entrenched disadvantage”. Source: Australian Financial Review.
The St Vincent de Paul Society has welcomed the Senate’s passage of reforms to protect consumers from spiralling debt through payday loans and consumer leases.