Liberty Financial Group Ltd (AU:LFG) has released an update.
Liberty Financial Group Trust reported no change in net assets for unitholders in 2024, maintaining distributions at $75.9 million, despite economic uncertainties stemming from persistent inflation and interest rates. The Reserve Bank of Australia holds the cash rate at 4.35%, with a focus on curbing inflation to the target range by late 2025. The Trust’s principal activity remains in investing in securitised and warehouse trusts, amid expectations of GDP growth and favourable labour market conditions in the coming year.
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