Broaden levy to foreign banks: Big fourBY KARREN VERGARA | MONDAY, 19 JUN 2017 1:03PM
Large foreign banks should also be subjected to the proposed $6.2 billion bank levy, Australia's four major banks told the Senate Standing Committee on Economics reviewing the levy Bill last week.
Read more: Bill, Australia, ANZ, Big, Committee, Senate, Economics, UK, APRA, Customer Owned Banking Association, Government, Mark Degotardi, NAB, Peter King, Westpac Group
Long term Bond Investors Shouldn't Fear Rate Rises
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Delay in progress on the development of MyRetirement (CIPRs) products may not be due to a lack of initiative from superannuation funds but rather reluctance around expenditure.
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A $7.4 billion corporate superannuation fund is partnering with GBST to provide members with the maximum tax benefits available to them following the latest super reforms.
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Though an increase in the Fed funds rate this month might be a benign conclusion, what the Fed does after March is still up for grabs.
TAL and CommInsure each collected three accolades at the Association of Financial Advisers (AFA) Life Company of the Year Awards in Sydney last night, and it was the former which won the top gong.
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