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Showing 11 - 20 of 94 results for "AFL"

ATO will not pursue erroneous JobKeeper payments

KARREN VERGARA  |  MONDAY, 13 SEP 2021
The Australian Tax Office announced it will not pursue businesses that took advantage of JobKeeper despite raking in large profits, nor will it ask small businesses to repay $180 million claimed in error. The ATO revealed that over one million businesses ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... Super (10bps). Funds whose MySuper products will see less than 10bps improvement are Toyota Super (9bps), BT Super and AFLPA & AFL Industry MySuper from AMP (8bps each), TWU Super (7bps), and Mercer WGSP and Virgin Money (6bps each). MLC, Commonwealth ...

ASIC prepares licensees for reference checks

KARREN VERGARA  |  WEDNESDAY, 21 JUL 2021
ASIC released more information on what financial advisers can expect from the new reference checking laws, which take effect on October 1. New protocols administered by ASIC requires a licensee recruiting a prospective financial adviser to request a ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
The recovery of the Australian economy from COVID-19 has improved the budget position from initial projections, with a significantly lower than expected unemployment rate. The unemployment rate currently sits at 5.6%, which is lower than pre-pandemic ...

Foreign capital driving property market: RCA

ANNABELLE DICKSON  |  WEDNESDAY, 21 APR 2021
Offshore investment in Australian commercial property kept the market afloat last year, according to Real Capital Analytics. Speaking at the launch of Real Capital Analytics' Sydney office, head of analytics for the Pacific region Ben Martin-Henry said ...

Risk inflows stagnant, satisfaction varies

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
Risk premium inflows experienced marginal decreases in the 12 months to December 2020 as the gap in consumer satisfaction grows, new research shows. The latest data from Plan For Life showed total inflows increased 0.5% to $16.3 billion with just a ...

Chief economist update: What a difference an Australian year makes

BENJAMIN ONG  |  MONDAY, 22 MAR 2021
"For all those times you stood by me... You're the one who held me up Never let me fall You're the one who saw me through it all." -Celine Dion What a difference a year makes, ey? The year 2020 started out disastrous (literally) for the country ...

Most ethical companies revealed

ELIZABETH MCARTHUR  |  THURSDAY, 25 FEB 2021
Ethisphere has released a list of the world's most ethical publicly traded companies, and has claimed that these companies outperformed a comparable index by 7.1% over the last five years. "Honorees integrate ethics and values with corporate strategy. ...

ERS dents Raiz Super by $13m

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
Raiz's superannuation offering paid out $13 million as a result of the early release of super scheme but managed to keep funds under management afloat. The micro-investing platform reported superannuation assets grew by 27% on the prior corresponding ...

New heatmap shames trustees

KARREN VERGARA  |  FRIDAY, 18 DEC 2020
... Investments' FirstChoice Superannuation Trust lifecycle (lifecycle) AUSCOAL (lifecycle) EISS Super AMP's AFLPA and AFL Industry MySuper, and MySuper No.3 (lifecycle) Maritime Super Super funds that slog exorbitant administration fees to members ...