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Showing 991 - 1000 of 3904 results for "Country"

No slowdown in sight for ERS applications

ELIZA BAVIN  |  MONDAY, 1 JUN 2020
Despite COVID-19 restrictions easing across the country, applications for the Early Release of Super scheme have shown no sign of slowing, according to APRA's weekly data. Over the week to May 24, superannuation funds made payments to 220,000 members ...

Wage growth, not wage cuts

ALLY SELBY  |  FRIDAY, 29 MAY 2020
With wage cuts across the country and wage rises likely off the table, a former senior public servant and academic has pressed the case for wage growth instead. In an article for The Conversation, Australian National University College of Business and ...

Red tape to slow recovery: Lowe

ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
... be restored." Lowe said even as the recovery gets under way, there will still be a shadow cast by the pandemic. "As a country, we will need to turn our minds as to how to move out of this shadow. A reform agenda that makes Australia a great place for ...

ERS emerges as tax loophole for expats

ALLY SELBY  |  FRIDAY, 29 MAY 2020
... Australian residents would face a 35% tax on the taxable component of their superannuation balance when they depart the country. For those on working holiday visas, this rate lifts to 65%. The untaxed element of their superannuation, which applies to ...

Chief economist update: Better than all the rest

BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
" You're simply the best Better than all the rest Better than anyone Anyone I've ever met..." A great many, if not all Australians, would have had this Tina Turner classic playing in their heads listening to Reserve Bank of Australia (RBA) governor ...

Time to buy residential property: Survey

ALLY SELBY  |  THURSDAY, 28 MAY 2020
Despite the coronavirus pandemic shutting down home inspections across the country and seeing many Australians' wallets run dry, more than 70% of property investors believe now is a good time to buy. That's according to new research coming out of the ...

Chief economist update: V could still become W

BENJAMIN ONG  |  WEDNESDAY, 27 MAY 2020
... book it's the easing, not of monetary and fiscal policies, but of social isolation and lockdown restrictions in one country to another we have to be grateful for... and of course, recent reports that a vaccine is nigh. So much so, that preliminary ...

Chief economist update: Japan reopens for business

BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
It was a magnificent Monday, 25 May 2020, for Japan for on this day Prime Minister Shinzo Abe declared the country's state of emergency over. We salute you our Japanese brothers and sisters, for Japan has flattened its coronavirus curve despite ...

Outsourced trading set to boom

ALLY SELBY  |  MONDAY, 25 MAY 2020
As merger activity propels the size of some of the nation's super funds, outsourcing could emerge as the answer to cheaper, quicker and more scalable trading. According to State Street, outsourced trading can help super funds and asset managers ...

ERS withdrawals surpass $10bn

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
Over $10 billion has been withdrawn under the government's Early Release of Super scheme, with 70% paid out by just 10 funds. Over the period from April 20 to May 17, payments that have been made to eligible members have taken an average of 3.3 ...