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Showing 10261 - 10270 of 14214 results for "Interest"

Govt to offer more choices on FHSAs

RUTH LIEW  |  THURSDAY, 7 OCT 2010
... incentive, the government contributes 17 per cent on the first $5,500 (indexed) of individual contributions made each year. Interest earnings are taxed at 15 per cent and withdrawals are tax-free where they are used to purchase a first home. According ...

Grand currency sale

BENJAMIN ONG  |  WEDNESDAY, 6 OCT 2010

CalPERS shifts $1bn to GID

ELISE BURGESS  |  TUESDAY, 5 OCT 2010
US pension fund CalPERS has consolidated its $1.1 billion core multifamily apartment portfolio to long-term partner GID Investment Advisers LLC (GID). The California Public Employees' Retirement System (CalPERS) said that it made the decision to advance ...

Treasury rebuffs MySuper critics

ALEX DUNNIN  |  TUESDAY, 5 OCT 2010
A major speech given by senior Treasury officials shows how critics of MySuper are missing the point that there is a fundamental shift taking place in how policymakers believe the industry should factor in behavioral economics. David Gruen, who was ...

Australia's big bro

BENJAMIN ONG  |  TUESDAY, 5 OCT 2010
... despite the central banks of the larger economies of the US, Japan and Europe are still far from contemplating raising interest rates, the Reserve Bank of Australia (RBA) has already lifted the official cash rate six time from 3.0 per cent last October ...

More US investment banks close prop desks

JOHN MCDULING  |  FRIDAY, 1 OCT 2010
... traders are expected to form a new alternative investments unit within JPMorgan Asset Management. The move is of particular interest to the Australian superannuation market, with a number of super funds believed to be considering increasing their exposure ...

Spoiling for war

BENJAMIN ONG  |  FRIDAY, 1 OCT 2010
... countryside". Hell may freeze over and pigs can fly, but China will orevalue its currency only when it is in its best interest to do so. Here was the Chinese Foreign Ministry's response, "We firmly oppose the US Congress approving such bills. "We urge ...

Market Wrap - Midday

AAP  |  THURSDAY, 30 SEP 2010
... Newcrest Mining, descended 34 cents to $39.66 as it signed an agreement which includes the possibility of taking a majority interest in an exploration joint venture in Papua New Guinea. On Wall Street overnight, stocks finished a volatile session lower ...

MLC says no to PIH stake

RUTH LIEW  |  THURSDAY, 30 SEP 2010
MLC has opted out of buying a minority stake in Professional Investment Holdings - leaving the door open for Aviva Overseas Holdings to divest or keep its remaining 20 per cent stake in one of Australia's largest planning firms. MLC confirmed in a statement ...

Commercial property sales rebound: CBRE

JOHN MCDULING  |  WEDNESDAY, 29 SEP 2010
... years ago. Perhaps against expectations, the high and rising Australian dollar doesn't appear to be reducing foreign interest."