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| | | IOOF has appointed State Street Global Advisers (SSgA) to manage a $115 million active global equities strategy as part of its IOOF MultiMix suite of multi-manager superannuation funds. The mandate was awarded to SSgA's Global Managed Volatility Alpha ... |
| | | | International media reports on the 2014/15 federal budget reflect concerns that cuts will hit consumer confidence in an economy that is doing better than most of its counterparts. "Australia's first budget under Tony Abbott was either brave or foolhardy," ... |
| | | | Anything you guys can do, I can do better... If the Fed, BOJ, ECB and PBOC could do it - forward guiding markets that monetary policy would remain easy (easier next month in the case of the ECB) - why couldn't the BOE? Yes it could! By most indications ... |
| | | | Strong investment performance has contributed to an almost 16% rise in third quarter cash profit for Commonwealth Bank. The bank reported unaudited cash earnings of $2.2 billion for the three months to 31 March. Statutory net profit for the same period ... |
| | | | The government will delay the staggered increase of the superannuation guarantee (SG) to 12% for an extra year, it has revealed in the 2014/15 budget. On 1 July 2014, the SG will go up to 9.5% and will remain at that level until 2018, when it will rise ... |
| | | | Phew! Well that wasn't so bad after all. Yes Virginia, if you didn't fall asleep listening to Treasurer Joe Hockey's budget speech last night - mainly because most of the measures Joey mentioned were already drip-fed to us days in advanced - you'll ... |
| | | | Financial advisers will have to review their clients' tax and retirement strategies, following the release of the 2014 budget. Treasurer Joe Hockey confirmed that the Age Pension eligibility age will rise to 70 by 2035 and he said that the government ... |
| | | | Industry Super Australia (ISA) Director of Public Affairs Matt Linden said the budget was a "missed opportunity to find small innovative solutions," saying the changes could result in a 25% decrease in retirement income for many Australians. He said ... |
| | | | The government will raise the Age Pension eligibility age to 70 by 2035, Treasurer Joe Hockey has said in his 2014 budget speech. From 2017, the government will also index the Age Pension, as well as the Disability Support Pension, to inflation rather ... |
| | | | Madam Speaker, I move that the Bill for the Budget be now read a second time. Our future depends on what we as a nation do today. For our children, for our seniors, for individuals, for families, for our disabled and for our frail, for all of us, the ... |
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