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Showing 1181 - 1190 of 8418 results for "Big"

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
Australian economic and survey releases over the past week continued to paint a picture of a strengthening recovery. However, the rosy results preceded the outbreak of the Delta variant that prompted lockdowns and/or tightened restrictions in major ...

Stop abusers hiding super: AIST

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
The Australian Institute of Superannuation Trustees (AIST) is calling on Parliament to ensure abusive partners cannot hide their super from domestic violence victims. In a submission, AIST supported the proposed Treasury Laws Amendment (Measures for ...

SG rise to benefit 6.7m Australians: ISA

KANIKA SOOD  |  FRIDAY, 2 JUL 2021
... will receive the SG boost compared to 3.36 million men, according to ISA analysis of tax file data. "Young people will be the big winners from these increases and help those that raided their super last year, during the downturn, make up some of the ...

Westpac in fresh $87m remediation program

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
The failure of Westpac's former advisers to pass on corporate actions to clients for more than a decade will see the big bank pay a hefty bill. The $87 million that will be remediated affects 32,000 customer accounts, ASIC announced this morning ...

Hostplus announces board shakeup

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
Three board members of the industry superannuation fund have been replaced after one director faced mounting pressure to step down due to his links to the coal industry. Independent director Peter Collins, employer directors Mark Robertson and Mark ...

UHNWs drive record luxury real estate demand

ELIZABETH MCARTHUR  |  THURSDAY, 1 JUL 2021
According to research from Knight Frank, it's never been a better time to be a property developer or real estate agent catering to the needs of the super-rich. Demand for prime residential properties in Australia is at an all-time high, and Knight Frank ...

Homebuyer schemes speed up saving time

ANNABELLE DICKSON  |  THURSDAY, 1 JUL 2021
As values soar, Australians are entering the property market up to five years sooner due to government homebuyer schemes, research shows. Commonwealth Bank data shows customers have bought property on an average of 4.78 years faster using the First ...

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... assurance that interest rates will remain at the record low 0.1% "until 2024 at the earliest", three of Australia's 'Big Four' banks released forecasts that are at odds with the central bank. Commonwealth Bank predicted that the RBA would ...

UK pension funds pushed to merge

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
The UK pension sector is experiencing similar pressure to that being felt by Australia's super funds, with the pensions regulator asking defined contribution (DC) funds with less than £5 billion in assets being urged to merge. In September last ...

UK bans crypto exchange Binance

ELIZABETH MCARTHUR  |  MONDAY, 28 JUN 2021
The UK Financial Conduct Authority has banned well-known and popular crypto exchange Binance from operating in its jurisdiction. Binance, which is Cayman Islands domiciled, claims to be the biggest Bitcoin exchange and alt-coin cryptocurrency exchange ...