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Showing 101 - 110 of 923 results for "Maximum"

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... annum. Meantime, administration fees on Plum Retirement Income and MLC MasterKey Pension Fundamentals will drop from a maximum of 0.30% to 0.10%. The annual fee cap applied to Plum Retirement Income member accounts will be decreased from $2500 to $800 ...

Director pleads guilty to 'dishonestly' obtaining near $1m

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
... restraint order imposed by ASIC in the year prior. The matter has been listed for a sentence hearing on November 1. The maximum penalty for each charge is 10 years' imprisonment.

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
... care costs, regardless of individual means. Other measures to be introduced include allowing providers to charge higher maximum rates for rooms, allowing them to keep a portion of refundable accommodation deposits, and daily accommodation fees will now ...

More to do in the fight against inflation: Chalmers

ELIZA BAVIN  |  TUESDAY, 3 SEP 2024
... businesses, and a wage rise for minimum wage earners and more help is on the way from this month." From this month, the maximum rates of Commonwealth Rent Assistance will increase by a further 10% which Chalmers said will benefit nearly one million households. ...

Perpetual names new chief executive

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... Perpetual, he will be paid $1 million in fixed remuneration along with a short-term incentive of $500,000 at target with a maximum of $875,000 that will be prorated for FY25. Reilly officially takes the post on September 2. Adams continues in his current ...

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... to increase the Low-Income Superannuation Tax Offset (LISTO) threshold from $37,000 to $45,000, as well as raising the maximum payment from $500 to $700. It said this change is projected to benefit an additional 1.2 million Australians, the majority ...

Cbus unleashes raft of fee changes

ELIZA BAVIN  |  TUESDAY, 30 JUL 2024
... while the weekly fee has changed the percentage fee has remained the same at 0.19% of the account balance each year to a maximum of $1000 per year. In addition, Cbus made several changes to its insurance fees. For many members fees per unit of either ...

Charges brought against ASX pump and dump group

JAMIE WILLIAMSON  |  TUESDAY, 23 JUL 2024
... before selling. They've also been charged with dealing in proceeds of crime as a result of selling the shares. They face a maximum penalty of 15 years' imprisonment and a fine of more than $1 million. "Market manipulation is illegal. Pump and dump schemes ...

Aware Super closes fixed interest fund

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
... available. Aware super said previously the fund has three methods of tax parcelling available: the first in, first out method; maximum gain/minimum loss; and minimum gain/maximum loss. However, going forward only the first in, first out method will be ...

Highest paid ASX 200 chief executives revealed

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
... in the ASX 100, only two chief executives didn't take home a bonus in FY23, with the median bonus being 66.3% of their maximum potential. There were also 24 termination payments across the full ASX 200 sample, meaning that a chief executive has more ...