Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 12221 - 12230 of 28300 results for "NOT"

Government fintech agenda spotlights microbanking

ALEX BURKE  |  TUESDAY, 9 MAY 2017
... announcement that ADIs with less than $50 million in capital will be able to use 'bank' to describe their business. Of course, not all credit unions and building societies wish to rebrand as 'banks' but they should be able to use the term given that ...

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... incur the levy include corporate bonds, commercial paper, certificates of deposit, and Tier 2 capital instruments. It will not apply to additional Tier 1 capital and deposits of individuals, businesses and other entities protected by the Financial Claims ...

Government debt on its way to $606bn

ALEX DUNNIN  |  TUESDAY, 9 MAY 2017
... $32 billion each - confirming how Australia's commonwealth budget is paid for overwhelmingly by wage earners and consumers not the corporate sector. But offsetting this is a $70 billion infrastructure program, annual welfare and social security expenditure ...

Infrastructure receives $75 billion boost

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... expanding into equity and debt financing to "augment" its infrastructure spending, encouraging the state and territory governments not to rely heavily on Federal grants. The Treasurer allocated $75 billion to infrastructure, with transport receiving ...

Asia-Pacific needs more retirement income specialists: Milliman

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... than 60% of companies surveyed felt financial advice is required by the majority of the population, but importantly, they did not feel as if advice should be reserved for net worth customers only. Currently, less than 20% of consumers currently receive ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... improve the financial system's productivity and international competitiveness, Treasurer Scott Morrison said. While Morrison did not specifically reference the big four banks, he said the inquiry will focus on "contestability and concentration in key ...

SMSFs hit hard by super reform

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... About a third (31%) of self-managed super fund members will be adversely affected by the impending superannuation reforms - not 4% the government grossly underestimated in last year's budget. A new report from SMSF software company Class found Baby Boomers ...

Strong quarter for CBA

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... period. AUM and FUA growth reflected stronger market investments, but was partially offset by exchange rate movements. CBA did not detail the performance of its insurance arm, but noted insurance income was affected by bad weather conditions and Cyclone ...

Terrible tax policies of the last 25 years

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... Australians needed anymore tax preferred ways of borrowing to undertake speculative investment in the property market." "I'm not saying that SMSF purchases of residential property has been a major factor in the rise in property prices over the last seven ...

Australian economy proceeding according to projections

BENJAMIN ONG  |  TUESDAY, 9 MAY 2017
... is a forecast is a forecast. It's an educated guess that could turn out accurate, an over-estimation or under-estimation. Not to worry, Australian economic and survey data released over the past few days give credence to the RBA's FY2017/18 growth forecast ...