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Showing 1221 - 1230 of 2692 results for "Fair"

Discretionary trusts crackdown short-sighted

KARREN VERGARA  |  FRIDAY, 4 AUG 2017
The Labor government's proposed crackdown on discretionary trusts is "short-sighted" and "anti-family" given the broader tax system isn't operating on a level playing field, an industry expert says. In response to Opposition Leader Bill Shorten proposing ...

Labor cracks down on discretionary trusts

KARREN VERGARA  |  MONDAY, 31 JUL 2017
... members) with much lower marginal tax rates. While artificial income splitting is completely legal, it doesn't mean it's fair, Shorten said in a statement. He added that closing the loophole could raise up to $17.2 billion in revenue over the next five ...

O'Dwyer names one-stop-shop dispute resolution lead

KARREN VERGARA  |  THURSDAY, 27 JUL 2017
... she said. O'Dwyer added the dispute resolution process for consumers and small businesses promises to be smoother, faster, fair and free. In her speech, O'Dwyer also pushed for a last resort compensation scheme relating to past disputes as part of the ...

Suncorp Tower takeover denied by competition watchdog

EMMA RAPAPORT  |  THURSDAY, 27 JUL 2017
Fears that "substantially lessened" competition in New Zealand's personal insurance market would result from Suncorp's takeover of Tower has led to the New Zealand Commerce Commission denying the proposed merger. In a statement commission chairman Mark ...

APRA cuts red tape on superannuation transfers

ALEX BURKE  |  WEDNESDAY, 26 JUL 2017
APRA is reducing the barriers for super funds to transfer members and merge or wind up products following industry consultation. The regulator's Prudential Practice Guide SPG 227 Successor Fund Transfers and Wind-ups (SPG 227) widens the definition ...

Investment purpose critical to advice: Nikko AM

EMMA RAPAPORT  |  TUESDAY, 18 JUL 2017
Advisers need to be clear on the key differences between environmental, social and governance (ESG) factor based investing and socially responsible investing (SRI) if they are going to remain helpful to clients. Speaking to Financial Standard, Nikko ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
... on inflation. This means that central banks must target future inflation by anticipating future deviations from target." Fair enough. Hopefully the BOC doesn't repeat the events of 2010 when it raised interest rates when it raised interest rates by 25 ...

Business conditions return to pre-GFC levels

BENJAMIN ONG  |  WEDNESDAY, 12 JUL 2017
"We continue to be pleasantly surprised by just how upbeat the business sector is, given the context of a fairly beleaguered household sector that has been weighed down by limited wages growth and record levels of debt." These are the printed words ...

PIMCO de-risks ahead of expected recession

ALEX BURKE  |  TUESDAY, 11 JUL 2017
In a media briefing, PIMCO global economic adviser Joachim Fels said the firm is gradually de-risking portfolios given the elevated risk of recession in the next three-to-five years. Fels explained that PIMCO is currently in risk reduction mode, adding ...

Brexit endangers EU asset manager passport

KARREN VERGARA  |  MONDAY, 10 JUL 2017
... rulebook, and potentially have to comply with 28 countries, Mahmud warns. "In the UK, the Government says it wants to seek out a fair trade agreement that will include financial services, but this is very ambitious, and potentially it's not even legally ...