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Showing 1221 - 1230 of 6960 results for "MINI"

Somers acquires 15% stake in Aura Group

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
Bermuda-based listed financial services company Somers has taken a stake in Aura Group. The strategic minority stake of 15% will allow Aura to collaborate with Somers parent company ICM and leverage a global network of 10 offices and investment specialists ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
The government has introduced more flexibility for older Australians by abolishing the work test, extending access to downsizer contributions and improving the Pension Loan Scheme. From 1 July 2022, those aged between 67-years-old and 74-years-old will ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
Just about everyone is a winner in this year's federal budget, with treasurer Josh Frydenberg extending tax cuts, significant measures to enhance women's economic security and a $15 billion infrastructure spend. Delivering the 2021/22 federal ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
The recovery of the Australian economy from COVID-19 has improved the budget position from initial projections, with a significantly lower than expected unemployment rate. The unemployment rate currently sits at 5.6%, which is lower than pre-pandemic ...

$450 SG threshold axed

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
The longstanding requirement for workers to earn more than $450 a month to be entitled to the superannuation guarantee has been scrapped. In a move that would benefit more than 200,000 women, the need for Aussies to earn more than $450 a month in order ...

New India fund eyes HNWs

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
A new fund focusing on five key thematics across publicly listed companies in India will launch to high-net-worth investors. India Avenue Investment Management will launch India 2030 in the third quarter of this year, a high conviction, actively managed ...

Rest offers extra parental leave

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
Rest has increased its parental leave for employees who work full time or part time. Eligible employees can now claim 16 weeks of paid parental leave instead of the 14 weeks previously available can be taken flexibly during a 12-month period. Rest chief ...

Chief economist update: Iron ore is the glue that binds China and Australia

BENJAMIN ONG  |  TUESDAY, 11 MAY 2021
The price of iron ore continues to heat up. It broke above the all-time high of US$191.70 a tonne recorded more than 10 years ago (February 2011) on 6 May 2021 and is currently fetching 215.48/tonne. This represents a 31.4% increase from end-2020's ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
Wall Street benchmark equity indices closed on the up and up on May 7 - the Dow and the S&P 500 index even rallied new record highs -- the same day the US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added ...

Draft regulation on YFYS released

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
The government has conceded to industry demands on administration fees and unlisted assets' treatment in the new APRA performance tests, as it finally releases draft regulation for the Your Future, Your Super reforms. It has agreed to include administration ...