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Showing 1231 - 1240 of 5099 results for "House"

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... budget cost of further $2.2 billion], it does suggest the current legislated rate of 12% will be needed." The consulting house also thinks the review will comment on the different ways in which superannuation money is managed. "There is an argument that ...

NULIS calls for clearer regulatory definitions

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
... offering, but requires more concise regulatory definitions before it can proceed. In a written response submitted to the House of Representatives Standing Committee on Economics, the MLC Super trustee said it needs regulators to differentiate advice ...

Government announces $184bn deficit

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
Treasurer Josh Frydenberg has announced the country's biggest ever peace-time budget deficit as the economic effects of COVID-19 are realised. Frydenberg and Minister for Finance, Senator Mathias Cormann revealed the economic toll while giving an economic ...

Chief economist update: Australian outlook under COVID-19

BENJAMIN ONG  |  FRIDAY, 24 JUL 2020
Only seven months before, Australia was on course to bring its fiscal budget back in the black after 12 years and an almost equal number of promises later from both sides of the political divide. The Mid-Year Economic and Financial Outlook (MYEFO) - ...

Domestic violence super reforms stall

ALLY SELBY  |  THURSDAY, 23 JUL 2020
Representatives from industry super and a legal body have called on the Federal Government to deliver on a promised scheme that would have stopped domestic violence perpetrators from hiding their super assets from their spouses. Women's Legal Service ...

PSK acquires wealth firm

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
... away the day to day complexity of running a business, we solve the advisers' succession issues, and with the help of our in-house support services, business development, marketing, paraplanning and investment team, we find advisers and their business' ...

Bezos adds billions

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
Amazon founder Jeff Bezos added US$13 billion to his net worth in a single day marking the largest single day jump for an individual, according to the Bloomberg Billionaires Index. The spike in wealth was due to a near 8% spike in Amazon shares, due ...

Hearts and Minds but no ratings

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... rating from an agency such as Zenith, Morningstar or Lonsec, as well as a three year track record. Independent research house Zenith, in particular, cannot rate the listed investment company, as its founder is also Hearts and Minds' chair; a clear ...

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
The government's announcement of the new JobTrainer package was met with calls to extend the existing JobSeeker and JobKeeper measures as devastating unemployment numbers were released. Unemployment has now hit 7.4%, the highest it has been in two decades ...

Billionaires targeted in Twitter bitcoin scam

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
Billionaires such as Elon Musk, Jeff Bezos and Bill Gates were among the household names that had their Twitter accounts hacked to promote a bitcoin scam. The official Twitter accounts of many notable people, including former President Barrack Obama ...