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Showing 1261 - 1270 of 11416 results for "Rate"

APAC investors cut PE allocations by 50%

CASSANDRA BALDINI  |  MONDAY, 24 APR 2023
Private equity and venture capital aggregate transaction value fell by 45% in the region, excluding Japan, in the first quarter. According to S&P Global Market Intelligence the drop from last year's US$14.7 billion to US$8.09 billion in Q1 2023 comes ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... better outcomes for our members." Deloitte head of access economics Pradeep Philip added the core change to hand over cash rate control to the new board is a "significant departure" from the usual way of doing business at Australia's central bank ...

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... retirement, the Financial Advice Association Australia (FAAA) urges the federal government to decrease the proposed 30% tax rate for superannuation balances that exceed $3 million. This is in response to the Better targeted superannuation concessions ...

ATO keeping tabs on SMSF early access, tax avoidance

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... estimated total asset value of about $868 billion in assets. Among small businesses, Micale said this group has a higher rate of non-lodgement and loans to related parties for those funds with members operating a small business. "There also appears to ...

Modern slavery on the rise a decade on from Rana Plaza

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023
It is 10 years since more than 1000 people died in the Rana Plaza textile factory collapse in Bangladesh in April 2013. In the intervening years, regulations to improve factory safety has been introduced in Bangladesh, and issues related to worker safety ...

Challenger reports strong retail annuity sales

ANDREW MCKEAN  |  THURSDAY, 20 APR 2023
... across our retirement income products in Life have remained strong. Retail annuity sales increased 48% supported by attractive rate, rising demand for guaranteed lifetime income and a growing number of Australians entering retirement." But as Challenger ...

Search funds beat VC, private equity returns

CASSANDRA BALDINI  |  THURSDAY, 20 APR 2023
... study shows that the average duration of search fund investment is between five and seven years and the average internal rate of return on that investment is around 35.3%," Seligman explains. Outside of monetary benefit, active ownership is another drawcard. ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... Australia, with the widely anticipated review putting forth 51 recommendations, with particular consideration given to how cash rate decisions are made. Released today, An RBA fit for future comes amid widespread criticism for the central bank's ...

Women growing super faster than men: Research

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
New Roy Morgan research finds women's average superannuation balances are growing at a faster rate than men's, while ownership levels have also risen. Based on a survey of half a million participants, the research found that since 2012, the ...

Apple dives deeper into financial services

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... launched their long-awaited high-yield savings account in the US which offers 4.15% interest rates. The account, which boasts a rate that's 10 times the US national average, is the latest move in a string of tech giants moving into financial services ...