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Showing 1281 - 1290 of 8012 results for "Average"

Superhero to launch super fund

KARREN VERGARA  |  MONDAY, 14 DEC 2020
... launching an APRA-regulated fund in early 2021. While the super fund is open to everyone, it is eyeing members with an average age of 30 with a minimum of $10,000. Diversa will act as the super fund's trustee and OneVue as its administrator. Superhero ...

Clive Palmer ramps up calls for Shipton's head

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... information material on Shipton and has called for an inquiry into ASIC itself. "James Shipton is being paid almost 20 times the average Australian wage to do nothing. The CEO of Australia Post was sacked over six Cartier watches, how many watches would ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
... 2021 to 23 June 2022, the interest rate on all outstanding TLTRO III operations will remain 50 basis points below the average rate applied in the Eurosystem's main refinancing operations over the same period". Moreover, "Three new TLTRO III operations ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... The NAB business confidence index jumped nine percentage points to a reading of +12 in November - double its long-run average of +6 and the best read since April 2018. The NAB survey also showed business conditions jumped to a 20-month high reading of ...

University debt weighs on personal investing

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... a car. A quarter said the debt has a moderate to very large impact on their ability to pursue a different career. "The average time to repay HECS-HELP debt is now approaching 10 years and it's trending up," Futurity chief executive Ross Higgins said. ...

Advisers should service cashed-up investors: FCA

KARREN VERGARA  |  FRIDAY, 4 DEC 2020
... advisers are commonly charging a percentage fee based on the size of the investment in terms of initial advice (2.4% on average) and any ongoing service (0.8% per year). Also, the UK's financial advice industry is slowly becoming more professionalised. ...

ASIC to improve default insurance

KARREN VERGARA  |  FRIDAY, 4 DEC 2020
... proportion of members are generally defaulted in the highest-risk occupation category and end up paying high premiums. On average, members categorised in the highest-risk occupation pay almost double than those in the lowest-risk category. In five out ...

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
If not for its ongoing diplomatic and trade tensions with Beijing, Australia would be beaming and congratulating China for the strengthening momentum in its economy and this, after having survived the pandemic without plunging into a recession. After ...

Super lifting retirees' financial wellbeing: HILDA

KARREN VERGARA  |  THURSDAY, 3 DEC 2020
... grew about 54% and mean wealth went up a whopping 95%. HILDA found that 85% of households in 2018 had super, with the average rising to $240,060 in 2018 from $121,638 in 2002. "It is therefore clear that, based on average income and wealth levels, the ...

Qualitas readies new fund with GURNER

KANIKA SOOD  |  THURSDAY, 3 DEC 2020
... delivered across Melbourne, Sydney and Brisbane. This is a drop of around 80% compared to the past five years, when an average of 48,000 apartments were delivered per year in these three cities," Qualitas co-founder Mark Fischer said. "While rental demand ...