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Showing 111 - 120 of 3742 results for "Figure"

Super fund investment in US to skyrocket

ELIZA BAVIN | MONDAY, 24 FEB 2025

Australian super funds are expected to pump huge amounts of money into the US over the coming decade, according to a report from Mandala, in conjunction with Super Members Council and IFM Investors. The Going Global report said Australians' superannuation ...

Cost-of-living continues to rock retirement confidence

MATTHEW WAI | MONDAY, 24 FEB 2025

... years of age. Further, those over 50 believe they need to earn a salary of $100,000 or over to comfortably retire; the figure rose by $50,000 for between 40- and 49-year-olds, while the cohort under 40 said they will need $180,000 or over to achieve ...

Apex names country head and COO

ELIZABETH FRY | THURSDAY, 20 FEB 2025

Apex Group has expanded its Australian leadership team with two key appointments following its agreement to buy Iress's superannuation business. Nick Bradford has been named country head for Australia with Chris Stevens taking on the role of chief ...

Gen X remains the largest cohort in SMSF establishments: Class

MATTHEW WAI | WEDNESDAY, 19 FEB 2025

Generation X and Millennials collectively drove about 85% of new self-managed superannuation fund (SMSF) establishments for the six months to 31 December 2024, according to a new report from Class. The total value of the net assets administered on Class ...

Australian GDP growth 'steady but not solid': La Trobe

MATTHEW WAI | TUESDAY, 18 FEB 2025

Speaking at the Financial Standard Chief Economists Forum today, La Trobe Financial head of investments and product David Tagg dissected some of the key economic themes for the year ahead. Tagg highlighted some of the biggest risks in the current economic ...

One more vote needed for $3m super tax

MATTHEW WAI | THURSDAY, 6 FEB 2025

... Neo Super head of technical service Nicholas Ali said it has appeared that the government has failed to secure the key figure to pass the "controversial legislation". "The government needs 39 votes in the 76-seat upper chamber to pass the controversial ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA | FRIDAY, 31 JAN 2025

... said. The Financial Advice Association Australia chief executive Sarah Abood expressed her concerns with the "eye-watering figure" that are substantially out of whack with estimates. "We are shocked to see an estimated figure of $70 million for the financial ...

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON | THURSDAY, 30 JAN 2025

While the official word will come from the Australian Taxation Office (ATO) in March, the December 2024 inflation figures released by the Australian Bureau of Statistics (ABS) yesterday confirmed the indexation of the cap. Currently $1.9 million, from ...

CPI nears RBA's target range, but rate cut remains in doubt: Experts

MATTHEW WAI | WEDNESDAY, 29 JAN 2025

... improved from the previous corresponding period, dropping 0.4% from the September quarter. Further, the annual trimmed mean figure fell to 3.2%, which is notably lower than the Reserve Bank of Australia's (RBA) November expectation of 3.4%. From ...

RBA is 'overachieving' on inflation target: GSFM

MATTHEW WAI | WEDNESDAY, 22 JAN 2025

... economic activity remains weak." Miller has, however, said that if the inflation rate was 0.2% higher than the RBA's projected figure in November, it may withdraw from signaling a cut.

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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