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Showing 111 - 120 of 923 results for "Maximum"

Platinum ends FY24 with $13bn FUM

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... meeting (AGM). Under his contract, Peters is also entitled to receive ongoing annual grants of performance rights that has a maximum potential face value of $1.5 million. "The board is currently working on the design of a new plan to replace the Partners ...

Equip Super reduces admin fees, introduces insurance fee

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
... products. For accumulation and defined benefit members, the asset-based fee will be reduced from 0.22% to 0.19% per annum. The maximum administration fee charged will now be $950, compared to the $1100 it was previously. The change to the asset-based ...

Coalition's housing policy could cut Commonwealth Rent Assistance costs

ANDREW MCKEAN  |  THURSDAY, 20 JUN 2024
... Coalition's proposed super for housing policy. This policy would allow individuals to withdraw up to $50,000, up to a maximum 40% of their balance, from their superannuation fund account to purchase their first home. The analysis focused on 38-year-olds ...

US looks towards rate cuts, Australia lags behind

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... trend" and investors should remain cautious. "Powell reiterated a hawkish tone that aligns with VanEck's house view of maximum one rate cut this year," he said. "This is one more rate cut than Australia is likely to get this year, given inflation has ...

Hostplus rejigs Maritime Super insurance

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
... self-harm, offering greater "security and peace of mind" to members and their beneficiaries. Moreover, Hostplus increased the maximum benefit available under Income Protection cover from $20,000 to $30,000 per month. Income protection benefits have been ...

Clearway wins distribution mandate

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
... Clearway works with a limited number of partners that are diversified across asset classes to ensure no conflicts and maximum focus, Clearway director Michael Negline said. "Our aim is for very long-term partnerships with a focus across the institutional ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... pressures. Renters will also receive some reprieve with the government providing $1.9 billion over five years to increase maximum rates of Commonwealth Rent Assistance by a further 10%. This builds on the 15% increase in September 2023 and will take ...

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
... to allow first home buyers to access more of their super than has been previously proposed, with options for a higher maximum withdrawal cap and without a maximum threshold. The Committee suggested either increasing the cap to $100,000 or $150,000, or ...

Betashares launches Australian Major Bank Subordinated Debt ETF

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... banks. To be eligible for inclusion in BSUB, bonds must have amounts outstanding of at least $500 million and a remaining maximum term to maturity of 10 years. Betashares said the Australian major banks are foundational pillars of the local banking system ...

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... course," she said. "The central bank maintains a neutral stance, a touch more hawkish than the last one but retaining maximum optionality while closely monitoring global and economic developments." Shivadekar said the upward revision to inflation forecasts ...