Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1311 - 1320 of 5396 results for "Federal"

What's next for income-focused funds

KANIKA SOOD  |  THURSDAY, 9 APR 2020
... franking credits, distributed about 9% in income last year, buoyed by companies flushing out larger dividends before the federal election where Labor wanted to cut back on franking dividends. "Reality is [funds] won't provide as much income as last ...

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... deterioration of the government's fiscal headroom at the 'AAA' rating level." The ratings change comes after the federal government announced a $320 billion stimulus package, representing 16.4% of GDP. "The government is acting decisively ...

ASIC winds up three financial services companies

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... recently obtained wind up orders for three financial services companies, including two financial advice businesses. The Federal Court of Australia in Melbourne handed down the orders to wind up Australasia Wealth Services and Management (AWSM), Marigold ...

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
... months back, the RBA didn't have to plead its fiscal counterpart for a helping hand. Mighty Mo is on the ball. The federal government had been spending... big time - $17.6 billion on 12 March; $66.1 billion on 22 March; and, $130 billion on 30 March ...

Wholesale property fund revises down valuations

KANIKA SOOD  |  TUESDAY, 7 APR 2020
... GWSCF reflect the independent valuers' assessment of the effects of that COVID-19 and the measures being implemented by federal and state governments are having on economic activity," GPT chief executive officer Bob Johnston said. The revisions in managed ...

Super fund temporarily cuts fees

HARRISON WORLEY  |  TUESDAY, 7 APR 2020
... Venkatesan said. "We're not simply deferring fees for six months - we're waiving 50% of the fees altogether. With the Federal Government now granting early access to super for those affected by COVID-19, we thought it was important to balance ...

Mayfair 101 accused of misleading advertising

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
... Mayfair debenture products while redemptions to existing investors remain suspended. ASIC has commenced proceedings in the Federal Court. Mayfair 101 responded with a statement strongly maintaining that it is compliant with all relevant legislation. ...

COVID-19 sparks renewed fight for commissions

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
... small business owners and their mostly women employees and their families," AIOFP said in the submission. "Unless the Federal Government extends concessions to the advice industry like they have done to other sectors, small business and consumers will ...

Pandemic response concerns overblown

HARRISON WORLEY  |  FRIDAY, 3 APR 2020
... sense. According to Richardson, while the numbers involved in Australia's response are high - $213 billion between the Federal government's three rounds of stimulus so far announced - they don't condemn younger Australians to a "lifetime of higher taxes ...

Opportunities and threats amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 2 APR 2020
... however, would be somewhat defensive during the crisis, he argued. "With COVID-19 being declared a biosecurity threat by the federal government under the Biosecurity Act 2015, virtually all Business Interruption (BI) policies written by Australian listed ...