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

Search Results

Showing 1371 - 1380 of 4004 results for "Cut"

Chief economist update: Australia cruising at low altitude

BENJAMIN ONG  |  THURSDAY, 8 MAR 2018
Toto, we're still in Kansas! The Australian Bureau of Statistics' (ABS) National Accounts report showed the economy grew by 2.4% in the year to the December quarter - a tad slower than the 2.5% annual growth rate recorded in the same quarter of last ...

Chief economist update: Next move in rates will likely be up, but it's not certain

BENJAMIN ONG  |  WEDNESDAY, 7 MAR 2018
... Sydney yesterday. Not only did we notice it gov, we expected it! But perhaps not very many noticed that while it was not a cut and paste job, the message contained in the monetary policy statement of 6 March 2018 echoed that made in March (even February) ...

Chief economist update: The other president for life in the making

BENJAMIN ONG  |  TUESDAY, 6 MAR 2018
... to 2.2% in the year to January from 2.5% in the previous month and below the 4% target - offers the Bank of Russia scope to cut interest rates further from the current 7.5% to boost economic growth some more. There's no doubt Putin's high approval rating ...

Equipsuper appoints head of risk

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
... Equip reported "better than expected savings" on top of initial estimates of $10 million per year. In October 2017, Equip cut weekly administration fees for accumulation accounts from $1.50 to $1.25. Asset-based administration fee also reduced from 0.2% ...

NPP to take super by storm: Research

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
Research from CBA and KPMG Australia shows the New Payments Platform (NPP) can save the superannuation industry time and millions of dollars each year. Launched in February, the NPP is able to settle transactions in real-time. The time it takes to top ...

EQT names manager for major philanthropy client

ALEX BURKE  |  THURSDAY, 1 MAR 2018
Equity Trustees appointed a grants program manager to oversee one of Australia's largest philanthropic trusts. Ferdi Hepworth takes on the key role for the William Buckland Foundation, which was established in 1964 and has distributed more than $105 ...

CFSGAM cuts long-standing investment capabilities

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2018
Following a strategic review Colonial First State Global Asset Management is consolidating one of its Australian equities strategies and exiting its global resources investment capability. CFSGAM has confirmed its 25-year-old Australian Equities, Core ...

ASFA slams Grattan's super proposals

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
The Association of Superannuation Funds of Australia (ASFA) has slammed the Grattan Institute's key proposals to close the persistent gender gap in superannuation. Grattan Institute fellow Brendan Coates authored a white-paper that said superannuation ...

ATO to advance early release of super: O'Dwyer

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
... Kelly O'Dwyer said: "At what are often times of great stress and concern for the individuals involved, these changes will cut the administrative burden for superannuation trustees and will help successful applicants receive their authorised funds sooner." ...

TelstraSuper appoints strategy lead

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2018
... to make long-term investing decisions and be flexible with the timing of investment choices, and also allowed the fund to cut costs considerably, he said.