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Showing 1371 - 1380 of 9408 results for "Level"

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
... announced that the new minimum wage will be $812.60 per week or $21.38 per hour. The commission panel observed that the level of increase would protect the real value of wages of the lowest-paid workers. "The Panel decided to provide a proportionately ...

Super industry levies insufficiently detailed: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
... as the super industry faced increased scrutiny from the Your Future, Your Super legislation, ASFA submitted that a higher level of examination should apply with respect to the costs recovered from the industry via levies. "Any increase in Financial Institutions ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
Russia's invasion of Ukraine immediately slowed the recovery from the Covid pandemic and set the global economy on a course of lower growth, the OECD said. The intergovernmental organisation's latest economic outlook said global growth would ...

Superhero, Swyftx in $1.5bn merger

CASSANDRA BALDINI  |  WEDNESDAY, 8 JUN 2022
... players into a single, major financial institution that can grow across domestic and international markets. "There is a deep level of mutual respect and alignment between our teams and the experience that the Superhero team has in the regulated business ...

Cbus, Hostplus take out customer satisfaction awards

CHLOE WALKER  |  WEDNESDAY, 8 JUN 2022
... and rising interest rates, have emerged that are placing pressures on consumers and businesses and mean delivering a high level of customer satisfaction to banking and finance industry customers remains more important than ever." Commenting on the award ...

Systemic disadvantages create retirement insecurity: HESTA

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
... respectful stakeholder relationships as being essential to stimulating long-term company value. It added that there was a high level of support for the application principles of UNDRIP in the Australian investment sector. Likewise, Australian companies ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... month ago," Lowe said. "As the global supply-side problems are resolved and commodity prices stabilise, even if at a high level, inflation is expected to moderate. Today's increase in interest rates will assist with the return of inflation to target ...

No more changes to risk commissions: ClearView

JAMIE WILLIAMSON  |  TUESDAY, 7 JUN 2022
... insurance advice; the vast majority (58%) charge upfront commissions, 26% a combination of fees and commissions and 10% charge level commissions. The survey also found that close to 70% of advisers don't believe consumers will pay a fee for risk insurance ...

LGIAsuper to become Brighter Super

JAMIE WILLIAMSON  |  MONDAY, 6 JUN 2022
... executive Kate Farrar said. "United, the funds under the Brighter Super banner will now expand nationally to provide the same level of personal service for which each fund has been known and trusted." Farrar also thanked the fund's members for their ...

ASFA, Deloitte recommend group insurance changes

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
Collaborating to examine the benefits of insurance offered via superannuation, the Association of Superannuation Funds of Australia (ASFA) and Deloitte have made recommendations as to how it could be enhanced. A joint report titled ' The Future of Insurance ...