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Showing 1381 - 1390 of 6147 results for "Money"

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... cost $27 billion so we will go through the detail to find out if that is the right and responsible way to spend so much money." Bandt said the business tax cuts will do nothing but help big business and hurt casual workers. "There are no limits on what ...

Frydenberg bets on infrastructure for recovery

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
... shovel ready projects will be provided on a use it or lose it basis. If a state drags its feet, another state will get the money," he said. An additional $1 billion was given to the recently established Local Roads and Community Infrastructure Program ...

Pandemic proves value of advice: FPA

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... value of financial advice, according to new research. The Financial Planning Association of Australia's (FPA) inaugural Money & Life Tracker: COVID Edition reveals Australians with financial advisers were not financially impacted by the pandemic compared ...

Vanguard to cull institutional mandates

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... Rainmaker data. At June end, it had about $153 billion in Australian-sourced assets. In superannuation, Vanguard manages money for at least three funds, including AustralianSuper (until this December) and State Super (until 2023). The AustralianSuper ...

Industry fund doubles down on fee cuts

ELIZA BAVIN  |  THURSDAY, 1 OCT 2020
... Vision Personal's low cost, low carbon Sustainable balanced option was the winner of Financial Standard sister publication Money magazine's 'Best of the best' award for the lowest cost superannuation platform. The total fees on a $50,000 pension balance ...

APRA resumes life insurance intervention

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
... ensure it remains available to Australians who need it, but that won't happen if life companies continue to haemorrhage money through the sale of IDII," APRA executive board member Geoff Summerhayes said. "Our assessment is that the pandemic may further ...

No evidence lower SG will result in higher wages: ACTU summit

ELIZA BAVIN  |  MONDAY, 28 SEP 2020
... backwards." Dawson said workers have not only missed out on wage growth but have also lost out on a significant chunk of money that could have been compounding interest towards a dignified retirement. "The argument that super comes out of wages or that ...

Former Christian Super investments chief in new role

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
... significant appointment for the firm. "Given our focus on environmental, social and governance factors in how we manage money, we are absolutely delighted to have someone of Tim's calibre and pedigree joining the Paua team," Nicolof said. "It's ...

BetaShares' Nasdaq ETF surpasses $1bn

ALLY SELBY  |  FRIDAY, 25 SEP 2020
... of the end of August, the ETF had $1.17 billion in AUM. Around $300 million of the fund's $500 million in inflows was new money, with the remaining $200 million thanks to a rise in value of global technology stocks. BetaShares chief executive Alex Vynokur ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
Senator Andrew Bragg is calling for greater scrutiny of how superannuation funds spend members' money, slamming the system that has enjoyed three decades of unquestioned opacity. Appearing at an Association of Superannuation Funds of Australia event ...