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Showing 1431 - 1440 of 4004 results for "Cut"

Time to start factoring in an RBA rate cut?

BENJAMIN ONG  |  FRIDAY, 6 OCT 2017
... growth), rising utility costs, decreasing disposable income and dwindling savings, the Australian consumer has no choice but to cut back on spending - on both staples and discretionary, as the details of the ABS report reveals. This raises doubts over ...

Profit margin squeeze

BENJAMIN ONG  |  THURSDAY, 5 OCT 2017
... prevents Australian businesses from lifting selling prices, eroding their profit margins which, in turn, would prompt firms to cut back on other costs - particularly, employment and wage increases - to maintain profitability. This would circle back into ...

Millennial super fund creates advisory board

ALEX BURKE  |  WEDNESDAY, 4 OCT 2017
A technology-focused millennial superannuation fund has appointed APRA and Ellerston luminaries to its newly-created advisory board at the same time as slashing member fees. The advisory board for Spaceship will be led by former APRA executive general ...

Pensioners to pay less at industry fund

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2017
One of Australia's largest superannuation funds cut administration fees across all its pension products as of 30 September. Sunsuper members with an income account will now pay $1 less per week, with the $46 billion fund dropping weekly pension fees ...

Merger leads to fee cuts at Equip Super

ALEX BURKE  |  TUESDAY, 3 OCT 2017
Equip said its merger in July this year has enabled the $14 billion super fund to cut administration fees and drop buy-sell spreads on investment transactions. The merger with the Rio Tinto Staff Superannuation Fund, Equip continued, has provided sufficient ...

Former Financial Wisdom adviser banned

EMMA RAPAPORT  |  FRIDAY, 29 SEP 2017
A former authorised representative of Financial Wisdom has been permanently banned from providing financial services. Koresh Daniel Houghton was found to have engaged in misleading, deceptive and dishonest conduct and failed to act in his clients' best ...

Trump-flation returns

BENJAMIN ONG  |  FRIDAY, 29 SEP 2017
... be given a boost by the tax reductions but growth and activity are doing nicely thank you very much. Everybody loves a tax cut but the extra boost to incomes would be eroded by higher inflation and ever higher interest rates.

Life insurers challenged by waning planner loyalty

JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2017
Almost half of all financial planners cut ties with at least one life insurer in the last 12 months and a further 27% intend to follow suit. Investment Trends' annual Planner Risk report for 2017 shows a record 47% of planners changed life insurer last ...

A matter of assumptions

BENJAMIN ONG  |  TUESDAY, 26 SEP 2017
While most of the world's biggest central banks have embraced uber-transparency, the Reserve Bank of Australia (RBA) appears to still be subscribing to "fedspeak". It's still keeping Australians in the dark about its next policy movement. In its September ...

Big four ditch ATM withdrawal fees

ALEX BURKE  |  MONDAY, 25 SEP 2017
... no matter who they bank with. This is one of the steps we're taking to make that happen," Comyn said. NAB said its own fee-cut represents how the bank has "led the industry" in this regard, given its multiple cost-cutting measures, including currently ...