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Showing 1451 - 1460 of 8014 results for "Average"

CBA ups remediation bill for advice

ELIZA BAVIN  |  THURSDAY, 30 JUL 2020
... including $698 million in customer refunds and $136 million in program costs. The bank said the updated provisions assumes an average refund rate of 37% (excluding interest) of the outgoing service fees collected between FY09 and FY19, with 61% including ...

Financial comfort reliant on fiscal support: ME Bank

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... three months if they lost their income. Interestingly, 21% of households have less than $1000 in savings with just an average of $300 which is significantly lower than the current JobSeeker fortnightly payment. "Financial comfort levels are up for now ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... response to changes in inflation, output, or other economic conditions" - given the relative deviations of inflation (1.25% average of trimmed mean and weighted median) from target (2.0%-3.0%), GDP growth (1.4% in Q1 2020) from potential (2.75%) and ...

Janus Henderson lists new active ETF

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
... portfolio of mostly Australian income producing assets, with 443 securities on a look through basis at June end. Weighted average credit quality was AA- and fund's modified duration was 1.29 years compared to benchmark's 2.93. It had 47% of the portfolio ...

Queenslanders drain super: ISA

ELIZA BAVIN  |  WEDNESDAY, 29 JUL 2020
... billions more will be drained from Queenslanders' retirement - a bill they cannot afford," ISA said. ISA estimates Brisbane's average payment was $7659 with 8693 individuals emptied their balance, while Griffith's average payment was $7754 with 7469 ...

Tasmania leads the nation: CommSec

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... economic growth and construction works done. Economic activity in Victoria in the March quarter was 26.5% above its decade-average level of output, ahead of Western Australia with an output of 22.7% above the norm. Tasmania came in third (up 21.2%) ...

Repeat ERS applications hit one million

ELIZA BAVIN  |  MONDAY, 27 JUL 2020
... during the week was $2.7 billion, bringing the total value of payments since the scheme's inception to $28 billion. The average payment made over the period since inception is $7719 overall and $8619 for repeat applications. As at July 19, 94% of applications ...

FASEA confirms 2021 exams

ELIZABETH MCARTHUR  |  FRIDAY, 24 JUL 2020
... locations around Australia. "We have seen a strong performance by most advisers sitting the exam, with 86% of candidates on average passing each exam on the first sitting," FASEA chief executive Stephen Glenfield said. "So nearly nine out of 10 of the ...

Super to lose $3tn by 2040

JAMIE WILLIAMSON  |  FRIDAY, 24 JUL 2020
... announcement yesterday that the scheme has been extended to December 31. MySuper products are also expected to demonstrate an average return of -0.7% for last financial year - the lowest returns since the Global Financial Crisis. The projection of a ...

IPOs halve off the back of COVID-19

ANNABELLE DICKSON  |  WEDNESDAY, 22 JUL 2020
... quarter. In addition, nine of the new listings met their subscription targets and performed well for investors, recording an average gain of 16% compared to the 12% loss recorded on the All Ordinaries Index. HLB Mann Judd partner and author of the report ...