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

Search Results

Showing 1451 - 1460 of 8613 results for "Lower"

Super remains grossly inequitable: Per Capita

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... and preserved for retirement and that policy settings are adjusted to improve equity for women by compensating for women's lower levels of workforce participation, the gender bias that pervades economic policy and wage setting, and the disproportionate ...

ERS to lead to rising pension costs, higher taxes

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
... significantly increase the long-term Age Pension costs borne by taxpayers. Total retirement incomes will be substantially lower, it said, while a spike in Age Pension expenditure would likely be funded by higher taxes. In light of this, the ISA argued ...

JobKeeper extension passed

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... employed for less than 20 hours a week on average in the four weekly pay periods ending before 1 March 2020 will receive the lower payment rate. "The phasing down of the JobKeeper payment will ensure a smooth and gradual transition to economic recovery ...

Market rebound leaves behind active managers

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
... three months to June, according to asset management consultant Casey Quirk, a subsidiary of Deloitte. Many clients fled to lower-fee bond and cash funds amid the market uncertainty, while fee discounting further contributed to a 2.2% decline in average ...

Chief economist update: AUD on the up and up

BENJAMIN ONG  |  TUESDAY, 1 SEP 2020
... appreciation in the local currency to around US$0.80. Their rationales were rational enough: The Fed's shift into a lower for longer strategy suggests that Australian interest rates would be at a premium over US rates going forward, enticing investors ...

Earnings season worst on record: CommSec

ANNABELLE DICKSON  |  MONDAY, 31 AUG 2020
... expenses. In addition, 48% of companies that reported a profit for the year to June while 52% recorded a loss. The last time a lower outcome occurred was in the 2014/15 financial year with 80% of companies issuing a statutory profit. Just over 87% of ...

Industry fund reduces fees

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... fees as of 1 October 2020. The majority of Christian Super's 28,000 members will benefit from asset allocation changes, lower fees paid to investment managers, and reduced indirect costs for some investment options. Non-pension members in the following ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... captured in the June quarter capex report with the ABS noting that: "Estimate 3 for 2020-21 is $98,624m. This is -12.6% lower than Estimate 3 for 2019-20." The board of the Australian central bank will meet tomorrow for its monthly monetary policy deliberations. ...

Evans Dixon reports $30.5m loss

KANIKA SOOD  |  FRIDAY, 28 AUG 2020
... intangibles and jointly-controlled entities from past mergers and acquisitions activity. Underlying NPATA was $13.3 million, 40% lower on previous corresponding period. "The effects of the COVID-19 pandemic have resulted in significant disruption to ...

Female access to ERS to widen gender super gap

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
... themselves at this challenging time." The analysis also found that females who accessed their super through the scheme had lower balances to begin with, suggesting they were mostly low-income women. Despite more men accessing their super than women ...