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Showing 1471 - 1480 of 4006 results for "Cut"

Labor fights phoenix fraud

EMMA RAPAPORT  |  WEDNESDAY, 24 MAY 2017
The Federal Opposition is acting to protect employees and small businesses from phoenix activity through a package of proposed reforms. The package will see the granting of new enforcement tools for the Australian Securities and Investments Commission ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
... indicate that Australian consumers won't be in a hurry to bump up discretionary spending anytime soon - worse, they may even cut down on purchasing necessities. The sluggish growth in wages is the other hand that's not clapping for ScoMo. The May 2017 ...

Rising yields benefit active managers

KARREN VERGARA  |  FRIDAY, 19 MAY 2017
... to 1%, and hinted two more increases in 2017 and another three in 2018. In Australia, the market has removed further rate cut expectations by the Reserve Bank but is factoring in rate increases in bond prices over the next two years. Passive mangers ...

Global infrastructure need deepens profit opportunity

JAMIE WILLIAMSON  |  MONDAY, 15 MAY 2017
... seen this happen over the last market cycle, where infrastructure outperformed the broader market both as the Federal Reserve cut the cash rate and also when it was raised," Shaw said. She said this growing market holds almost unprecedented opportunities ...

K2 slashes fees for three funds

ALEX BURKE  |  THURSDAY, 11 MAY 2017
Following a round of fee reductions from Vanguard and Platinum Asset Management, K2 Asset Management will cut management and performance fees for three of its managed funds. For the K2 Australian Fund, the management fee will fall from 1.54% to 1.31%. ...

What the 2017 Budget means for you

DARREN SNYDER  |  TUESDAY, 9 MAY 2017
... continue to be able to immediately write off expenditure up to $20,000 for a further year. They will also have their tax rate cut to 27.5% for the 2016-17 financial year, the lowest level in 50 years. The government added this lower corporate tax rate ...

Budget for the wealthy: Labor

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... businesses. The Turnbull government's budget has locked in $16,000 in tax cuts for people making $1 million a year, he said, and cut funding for schools (including TAFE) and Medicare. The Medicare levy will increase on 1 July 2017 from 2% to 2.5% to ...

SMSFs hit hard by super reform

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... members aged under 65 have balances between $1.4 and $1.6 million and will therefore have their bring-forward contribution caps cut back under the new rules. There will be a lot of people "nervously discussing with their accountant or financial planner" ...

ANZ and ETFS cut ties

ALEX BURKE  |  THURSDAY, 4 MAY 2017
ANZ ETFS is no more as the rapidly-downsizing bank decided to end its joint venture with ETF Securities, creating a separate business in the process. ANZ ETFS has been rebranded ETF Securities Australia, and eight exchange-traded products originally ...

Future of ANZ Wealth uncertain amid profit slide

ALEX BURKE  |  WEDNESDAY, 3 MAY 2017
ANZ Wealth's profit share in the bank's overall results continued to decline in the first half of FY17, underscoring six months of speculation as to the division's future. Back in November, ANZ chief executive Shayne Elliott said in a media briefing ...