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Showing 1481 - 1490 of 3291 results for "Above"

Super flagged to repair Australia's budget

DARREN SNYDER  |  WEDNESDAY, 30 MAR 2016
... more than $16 billion in revenue. The second budget repair option includes a marginal tax on superannuation contributions above $10,000, a move that would increase budget revenue by $8.5 billion. This would be supplemented by again halving the capital ...

Australian non-bank finance shows robust growth

WHITNEY FITZSIMMONS  |  WEDNESDAY, 16 MAR 2016
... captured an estimated 70% of the visible market. "Activity in China dwarfs much of the region, but Australia is punching above its weight, creating niche markets and capitalising on the sophistication and financial muscle of its established financial ...

Senate recommends immediate adviser bans following "bitter harvest"

ALEX BURKE  |  TUESDAY, 15 MAR 2016
... client, the product they were recommending and to have a reasonable basis for their advice... [and put] their own interests above those of their clients." The report noted that the Future of Financial Advice reforms "may well have remedied one of the ...

No tears for China's disappointing data

BENJAMIN ONG  |  TUESDAY, 15 MAR 2016
... Year) or People's Bank of China Governor Zhou Xiaochuan's "prevention is better than a cure" policy worked, or all of the above. Chinese industrial production growth slowed to a year-on-year rate of 5.4% in the January-February period - a seven year ...

We've got the power and firepower (still)

BENJAMIN ONG  |  MONDAY, 14 MAR 2016
... inflation - has turned more favourable for the hawks. The US labour market remains solidly strong, core inflation had been above the Fed's 2.0% target since November last year to 2.2% in January and the core PCE price index - the Fed's favoured inflation ...

Perennial proposes Century restructure

ALEX BURKE  |  MONDAY, 14 MAR 2016
... of 0.75% per annum plus GST on the first $150 million in funds under management, and 0.7% per annum plus GST on anything above. Century and Perennial would work together to "achieve renewal of the current Century board," as Perennial is seeking board ...

RBNZ cuts rates, biased towards further easing

BENJAMIN ONG  |  THURSDAY, 10 MAR 2016
... greeted the financial markets in the New Year has taken the NZ$ back down below US$0.65 but has been climbing since - to above US$0.68 - before the RBNZ's decision. Likewise, according to the RBNZ, "The trade-weighted exchange rate is more than 4 percent ...

Women-led super funds outperform

ALEX BURKE  |  TUESDAY, 8 MAR 2016
... and 15% of chief and deputy chief executives are women. This represents an average W-index score of 23%. If a fund scored above 30%, though, it was shown to both outperform by 50 basis points on average and "more consistently outperform," reflecting ...

With pretty numbers like these, who needs a rate cut?

BENJAMIN ONG  |  FRIDAY, 4 MAR 2016
... good tidings for the economy continue to roll. The Performance of Services Index (PSI) jumped into expansion territory (above 50) to 51.8 in February after four consecutive months of below 50 readings. Among the survey's individual components; sales ...

Rising age pension costs unfair on young people: CIS

ALEX DUNNIN  |  WEDNESDAY, 2 MAR 2016
... extension, future taxpayers who will, by necessity, be younger people. These increases in the age pension costs are over and above the impact of longevity, notes the report. "Each successive generation is asking more of the next generation than they ...