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

Search Results

Showing 131 - 140 of 1551 results for "Offset"

Pandemic-era savings to dry up: CBA

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
... there is still a large stock of excess additional savings that was accrued during the pandemic that is sitting in mortgage offset and redraw facilities. "But the evidence to date indicates that households, as a collective, do not want to drill down on ...

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... body has recommended that $750 million of the revenue generated be allocated to increase the Low-Income Superannuation Tax Offset (LISTO) threshold from $37,000 to $45,000, as well as raising the maximum payment from $500 to $700. It said this change ...

Trump victory will jostle trade war, interest rates: Morningstar

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
... to grow through industrial exports. "China is the major source of demand for mined commodities. China's ability to offset weakness in infrastructure and building investment through investment in factories and export growth is likely to be weakened ...

Magellan adds $2bn to FUM

MATTHEW WAI  |  WEDNESDAY, 7 AUG 2024
... Throughout the month, the fund manager experienced net outflows of $100 million, with net retail outflows of $1 billion largely offset by net institutional inflows of $900 million. Some $800 million of the outflows were related to the conversion of the ...

US election outcome tops investor concerns: Natixis

MATTHEW WAI  |  WEDNESDAY, 31 JUL 2024
... election outcome is intangible, many of its clients - including a wide range of super funds - will look to defensive assets to offset the unpredictability. "We're seeing demand for quality defensive assets and fixed income strategies to balance growth ...

Insignia Financial flags more remediation ahead

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... announced today will not require a capital raise from shareholders." The impact of the increased provisions will be partially offset by $8 million in expected GST refunds on remediation payments, the company said. Insignia Financial lost 14 advisers ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... contraction in 2022 was largely attributable to currency effects, such as a strong USD. However, the bounce back of 4.2% offset the loss from 2022. UBS Wealth Management Australia managing director Andrew McAuley said that while wealth grew in 2023 ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... banks must make choices about how best to use their capital," Elliot said. "Business areas that don't offer enough scale to offset costs have become less attractive. "ANZ is not immune to this pressure." Secondly, he said that financial crime regulation ...

Investment veterans take on new roles

ELIZABETH FRY  |  MONDAY, 8 JUL 2024
... its new chief investment officer. He is tasked with managing the insurance commission's investment portfolio held to offset insurance liabilities. McKenna's appointment follows the departure of Julie O'Neil, who left last month to join the ...

Stafford Capital wins $569m mandate

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
Stafford Capital Partners announced it has been selected as a manager for the ACCESS Pool in global core timberland, and as ACCESS' sole global impact timberland manager. The initial size of the ACCESS timberland mandate is around £300 million ($569 ...