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Showing 1601 - 1610 of 5160 results for "Rest"

Industry fund in successor fund transfer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUN 2020
... instalments. An initial payment of 80% of the requested amount will be made upon receipt of the ATO's determination and the rest will be paid on completion of the SFT. Full withdrawals that will result in the closure of a member account where the ...

AustralianSuper gives Rio Tinto slap on the wrist

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
... has a $1.047 billion stake in Rio Tinto. About $910 million of that is from the fund's accumulation accounts and the rest is across retirement diversified, Australian equities and member direct options. The majority, 79% or $715 million, of that ...

Mayfair to drop use of platinum

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
Mayfair 101 has settled its trademark dispute with Platinum Investment Management over the use of the word "platinum" in the Mayfair Platinum brand. The settlement requires Mayfair 101 to cease using its Mayfair Platinum brand name from 30 June 2020. ...

We cannot prevent the blow: PM

ELIZA BAVIN  |  TUESDAY, 16 JUN 2020
Prime Minister Scott Morrison said the government will not extend stimulus packages, saying they would dull the dynamism of the economy. Delivering a speech to the Committee for Economic Development of Australia (CEDA), Morrison said that despite wide ...

AustralianSuper denies turnover issue, delays office

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUN 2020
AustralianSuper chief investment officer and deputy chief executive Mark Delaney has shot down rumours of a staff turnover issue at the fund and confirmed its planned US expansion is on hold. Appearing at a Bloomberg webinar, Delaney denied that the ...

Chief economist update: COVID-19 takes second crack at China

BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
Just when we thought that life was slowly returning to normal, reports out of Beijing have turned into reality what many feared - a second wave. While all our uncles and their dogs blamed China for the "bother" the world finds itself in, its policy ...

ISA plays devil's advocate on SG

HARRISON WORLEY  |  MONDAY, 15 JUN 2020
... cost of increasing the superannuation guarantee may be borne at least in some part by workers, with employers taking the rest of the impact. The research, submitted to the Tim Wilson-chaired House of Representatives Standing Committee on Economics, attempted ...

Men gamble ERS payment away: Research

ELIZABETH MCARTHUR  |  MONDAY, 15 JUN 2020
New data released by illion and AlphaBeta (part of Accenture) shows that there are vast differences in how early release of super payments are being spent between the genders. While women who access their super early are more likely to spend on essential ...

Real estate assets hit $316bn

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... fifth place the year before. However, ranked on real estate AUM earmarked for Asia Pacific (which includes Australia and the rest of the region), Charter Hall leads the Australian managers' ranking with $38.9 billion, followed by Goodman Group with $35 ...

ERS payments reach $15bn

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... largest super fund AustralianSuper is still leading the pack having paid out close to $2 billion to its members. Hostplus, Rest and Sunsuper are the only other funds to have surpassed the billion dollar mark. The 10 funds with the highest number of applications ...