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Showing 1611 - 1620 of 13911 results for "State"

Aussies happy with compulsory super: Data

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
Australians are firm believers in the superannuation system, with 80% of fund members believing those who are self-employed should also be mandated to contribute. This is a headline result from the Association of Superannuation Funds of Australia (ASFA) ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
These are just some of the recommendations from Grattan Institute ahead of the federal budget, which also include counting more of the family home in the aged pension assets and residential aged care means tests. With Australia on course for 25 straight ...

Vanguard cuts fee on bond ETF

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... Vanguard said. VAF invests in a range of fixed interest products. This includes bonds issued by the Australian Commonwealth and state governments, as well as investment-grade bonds rated as BBB- or higher. At the end of February, VAF returned 2.47% p.a. ...

Lowe reinforces more hikes may come

ANDREW MCKEAN  |  THURSDAY, 6 APR 2023
The Reserve Bank of Australia (RBA) hit pause on interest rate hikes this week, but RBA governor Phillip Lowe has told the National Press Club that doesn't mean they're off the table altogether. In an address, Lowe said the decision to hold ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
Industry groups have welcomed the Your Future, Your Super (YFYS) review's focus on consumer interests by targeting poor performing super funds. Responding to yesterday's release, Financial Services Council (FSC) commended the government for ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... increases to set in. "The decision to hold interest rates steady this month provides the board with more time to assess the state of the economy and the outlook, in an environment of considerable uncertainty," he said. More importantly, Lowe warned that ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
Economists are split on the Reserve Bank of Australia's (RBA) upcoming decision on whether to raise the cash rate from 3.6%. The major banks are at odds: ANZ and NAB forecast a 25 basis point cash rate hike, while Commonwealth Bank and Westpac anticipate ...

Linchpin, Endeavour directors found guilty

JAMIE WILLIAMSON  |  TUESDAY, 4 APR 2023
The Federal Court has determined that four current and former directors of the now defunct Linchpin Capital Group and Endeavour Securities breached their duties and didn't serve investors' best interests. The court found that, between 2015 and ...

Former Octaviar director sees charges dropped

CHLOE WALKER  |  TUESDAY, 4 APR 2023
... longer in the public interest to continue with the prosecution given new and compelling medical evidence about the poor state of Anderson's health. Anderson, who was also the chief financial officer of Octaviar, was discharged by the judge. In 2021 ...

Harvest Lane backs US cybersecurity firm

CHLOE WALKER  |  TUESDAY, 4 APR 2023
Harvest Lane Asset Management (Harvest Lane) led a $17.2 million funding round for cybersecurity company Votiro, with the investment chief joining the technology firm's board. The new funding aims to accelerate Votiro's global marketing and sales reach ...