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Showing 1621 - 1630 of 5911 results for "Rates"

University to probe reverse mortgages

KANIKA SOOD  |  TUESDAY, 11 JUN 2019
... "While economic theory predicts that households would demand reverse mortgages to improve retirement funding, the take-up rates for reverse mortgages are low in Australia and internationally," Hanewald said. "Combining our research track record and Household ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... billion, larger than the size of South Africa's economy." But more than that, expectations that the Fed would cut interest rates by at least once this year have been mounting because the global slowdown is beginning to hit closer to home, with the ...

SG below 10% fails super objective

HARRISON WORLEY  |  FRIDAY, 7 JUN 2019
... argument, the researcher said the nation could not rely entirely on the super system continuing to deliver the high real rates of return that it has for the last 30 years. If super continued to perform as it has, a lower rate of SG might be possible ...

Wills and BDBN raise adviser interest

KARREN VERGARA  |  FRIDAY, 7 JUN 2019
... allow income-splitting opportunities and beneficiaries to receive funds at the right time. While minors are taxed at adult rates, testamentary trusts enable children to take control at the right time, Glomb added.

Super calculators to align with MoneySmart

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
Superannuation and retirement income calculators will adjust the inflation rates they use after an ASIC instrument amendment. ASIC updated the instrument governing superannuation and retirement income calculators to require providers to adjust for inflation ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... year to the December 2018 quarter. This gave credence to the Reserve Bank of Australia's (RBA) decision to cut interest rates to a record low of 1.25% just a day before the Australian National Accounts were released. While the RBA's rate reduction ...

Risk commission changes imperil advice practices

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2019
... thereafter. "The commission model gets the blame for poor advice, poorly documented and delivered advice, no advice and lapse rates when objectively it isn't responsible for the life insurance industry's myriad of problems," ClearView said.

Chief economist update: The path of monetary policy according to Lowe

BENJAMIN ONG  |  WEDNESDAY, 5 JUN 2019
... takes the country's monetary policy into uncharted waters. More uncharted it would be if JP Morgan's prediction that rates will drop to as low as 0.5% by 2020 proves accurate. Perhaps. Mounting expectations the US Federal Reserve would reduce ...

Minimum wage rises by 3%

HARRISON WORLEY  |  TUESDAY, 4 JUN 2019
... Effective from the first full pay period starting on or after July 1, the increase will apply to all employees whose pay rates are determined by the NMW or a modern award, and employees who aren't covered by an award or agreement. Employees covered by ...

J.P. Morgan cuts management fees

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
... anchored in cash, leaving them stuck with low returns, while the likelihood the Reserve Bank of Australia cutting interest rates this year may further exacerbate the challenge for income-hungry investors. "We want to lower the barrier for investors to ...