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Showing 1671 - 1680 of 4006 results for "Cut"

Equip drops super fees

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
Industry superannuation fund Equipsuper has presented members with an early Christmas present, announcing it will cut fees and costs for accumulation and pension members from February 2016. Fee and cost cuts at the $7 billion fund have come from investment ...

Lift then back to zero (even negative)?

BENJAMIN ONG  |  TUESDAY, 15 DEC 2015
... 16% believing it would be negative in the next five years. "Any number of factors could force the Fed to reverse course and cut rates all over again: a shock to the U.S. economy from abroad, persistently low inflation, some new financial bubble bursting ...

ISA launches super tax plan

DARREN SNYDER  |  MONDAY, 14 DEC 2015
Industry Super Australia (ISA) believes it has a tax package that would boost aggregate superannuation savings by $625 billion to 2055. After publicly arguing the case for a " super seed " in September, ISA is reinforcing several other tax initiatives ...

Local shares lacklustre in 2016

MARK SMITH  |  MONDAY, 14 DEC 2015
... yield. This is especially pertinent given the outlook for interest rates," Bryant continued, adding that the Reserve Bank could cut interest rates more than once next year. All eyes will of course be on the US Federal Reserve, which Bryant said could ...

Belabouring the labour market stats

BENJAMIN ONG  |  FRIDAY, 11 DEC 2015
... trend growth in the Australian economy, the slowness of the non-mining sector to fill up the big hole left by mining and job cut announcements... here, there and everywhere, the Australian Bureau of Statistics (ABS) reported yesterday that 71,400 jobs ...

Four steps up, four steps down

BENJAMIN ONG  |  THURSDAY, 10 DEC 2015
... adjustments to its official cash rate target over the past few years. Yesterday's decision by New Zealand's central bank's to cut interest rates - the fourth time this year - by 25 bps to 2.5% completes the final reversal of the four rate hikes it did ...

Individual risk income premiums top $2.4bn

DARREN SNYDER  |  FRIDAY, 4 DEC 2015
Individual risk income premium inflows increased 5.5% to more than $2.4 billion in the year to September 2015 according to the latest Plan For Life data. BT/Westpac led the overall percentage growth, recording a 16.7% increase in risk income inflows ...

Did ECB under-deliver or markets over-expect?

BENJAMIN ONG  |  FRIDAY, 4 DEC 2015
... his December promise. The decision: the repo rate unchanged at 0.05% (can't do anything about this anyway); the deposit rate cut to minus 0.3% (markets expected a cut to minus 0.4%) from minus 0.2%; asset purchase programme extended by six months to ...

Fairy tales may come true

BENJAMIN ONG  |  THURSDAY, 3 DEC 2015
... year - following a "downwardly revised 4.4% decline in the second quarter. And China? Why oh why do you think the PBOC has cut interest rates six times since November last year and is expected to do some more? But let's not stop at China, there's Europe ...

Retirees should draw on home equity: Productivity Commission

DARREN SNYDER  |  TUESDAY, 1 DEC 2015
... of retirement income. Commissioner Karen Chester said when faced with lower incomes, older Australians are more likely to cut expenditure than draw down on their wealth and it is "a surprising tale of precautionary saving." A commission initiated survey ...