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Showing 151 - 160 of 3122 results for "Crisis"

Stage 3 tax cuts pass Senate

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... will automatically take effect on July 1. The Albanese government said the amendments were made due to the cost of living crisis. Now, everyone will benefit from a tax cut, it said. However, those earning over $180,000 will see their promised tax cut ...

US family office launches Australian arm

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
... international markets," it said. Asena chair Peter Nathanial said that as part of the fallout from the global financial crisis, international banks found themselves facing enormous regulatory hurdles which ultimately resulted in changed business models ...

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
... buy the necessities they need to live. This is real money owed to workers, compounding the impacts of the cost-of-living crisis. Even a small amount of wage theft could mean the difference between paying the rent, buying groceries, or paying for transport ...

REITs primed for investor cash amid uncertainty

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
... investment option during the more common recessions of the past 35 years, indicating that COVID-19 and Global Financial Crisis were more of an exception than the norm. Principal Asset Management chief investment officer Todd Jablonski said the discount ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... rules for purposes like aiding first home buyers or providing support during economic downturns, as seen during the COVID crisis. "Members' money is being used to ensure that super is hermetically sealed, even though that might not be in the interest ...

Market performance fails to sway retirement confidence: State Street

ANDREW MCKEAN  |  FRIDAY, 19 JAN 2024
... to expectations, State Street's Global Retirement Reality report found that factors like inflation, the cost-of-living crisis, housing costs, and medical expenses are most responsible for eroding retirement confidence. Notably, these concerns outweighed ...

Mild recession in 2024, higher interest rates: Vanguard

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... "Policy rates are therefore likely to remain at heightened levels compared with periods following the Global Financial Crisis and COVID-19 pandemic." The fund manager maintains its position on sticking to a 60-40 portfolio, confident in the probability ...

Small-cap shares set to soar: Flinders

CHLOE WALKER  |  FRIDAY, 24 NOV 2023
... Standard, Macdougall discussed the significant downturn small caps have experienced - the biggest since the Global Financial Crisis (GFC). "For almost two years now, small caps have underperformed large caps, and for the most part this has come down ...

Cost-of-living crisis puts young members at risk: Rest

ANDREW MCKEAN  |  TUESDAY, 31 OCT 2023
Rest has reported that rising cost-of-living pressures are harming the mental health and financial future of young members, intensifying pre-existing concerns about retirement. A survey commissioned by the $75 billion industry fund revealed that 73% ...

Macquarie breaks into top 50 fund manager list

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
... the value of their assets drop 14% to US$113.7 trillion at the end of 2022, the largest fall since the Global Financial Crisis. The fall in the equity and bond markets prompted managers to shift their weightings to alternative investments, increasing ...