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Showing 151 - 160 of 2034 results for "Either"

RBA feels 'not enough has changed'

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
... uncertainty about the economic outlook." The board summed up the meeting by agreeing that there was still a potential for either scenario; one in which it needs to hike rates again or begin the easing cycle. "Members agreed that, while it was important ...

Wholesale investor test changes on ice: Parliamentary committee

KARREN VERGARA  |  FRIDAY, 4 OCT 2024
... value test if they have investible assets of $500,000-plus. The other is the individual wealth test in which investors have either net assets of $2.5 million or gross income of $250,000 per annum for the last two years as verified by a professional accountant's ...

'Alarming' figure in retirement research

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
... one-in-two Australians believe super would be their main source of retirement income and 58% recognised their super is either their largest or second-largest financial asset. Additionally, the survey found Australians are much more engaged with their ...

Lost super bill sits at $18bn: ATO

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... super funds. Of those, $471 million is owed to people aged over 65. Lost super is held by super funds where the member is either uncontactable, being that the fund has lost contact with the member and the account hasn't received a contribution for 12 ...

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... upon and there are no further disputes, the payments will be made. Macdonald expects that the entire process will finalise either in March or June of next year. Some 475 group members took part in the class action. Ninety-two or 20% of the participants ...

Consultation begins on new merger notification thresholds

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
... if the combined Australian turnover of the merger parties, including the acquirer group, is at least $200 million, with either the Australian turnover being at least $40 million for each of at least two of the merger parties or if the global transaction ...

NGS Super to cut insurance premiums

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... investment fee for its default option will reduce from 0.84% to 0.83% from October 1. Most other investment options saw either a slight decrease or no change in fees, except for the international shares option, where fees will marginally increase from ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... Adversely, more than half (51%) told HESTA that they did not alter their retirement plans, while 6% have been forced to either withdraw their super due to financial hardship or cut back on salary sacrifice contributions. Further, the study revealed that ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... its customers. Bit Trade's "margin extension" product, which allowed for margin extensions to be made and repaid in either digital assets like Bitcoin or national currencies such as US dollars, has been available on the Kraken exchange for several ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... or proper or competent, and ensures that changes in control of any financial market infrastructure must be approved by either the minister or ASIC," he said. Climate reporting The bill also introduces mandatory climate reporting requirements for large ...