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Showing 161 - 170 of 1523 results for "Minimum"

July 1 super changes: Are you ready?

CASSANDRA BALDINI  |  THURSDAY, 30 JUN 2022
... increase the Superannuation Guarantee contribution rate they pay from the existing 10% to 10.5%. Further, the $450 monthly minimum threshold that has long been a thorn in super funds' side will be no longer. According to data released by Association ...

Retirement Income Covenant a win for advisers - but for how long?

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... For example, retiree members would benefit greatly from expenditure advice, he said, as so many choose to draw down the minimum to not run out of money but are simultaneously not giving themselves enough money. Nanayakkara added that what's lacking ...

Diverger makes $65m bid for Centrepoint Alliance

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... price of the last six months. Diverger also said it is open to paying a dividend of up to $0.02 per share, provided a minimum balance of $8 million remains upon completion. This would have no impact on the offer price. If successful, Diverger's financial ...

Centuria sets up new agriculture fund

CHLOE WALKER  |  THURSDAY, 23 JUN 2022
... as well as those where farming operations can be expanded or improved through capex funding," Huljich said. The fund's minimum investment is set at $10,000 and has a starting distribution rate of 5.25cpu. The glasshouse is the cornerstone asset and benefits ...

Young investors undeterred by volatility: Data

CHLOE WALKER  |  THURSDAY, 23 JUN 2022
... young people, particularly women, who are becoming more proactive in dealing with historical hurdles like lower wages, minimum cheque sizes, access to education and support." Kresina said that alongside allocating a higher portion of their already reduced ...

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
... "It's also probable that adjustments to public sector wages policies and the upcoming Fair Work Commission ruling on new minimum and award rates would result in faster wages growth for affected workers in the period ahead." Even while measures of ...

NSW to introduce options for first home buyers

CASSANDRA BALDINI  |  TUESDAY, 21 JUN 2022
... contribution for a new dwelling will be up to 40% with a 30% offering for existing dwellings. Participants must have a minimum 2% deposit of the purchase price, with no lenders mortgage insurance required and earn a maximum gross income of $90,000 for ...

You can't have it all: Retirement income strategies

JAMIE WILLIAMSON  |  THURSDAY, 16 JUN 2022
... For example, retiree members would benefit greatly from expenditure advice, he said, as so many choose to drawn down the minimum so as to not run out of money but are simultaneously not giving themselves enough money. "They often don't know the expenses ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
The Fair Work Commission has today announced a 5.2% increase to the minimum wage which will come into effect from July. The Fair Work Commission has announced that the new minimum wage will be $812.60 per week or $21.38 per hour. The commission panel ...

Super industry levies insufficiently detailed: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
... on how the levy amounts for each agency related to their regulatory activities. ASFA concluded that transparency around minimum and maximum levies needed to improve. The industry body also said that while Treasury has previously acknowledged its concerns ...