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Showing 1801 - 1810 of 8614 results for "Lower"

Use 401k to pay student debts: US senator

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
... empowering the federal government to increase its involvement in education, which will only raise costs even higher and further lower the value of our dollars to cover them, we can empower the American people to reduce the burden of debt, realize the ...

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... pressure on inflation and inflation expectations that encourage further reduction in spending - prices would be the same or lower in the future anyway. There's also that Catch-22 situation where consumer spending won't accelerate because wages ...

Super funds to crack 13% by year end, retail leading

KANIKA SOOD  |  THURSDAY, 5 DEC 2019
... 12 months to October for their MySuper and default products. Industry counterparts' average MySuper performance was lower at 10.4% for the period. However, retail's win over industry only holds for the most recent periods. "While retail MySuper ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... tax offset". (ABS) In what could be construed as a negative verdict on the country's economic outlook, the gains from lower borrowing costs and the tax cuts are being saved instead. The household savings ratio jumped to 4.8% in the September quarter ...

CBA chief tasked with rebuilding banking

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... by the competition watchdog into the banking sector, this time, examining "loyalty tax"; where new borrowers are charged lower rates than existing customers. Treasurer Josh Frydenberg said that banks were discriminating against loyal customers. "Customers ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... December 3 meeting. This is perfectly rational: Monetary policy operates with a lag - it takes about 12 to 15 months for higher/lower interest rates to flow through into the general economy; the RBA exudes optimism with its statement "the Australian ...

Global firm cuts fund fees

HARRISON WORLEY  |  TUESDAY, 3 DEC 2019
... full range of fixed income markets," Sowerby said. "In the current climate, with the cash rate at 0.75% and predicted to go lower, we believe an active fixed-income fund that can access diverse sources of income in global fixed income markets to secure ...

China still positive despite unrest

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... in $12 trillion of government bond markets globally, emerging market bonds remain quite attractive for investors, despite lower absolute yields than in early 2019." There is no doubt that China has experienced phenomenal economic growth over the past ...

Sargon opens door to trustee tech

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
Sargon has announced its full-stack trustee technology will launch as a Software as a Service (SaaS) offering for superannuation trustees in Australia and New Zealand. The financial technology and infrastructure company said its Sargon Trustee Cloud ...

Non-compliant personal advice rife at super funds: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
... staff had the highest rate of compliance, while third-party providers and those employed by a related party achieved a much lower rate of compliance In total, ASIC reviewed the advice provided by 25 super funds, however only 21 of those funds provide ...