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Showing 181 - 190 of 3742 results for "Figure"

Stage 3 tax cuts pass Senate

JAMIE WILLIAMSON | WEDNESDAY, 28 FEB 2024

... Treasury will reduce the 19% tax rate to 16% and increase the threshold for the 37% tax rate from $120,000 to $135,000 (see Figure 1 and 2). Source: H&R Block A person on an average income of $73,000 will receive a tax cut of about $1504, the government ...

Pay gaps at super funds, fund managers revealed

JAMIE WILLIAMSON | TUESDAY, 27 FEB 2024

The median gender pay gap on base salaries across financial services is 23.6%, according to the Workplace Gender Equality Agency (WGEA), with individual employer pay gaps reported for the first time as part of the government's strategy to solve ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN | TUESDAY, 13 FEB 2024

... last two years - which haven't changed since 2001. Initially, only 1.5% of households met this criterion, but now, that figure has ballooned to 11.7%. In response to this, the FSC has proposed revising the net asset threshold to $5 million, including ...

Betashares to launch Nasdaq ETFs

CHLOE WALKER | THURSDAY, 8 FEB 2024

... clients. Nearly a third (30.9%) of buying volumes from advisers was directed to ETFs in 2023, up from a quarter in 2022. The figure was even higher for younger advised investors, with ETFs accounting for almost half (49.2%) of buy trades via advisers ...

Novigi completes QMV Solutions deal

JAMIE WILLIAMSON | WEDNESDAY, 7 FEB 2024

Novigi has formally acquired QMV Solutions, including the latter's Investigate DQ software, for an undisclosed figure. Novigi delivers data and technology services to financial services companies including Mercer, Link and Vanguard Super. It said QMV ...

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN | THURSDAY, 1 FEB 2024

Annual inflation in December 2023 was 4.1%, down from 5.4% the previous quarter, but still above the Reserve Bank of Australia's (RBA) 2-3% target band. This marks the fourth consecutive quarter of declining annual inflation, down from a peak of 7.8% ...

Treasury unveils Stage 3 tax cuts changes

KARREN VERGARA | MONDAY, 29 JAN 2024

... proposing to reduce the 19% tax rate to 16% and increase the threshold for the 37% tax rate from $120,000 to $135,000 (see Figure 1 and 2). Under the recommended package, all taxpayers are promised a lower tax liability. Source: H&R Block Australia Treasury ...

Commerzbank acquires Aquila Capital

JAMIE WILLIAMSON | TUESDAY, 23 JAN 2024

... Commerzbank is expanding into sustainable asset management, taking a majority stake in Aquila Capital for an undisclosed figure. Commerzbank will acquire 74.9% of the renewable energy-focused manager, while the remaining stake stays with Aquila's parent ...

AFCA reports unprecedented complaint spike

ANDREW MCKEAN | TUESDAY, 9 JAN 2024

The Australian Financial Complaints Authority (AFCA) received a record 102,790 complaints from consumers and small businesses unable to resolve disputes with financial firms in 2023. This marks the first time Australia's financial dispute resolution ...

A third of Aussies want life insurance advice: Research

CHLOE WALKER | THURSDAY, 7 DEC 2023

... Interestingly, social media is not a popular source of information, with only 8% of people turning to it for guidance. This figure is much higher for younger Australians, with almost 20% of those aged 18 to 24 using social media to determine their life ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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