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Showing 2011 - 2020 of 2423 results for "Rule"

The power of optimism

BENJAMIN ONG  |  MONDAY, 16 MAR 2009
... Wall Street loves rumours. The good also came in the form of an announcement by Representative Barney Frank that the uptick rule might be reinstated, which would limit short selling. Limits on short-selling have not stopped the market descending when ...

Jobless rate in perspective

BENJAMIN ONG  |  FRIDAY, 13 MAR 2009
'Job losses worst for 18 years' (AFR). 'Australian Jobless Rate Climbs to 4-Year High of 5.2%' (Bloomberg). Boy oh boy, here we go again. Each time Australia's job numbers are updated, we get the media's display of their masochistic tendencies. We are ...

ATO targets early access and in-house rules

MICHAEL HOBBS  |  THURSDAY, 12 MAR 2009
... the SMSF sector would be difficult in the current climate. A key area of concern is trustees breaching the five per cent rule on in-house assets and encouraged trustees to have a strategy in placed should asset values continue to fall, he said. But D'Ascenzo's ...

Boomers to postpone retirement

MICHAEL HOBBS  |  TUESDAY, 3 MAR 2009
Almost half of the baby boomer generation in the UK, France, Germany, the US and Australia expect to postpone their retirement because of the global financial crisis, according to a new study. The TNS Financial Crisis Study found 44 per cent of respondents ...

SMSFs breach asset rules

MICHELLE BALTAZAR  |  THURSDAY, 26 FEB 2009
More than half of all SMSF fund breaches last year were due to the fund breaking their "in-house asset" rules, according to a new study, with some trustees effectively using their super fund as their personal cheque account. The latest research from ...

Super and pensions under attack

ALEX DUNNIN  |  THURSDAY, 26 FEB 2009
It's still open season on Australia's retirement savings system as two more reports have been released attacking the social inequity of superannuation and age pension rules. The Australia Institute has released a research paper that argues superannuation ...

Thumbs down

BENJAMIN ONG  |  FRIDAY, 20 FEB 2009
Fizzler. This is the equity market's verdict on US President Barack Obama's latest salvo on preserving the 'American Dream'. If the Dow's overnight fall to a six-year low is anything to go by, yesterday's unveiling of the US$275 billion Homeowner Affordability ...

Allianz pays $500,000 to bushfire sufferers

MICHAEL HOBBS  |  FRIDAY, 13 FEB 2009
... that total industry insured damage would reach half a billion dollars will easily be eclipsed and you couldn't at this point rule out total insured damage reaching around $1 billion." Standard & Poor's said market predictions estimate insurance losses ...

No mandate terminations: Hostplus

RUTH LIEW  |  MONDAY, 9 FEB 2009
The $7 billion industry fund Hostplus has no intentions of terminating any of its investment mandates despite the losses it suffered on them last year. Sam Sicilia, chief investment officer of Hostplus, said the industry fund is not actively looking ...

Tax bonus triggers more co-contribution

MICHELLE BALTAZAR  |  WEDNESDAY, 4 FEB 2009
The Federal Government's $950 tax bonus payment could end up costing the Government up to $2,375 per taxpayer, said Adrian Raftery, accountantsRus chief executive. Under existing superannuation co-contribution rules, the Government fully or partly matches ...