Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2071 - 2080 of 6134 results for "Australians"

PYSP reunites $4.3bn of lost super

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
... million) and Northern Territory ($161 million). "$7 billion in reclaimed super is a terrific outcome for thousands of Australians who have been reunited with their own hard-earned wages," Hume said. "There remains around $13.8 billion in unclaimed super ...

Chester eyes ASIC chair role

KARREN VERGARA  |  FRIDAY, 19 MAR 2021
... pocket. O'Neill pressed Shipton on how much he paid for legal advice to fight for his job, given that ordinary Australians do not have the same privilege. He declined to answer, saying that it was a private matter. Following discussions with the ...

Active funds quell passive flows

KARREN VERGARA  |  FRIDAY, 19 MAR 2021
... However, passive ESG funds are also on the rise even though they are more expensive than conventional index trackers. Australians lag behind when it comes to adopting passive ESG funds, while Asian investors have shown no interest at all. Looking at ...

Synchron demands clarity from insurers

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
... leaving more people without the protection they need," he said. "That's a very poor outcome for Australia and for Australians." Trapnell insisted it is in the best interests of policy holders and advisers for insurers to publicly share how they plan ...

AustralianSuper introduces insurance changes

KARREN VERGARA  |  WEDNESDAY, 17 MAR 2021
AustralianSuper and its insurer TAL are making several changes to insurance premiums that will amend work-cover ratings and see some members pay lower premiums. Following its annual insurance review, Australia's largest superannuation fund, which ...

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
The new best financial interests duty (BFID) could see members pay higher administration fees as the record-keeping obligations ramp up, superannuation funds and industry experts warn. The reforms, which are part of the Your Future Your Super legislation ...

Banks still failing customers after Royal Commission

ELIZA BAVIN  |  TUESDAY, 16 MAR 2021
... huge problems in the system," Kirkland said. "Repealing safe lending laws is an extraordinary thing to do when many Australians are struggling in the wake of COVID-19. "If passed, this will be the biggest handout to the banks we've seen in decades. This ...

Super for house deposits will push up prices: ASFA

KANIKA SOOD  |  MONDAY, 15 MAR 2021
Allowing Australians to use their superannuation savings to buy property will push up house prices and worsen affordability for low-income earners, says ASFA. Liberal member of parliament Tim Wilson is currently campaigning to let Australians use their ...

Economic recovery has been stronger than expected: Lowe

ELIZA BAVIN  |  MONDAY, 15 MAR 2021
... facing the nation, the recovery process has been impressive. "As a nation, we have responded very well to the pandemic. Australians have pulled together and been prepared to do what is necessary to contain the virus and support one another," Lowe said. ...

Turnbull calls out Wilson, Bragg

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... firing up stronger demand." Additionally, Turnbull said the Morrison government's early release scheme, to allow Australians to access up to $10,000 from their super if they had been impacted by COVID-19, was also the wrong policy decision. "I would ...