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Showing 191 - 200 of 4000 results for "Cut"

New tax cuts for every Australian 'a complete joke': UNSW

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... a further reduction to 14% effective from 1 July 2027. This means that every Australian taxpayer will receive an extra tax cut of up to $268 from 1 July 2026 and up to $536 every year from 1 July 2027, compared to 2024-25 tax settings. Budget documents ...

Government makes record commitment to Medicare

MATTHEW WAI  |  TUESDAY, 25 MAR 2025
Handing down the Federal Budget, Treasurer Jim Chalmers said the government is reducing all prescriptions available through the pharmaceutical benefits scheme (PBS), as well as investing a "record" $7.9 billion in Medicare to lift bulk billing rates. ...

Splintered globalisation a boon for AI, metals, EVs: PGIM

KARREN VERGARA  |  MONDAY, 24 MAR 2025
As geopolitical tensions and trade wars derail globalisation, artificial intelligence (AI), metals and minerals, and electric vehicles (EV) are some of the sectors poised to be winners for investors, new research from PGIM shows. This new era of globalisation ...

Tranche 2 of DBFO dumps SOAs, enables 'nudges'

JAMIE WILLIAMSON  |  FRIDAY, 21 MAR 2025
The long-awaited Tranche 2 of the Delivering Better Financial Outcomes draft package has been released, switching Statements of Advice for Client Advice Records and clarifying what topics super funds can collectively charge for. However, some elements ...

Study finds 5000 European ESG funds investing in fossil fuels

JAMIE WILLIAMSON  |  THURSDAY, 20 MAR 2025
... Urgewald's Fiona Hauke said the EU should "show more ambition" in regulating funds with ESG claims. "The SFDR overhaul must cut through the current sustainability jungle by providing clear guidelines," she said. "For all 'green' investments, strict fossil ...

RBA forecasting has been 'terrible': Yarra Capital Management

MATTHEW WAI  |  THURSDAY, 20 MAR 2025
... Keenan believes the RBA is "really behind the curve" when it comes to easing monetary policy, arguing that a delayed rate cut has little to no effect. The firm had predicted at least two interest rate cuts in Australia in 2024, however the RBA failed ...

Underperforming managers in China could see pay halved

KARREN VERGARA  |  MONDAY, 17 MAR 2025
... industry, according to a report. A Bloomberg article shows that the China Securities Regulatory Commission (CSRC) is proposing to cut fund managers' pay if they record a loss or return 10% less than their performance benchmarks. People familiar with ...

Tokenisation can save US$135m in back-office costs: Study

KARREN VERGARA  |  FRIDAY, 7 MAR 2025
... survey of 26 asset managers from Asia, the UK, US and Europe expressed their growing interest in tokenisation in a bid to cut costs in the Decoding the Economics of Tokenisation paper. Adopting digital ledger technology (DLT) would lead to less manpower ...

Super, insurance, and bank boards' 'poor practices' targeted by APRA

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
... the burden on smaller financial institutions while holding larger players to higher standards. The regulator also wants to cut through red tape by scrapping redundant requirements and creating a single, streamlined set of governance standards across ...

War on inflation: Australia vs New Zealand

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
... is still above the RBA's target band year-on-year, albeit projected to ease further," Bloxham said. "The RBA has just cut its cash rate by 25bp, the first cut in the easing phase, while the RBNZ has delivered 175bp of easing already since August ...