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

Search Results

Showing 191 - 200 of 349 results for "Echo"

International media question Australia's "austerity budget"

LAURA MILLAN  |  THURSDAY, 15 MAY 2014
International media reports on the 2014/15 federal budget reflect concerns that cuts will hit consumer confidence in an economy that is doing better than most of its counterparts. "Australia's first budget under Tony Abbott was either brave or foolhardy," ...

Delay in SG rise 'disappointing', says industry

JAMES FERNYHOUGH  |  WEDNESDAY, 14 MAY 2014
The government will delay the staggered increase of the superannuation guarantee (SG) to 12% for an extra year, it has revealed in the 2014/15 budget. On 1 July 2014, the SG will go up to 9.5% and will remain at that level until 2018, when it will rise ...

Industry prepares for Abbott's first budget

JAMES FERNYHOUGH  |  TUESDAY, 13 MAY 2014
Age pension eligibility, infrastructure and the deficit look likely to take prominent position in tonight's budget, described by Prime Minister Tony Abbott as bringing "pain with purpose." However, superannuation and financial services are expected ...

Larry Fink pays tribute to Australian super system

MARK SMITH  |  THURSDAY, 24 APR 2014
... policymakers and institutional investors to facilitate bringing the infrastructure opportunity to scale." Fink's comments echo increasing attention Australia's superannuation system has been receiving in the US. Earlier this month the Australian superannuation ...

ISA 'deeply concerned' over banks' MySuper campaign

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
... as the default for their employees. "This is clearly fraught with potential conflicts of interests." Whiteley's concerns echo those expressed by Cbus chief executive David Atkin, who fears that banks could offer their business clients potentially illegal ...

Portfolio disclosure's unintended consequences

ALEX DUNNIN  |  TUESDAY, 22 APR 2014
Stronger Super's portfolio disclosure rules present major challenges to super funds investing in private markets, not because the investments are opaque but because portfolio disclosure could require them to disclose their intentions about future transactions. ...

Advisers have to act in client's best interests: PM

ALEX DUNNIN  |  TUESDAY, 18 MAR 2014
Prime Minister Tony Abbott has echoed claims that regardless of what the government does to the Future of Financial Advice (FoFA) legislation that financial advisers will still have undefined best interests obligations. Speaking at Parliament House ...

FoFA changes must go before parliament: Collins

JAMES FERNYHOUGH  |  MONDAY, 10 FEB 2014
The government's proposed changes to the Future of Financial Advice (FoFA) reforms must be debated as legislation in Parliament, according to Industry Super Australia (ISA) chair and former NSW Liberal leader Peter Collins. The government is currently ...

Market Wrap AM

AAP  |  WEDNESDAY, 5 FEB 2014
... Wednesday, the Australian Industry Group Australian Performance of Services Index (PSI) for January is due out. In equities news, Echo Entertainment is expected to post first half results. And, the Federal Court is expected to make its judgment in the ...

Big fall one day, up and away the next

BENJAMIN ONG  |  WEDNESDAY, 15 JAN 2014