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Showing 231 - 240 of 935 results for "Incentive"

Several black holes in budget

KARREN VERGARA  |  WEDNESDAY, 7 OCT 2020
There were several missed opportunities in the federal government's 2021 budget, according to industry leaders in the superannuation and charitable-giving sectors. The superannuation sector is letting Treasurer Josh Frydenberg's proposals sink ...

Chief economist update: Splish splash, budget cash

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2020
"Money, money, money Always sunny..." -ABBA Money, in Aussie dollar terms, amounts to "$98 billion in response and recovery support, including $25 billion under the COVID-19 Response Package and $74 billion under the JobMaker Plan" the Federal Treasury ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... depreciable asset up to $150,000 in the first year they are installed or used from 6 October 2020 until 30 June 2022. The incentive will apply to small to medium businesses with turnover of up to $5 billion and is expected to apply to around $200 billion ...

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... - which resulted in a reduction in fees (from 1% of net asset value to 0.75% of market capitalization, to provide an incentive to reduce the discount to NTA). As of June 30, TGG's top holdings included Wheaton Precious Materials (3.7%), Roche (3.5%) ...

APRA resumes life insurance intervention

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
APRA will resume its intervention into the life insurance market to stem ongoing heavy losses in individual disability income insurance. APRA announced its intervention in December last year, highlighting flaws in individual disability income insurance ...

Chief economist update: Australia's third arrow

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2020
... forward income tax cuts, new infrastructure and energy infrastructure spending, business incentives including a wage incentive scheme to encourage hiring. With both monetary and fiscal policies going for growth, and COVID-19's second wave appears ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... forward income tax cuts, new infrastructure and energy infrastructure spending, business incentives including a wage incentive scheme to encourage hiring. As Debelle acknowledged in his recent address, while "monetary policy actions are also having a ...

Women receive worse advice: Study

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
Financial advisers tend to give female clients poorer advice and recommend riskier assets compared to male clients, a new study shows. Women are significantly more likely to receive undiversified financial advice than men, researchers from the Hong ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
... and 2022/23 financial years. "Increasing the value of the current government co-contribution scheme will provide an incentive for some to make extra payments as they are able to," AIST said. Despite this, AIST said the legislated increase in the superannuation ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... anniversary date at which an advice client would be entitled to their annual review. It also maintained a financial incentive scheme that, before 1 July 2018, contained new advice revenue targets that had to be met before the adviser would receive an ...