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Showing 231 - 240 of 2600 results for "Statistics"

APRA to weed out underperforming choice products

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
... by APRA finds. Ahead of unveiling the inaugural Choice Product Heatmap, the prudential regulator released staggering statistics that will force superannuation trustees to lift their game and expose choice products that are failing members by charging ...

Exam pass rate steady at 60%

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
... fall below the overall pass rate of 88.5%. The Financial Adviser Standards and Ethics Authority's latest examination statistics show that more than 1300 candidates sat the September exam, which is lower than the average of 1683. Of this total, 32% re-sat ...

Joining the 1% around the world: Analysis

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
... has analysed the Knight Frank Wealth Report 2021 and World Bank data on the adjusted net national income per capita statistics to determine how long a person would have to work on an average wage to join the 1% in their country. Australians would need ...

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
... index was little changed to 93.20 from 93.16. Not even when on the same day of the release, the US Bureau of Labor Statistics reported that remains on the up and up. The annual headline inflation rate increased to a 13-year high of 5.4% in September ...

Economic recap: Week to September 3

BENJAMIN ONG  |  MONDAY, 6 SEP 2021
The Australian Bureau of Statistics (ABS) released its "National Accounts" report for the June 2021 quarter, and it was good... nay, it was great! The report showed the economy grew by a better-than-expected 0.7% in the second quarter of the year, taking ...

ERS re-contributions won't be taxed

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
... cap. In total, super funds released $36.4 billion in 2020 under the ERS scheme. According to the Australian Bureau of Statistics, the average withdrawals were $7728 and $7536 across the two tranches.

Cracking the data science code

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
... research Laura Ryan said there are two main streams of data science - which have very stark differences. In terms of statistics, this technique imposes structure on the data whereas machine learning usually uses algorithms. One of the biggest issues ...

Superannuation assets hit $3.3tn

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... ago. Of this, $2.26 trillion are APRA-regulated, up 17.2% from previous years, according to June-end superannuation statistics released by APRA on August 24. MySuper products stood at $903 billion, an increase of 22.5% from June 2020. Self-managed superannuation ...

APRA expands life insurance data reporting

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
... said it will not go ahead with this proposal. APRA's upcoming reports - the Quarterly General Insurance Performance Statistics and Quarterly Life Insurance Performance Statistics for the September 2021 reference period - will include the charges. Initial ...

Wage growth remains low

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
... growth. The rate of growth over the quarter was one of the lowest rates recorded for the series," Australian Bureau of Statistics head of price statistics Michelle Marquardt said. The lowest quarterly wage growth by industry was 0.1% for the electricity ...