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Showing 241 - 250 of 664 results for "expenditure"

Royal Commission could lead to credit crunch: UBS

ALEX BURKE  |  WEDNESDAY, 28 MAR 2018
... scenarios could emerge. The first, the report explained, is that assessed household income is reduced and the household expenditure measure (HEM) increases over time. As a result of this, "the banks move towards responsible lending over time and the ...

MyRetirement products too pricey for super funds

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
... MyRetirement (CIPRs) products may not be due to a lack of initiative from superannuation funds but rather reluctance around expenditure. A running point of discussion at the recent Conference of Major Superannuation Funds was an idea the industry is ...

Housing affordability fuelling negative gearing backlash

JAMIE WILLIAMSON  |  FRIDAY, 16 MAR 2018
... of negative gearing and Capital Gains Tax concessions, which have been proven to fuel house prices and direct tax expenditure into unproductive assets. "Unlike superannuation - where investments are spread across a diverse range of assets, including ...

Chief economist update: Hostage to speculations

BENJAMIN ONG  |  FRIDAY, 16 MAR 2018
... The improving labour market is boosting household consumption. Figures from "Statistics Japan" show that consumption expenditure of two or more person households increased by 4.1% in the year to January 2018 in nominal terms and by 2.4% in real terms ...

Labor's imputation credit reform cops industry backlash

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
... executive Sally Loane, the current superannuation policy is working and helping to gradually reduce national taxpayer expenditure on the Age Pension. But this mooted change could put the brakes on that, she said. Constantly changing the rules and hitting ...

Time to move beyond "cheap and generic" retirement products: Milliman

ALEX BURKE  |  WEDNESDAY, 7 MAR 2018
... applied to the context of financial planning, which are revealed by Retirement ESP." As an example, he said that median expenditure for households aged 65-69 was $24,640 per annum, while the average was $33,944. The Retirement ESP sources bank transaction ...

Chief economist update: The yen's on the up and up

BENJAMIN ONG  |  FRIDAY, 16 FEB 2018
... continue. Japanese household consumption contributed 0.3 percentage points to growth in the December quarter and capital expenditure added 0.1 percentage points. These were sufficient to counteract zero contributions from government spending and net ...

Government passes BEAR reform

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
... in retail banking," COBA chief executive Michael Lawrence said. He added that it is critical to minimise regulatory expenditure on smaller banking institutions when promoting a more competitive banking market as such costs are ultimately passed on to ...

Chief economist update: The angel in the details

BENJAMIN ONG  |  MONDAY, 29 JAN 2018
The US economy had been expected to slow in the fourth quarter of 2017... but not this slow. The advance estimate of US GDP showed economic growth decelerated to a 2.6% annual rate in the December 2017 quarter from a two-and-a-half-year high of 3.2% ...

Companies must clarify purpose: Fink

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2018
The chief executive of the world's largest investment firm believes the world's public companies may lose their license to operate if they fail to engage with activist investors to ensure long-term value for shareholders. In his annual letter to chief ...