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Showing 251 - 260 of 2469 results for "Budget"

Family offices embrace outsourcing: Study

CHLOE WALKER  |  THURSDAY, 18 JAN 2024
Family offices across the globe are increasingly outsourcing more functions, new research from Ocorian suggests. The global study, which surveyed 301 senior executives including 50 family office investment managers in November 2023, found a staggering ...

Super viewed as lifeboat by Aussies: Survey

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... half (54%) saying they are currently financially struggling. The survey found close to 40% of Australians must watch their budget to make sure there's enough money to cover their bills. What's more, 14% said they are in serious financial difficulty ...

BlackRock to cull 3% of global workforce

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... in the past year for BlackRock, following a cut of 500 positions last January and another headcount trim in June due to budget reallocations. BlackRock had 19,800 employees at the end of December 2022, according to a filing with the US Securities and ...

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... the mid-year update shows that deficits and debt are now lower in every year of the forward estimates compared to the May Budget and are significantly lower compared to what we inherited," Gallagher said. "This result builds on the fiscal discipline ...

Young women report low financial literacy: NAB

CASSANDRA BALDINI  |  FRIDAY, 24 NOV 2023
... their financial situation is being tested," he said. "Financial literacy is about more than being able to put together a budget; it extends to understanding how to manage a credit card to your advantage and being able to figure out the best way to make ...

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
Financial advisers are set to pay $400 less in the ASIC funding levy, saving the industry $8 million in total, according to new estimates from the Financial Advice Association Australia (FAAA). Based on two legislative instruments dated November 3 ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
The Reserve Bank of Australia (RBA) hiked the cash rate to 4.35% as it continues to grapple with subduing inflation. RBA governor Michele Bullock yesterday pushed up the base rate by another 25 basis points, saying that while inflation in Australia ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... decision on Tuesday, they'll have opportunities to explain it publicly. I'm focused on my job, which is to get the Budget in much better nick, to roll out billions of dollars of cost-of-living help in a way that takes the edge off inflation rather ...

Frontier calls out structural super fund flaws

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
Frontier Advisors contends that superannuation fund designs inadvertently minimise retirees' income, contravening funds' obligation to provide the best possible outcomes for their members. Statistics show that nearly half of retirees only draw ...

New advice firm hits Melbourne

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
Launching in late October, Source Wealth will provide flexible, goals-based advice backed by technology. Source Wealth founder Michael Sauer brings nearly a decade of experience in financial services to the firm, having served at Tribeca Financial ...