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

Search Results

Showing 261 - 270 of 662 results for "expenditure"

APRA issues warning to underperforming super funds

EMMA RAPAPORT  |  FRIDAY, 1 SEP 2017
... operation governance practices of regulated superannuation trustees. The regulator outlined a proposal whereby fund expenditure, setting of fees and costs, and the use of reserves come under more scrutiny. Policies and procedures to establish, implement ...

APRA puts super funds on notice

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
... superannuation trustees. The proposals were outlined in a letter sent to RSE licensees on Friday, and will see fund expenditure, setting of fees and costs, and the use of reserves come under more scrutiny. Policies and procedures to establish, implement ...

IOOF grows against the grain

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2017
... total funds under management, administration and advice increased $10.8 billion to $115 billion. Meanwhile, operating expenditure was reduced by $12.6 million as a result of around 40 full-time staff exiting the business in November 2016. Reduced IT ...

Powered by low-flation

BENJAMIN ONG  |  MONDAY, 31 JUL 2017
... uncertainty aside, the details of the US national accounts indicate that the going will remain good. Personal consumption expenditure - that which accounts for around 70% of the economy - jumped by 2.8% in the June quarter from 1.9% in the March quarter ...

Business conditions return to pre-GFC levels

BENJAMIN ONG  |  WEDNESDAY, 12 JUL 2017
... trading conditions/sales (to 21 from 15). Profitability I could understand because labour costs - businesses' biggest expenditure - "remains subdued". Though as NAB reports, it "has been trending higher". I guess there's no way but up with the ABS' measure ...

Location, location, location: the key to retirement

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2017
... while their Tasmanian counterparts would need just $91,829. The Age Pension would cover two-thirds of a Canberran's expenditure and 91% of a Tasmanian's. As such, Milliman believes that superannuation fund's strategies should reflect this. "For example ...

ASIC enters new era as industry funding model passes

ALEX BURKE  |  FRIDAY, 16 JUN 2017
... supervisory levies; and that ASIC's own transparency and accountability will be enhanced through the publication of its expenditure, performance and regulatory priorities. ASIC chair Greg Medcraft said the new model "is an important milestone not just ...

Confidence: the business/household divide

BENJAMIN ONG  |  WEDNESDAY, 14 JUN 2017
... indicators were generally encouraging, with the capacity utilisation rate rising, despite some pull-back in capital expenditure, while forward orders were steady in positive territory for the month." Still, the latest survey found the business/consumer ...

Just what the doctor ordered

BENJAMIN ONG  |  FRIDAY, 2 JUN 2017
... holidays may have had some influence on the seasonally-adjusted result. There was good news on capex too. Private capital expenditure increased 0.3% in the first quarter of 2017, following a 1.0% fall in the previous quarter. But apart from this coming ...

Big four hammer bank levy

ALEX BURKE  |  TUESDAY, 23 MAY 2017
... knows that a tax cannot be 'absorbed'. It must be passed on somewhere." Henry suggested this might involve reducing expenditure on the bank's 1700 suppliers, increasing rates charged to borrowers, reducing rates paid to savers or "investing less in our ...