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Showing 11 - 20 of 2233 results for "Budget"

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... balances of the lowest paid women by 21%. These are two policy changes the SMC is putting forth to the upcoming federal budget in its submission. It also details the modelling in a new report called Securing a dignified retirement for more women. SMC ...

Treasury details winners from tax concessions on super contributions

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... receiving the lion's share of advantages. In a move to address this imbalance, the government, as outlined in the 2023-24 Budget, plans to introduce a 30% tax rate on superannuation earnings over a $3 million threshold. This change, scheduled to ...

Volatility an opportunity for skilled active managers: GSFM

ANDREW MCKEAN  |  WEDNESDAY, 24 JAN 2024
... to several structural factors that could be inflection points, such as higher neutral interest rates, because of a big budget deficit in the US, and retiring baby boomers depleting their savings. He also cited more involved regulators and growing protectionism ...

Gen Zs now 'loud budgeting': Research

CHLOE WALKER  |  MONDAY, 22 JAN 2024
Research by NAB shows Gen Z is embracing the latest TikTok trend and cutting back on their spending, saving an average of $450 a month. New NAB Economics consumer sentiment data has revealed more than half (56%) of Gen Z and younger Australians are ...

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 ...