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

Search Results

Showing 2991 - 3000 of 6136 results for "Australians"

Industry welcomes tax cuts and surplus

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... long-awaited surplus. When the Liberals took power, it inherited a $55 billion deficit, he said, and promised 10 million Australians with a $158 billion tax relief. The tax cuts will benefit those earning up to $126,000 a year. As a result, single income ...

Australia's wealth takes half trillion hit

HARRISON WORLEY  |  MONDAY, 15 APR 2019
... wealth at the end of 2018. According to Roy Morgan's latest Single Source Survey, the gross personal wealth of Australians (including owner-occupied homes) is currently around $9.78 trillion. However, in September last year the figure stood at more ...

J.P. Morgan still the top custodian

KANIKA SOOD  |  FRIDAY, 12 APR 2019
J.P. Morgan held on to the top spot among custodians as total assets under custody in Australia fell 1.2% in the half-year ending December 31. Lacklustre markets pushed the total assets under custody down to $3.58 trillion in the period, according to ...

Super funds hungry for global stocks, alternatives

KANIKA SOOD  |  THURSDAY, 11 APR 2019
The lion's share of the institutional mandates awarded in Australia last year went to international equities and alternatives manager, the latest Rainmaker Mandate Chaser report shows. Not-for-profit superannuation funds and investment managers handed ...

Transparency key to ESG advice success

ELIZABETH MCARTHUR  |  THURSDAY, 11 APR 2019
... from the $2.7 trillion super industry. Australian Ethical head of client relationships Leah Willis said nine in 10 Australians expect their superannuation or other investments to be invested responsibly and ethically but advisers and consumers struggle ...

Colonial acquisition cost CBA shareholders $53bn: Merlon

KANIKA SOOD  |  TUESDAY, 9 APR 2019
... says the management decisions from big companies like CBA and BHP can affect the retirement outcomes for millions of Australians. The note states: "We advocate for stronger shareholder protections more aligned to the UK regime that requires shareholder ...

SMSFs outshine industry funds for large balances

KARREN VERGARA  |  TUESDAY, 9 APR 2019
Industry superannuation fund satisfaction outranks retail funds in all categories, but failed to beat self-managed super funds when it comes to larger balances. This is according to Roy Morgan's latest Superannuation Satisfaction Report which found ...

APRA receives new super powers

KARREN VERGARA  |  FRIDAY, 5 APR 2019
... warned. Assistant Treasurer Stuart Robert said the legislation will help safeguard the retirement savings of millions of Australians and ensure that APRA can take effective action, including addressing underperformance and compliance with the best interests ...

Ageing population poses budget threat

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... billion projected increase in spending represents a projected greater demand for government programs that support older Australians - the Age pension, aged care and health. The report says there will be a steady increase towards the 2028 spending numbers. ...

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
... chief executive Matthew Linden said. "Sadly, the Budget again misses an opportunity to take action on the millions of Australians missing out on super entitlements - particularly women and younger workers. "The Government could have made these issues ...