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Showing 3061 - 3070 of 4776 results for "July 8"

Market Wrap AM

AAP  |  TUESDAY, 6 AUG 2013
The Australian market looks set to open lower following mixed performances on international markets overnight. At 0754 AEST on Tuesday, the September share price index futures contract was down nine points at 5053. In economic news on Tuesday, the Reserve ...

Market Wrap

AAP  |  MONDAY, 5 AUG 2013
The Australian stock market has started the week slightly lower, ahead of the release of official monthly retail figures. Commsec market analyst Steven Daghlian said the market had opened slightly in the red, following recent gains. "We've had a pretty ...

Advisers warned to check pension start dates after new ruling

MARK SMITH  |  MONDAY, 5 AUG 2013
... superannuation Michael Hallinan said. "Advisers will have to liaise with clients in May or June to commence a pension from 1 July - rather than in the following February when the accounts are being done. "Given the tax significance of the of pension ...

Market Wrap AM

AAP  |  MONDAY, 5 AUG 2013
The Australian market looks set to open higher after US markets closed at record highs in their previous trading session. At 0815 AEST on Monday, the September share price index futures contract was up nine points at 5077. In economic news on Monday ...

Cormann commits to change in face of Labor moratorium

MARK SMITH  |  THURSDAY, 1 AUG 2013
Shadow minister for financial services and superannuation Matthias Cormann has echoed Treasurer Chris Bowen's calls for super certainty but refused to back a five-year moratorium on changes to the system. Bowen laid down a challenge to the Coalition ...

ATO clarifies when a pension ceases

STAFF WRITERS  |  THURSDAY, 1 AUG 2013
The Australian Taxation Office has issued a ruling confirming the conditions for when a pension ceases. The ATO issued the Ruling to explain when a superannuation income stream commences and when it ceases, and consequently when a superannuation income ...

Regulator taking a "facilitative" approach to change

ALICE URIBE  |  THURSDAY, 1 AUG 2013
The Australia Securities and Investments Commission (ASIC) chairman Greg Medcraft reiterated his support to the financial services industry as it grapples with the implementation of regulatory changes, saying that the regulator would take a "facilitative" ...

Labor pledges five-year freeze on super tax

MARK SMITH  |  THURSDAY, 1 AUG 2013
A re-elected Labor government would make no changes to superannuation for five years and aims to enshrine a policy in law that would make future changes possible only once every five years hence, Treasurer Chris Bowen said. The Treasurer unveiled a ...

FSC to support Indigenous financial literacy

MARK SMITH  |  THURSDAY, 1 AUG 2013
The Financial Services Council (FSC) has formed a long-term partnership alliance with First Nations Foundation (FNF) to help improve the financial literacy of Indigenous Australians. The FSC will be providing a minimum of $50,000 a year for three years ...

Market Wrap AM

AAP  |  THURSDAY, 1 AUG 2013
The Australian market looks set to open flat following gains on Wall Street after data showed second-quarter US gross domestic product grew better than had been expected. US GDP grew 1.7 per cent in the quarter, above the 1.1 per cent pace expected ...