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Showing 3371 - 3380 of 9740 results for "Major"

Discretionary trusts crackdown short-sighted

KARREN VERGARA  |  FRIDAY, 4 AUG 2017
... couples' combined income (and in some cases whole families) are taxed as one single unit - a practice common in several major OECD countries including the US, he noted. "This is a good approach where you end up with a system that encourages people to ...

Suncorp hails diversity amid profit boost

ALEX BURKE  |  THURSDAY, 3 AUG 2017
Suncorp chair Ziggy Switkowski praised the group's 49% female leadership while announcing a 3% boost in net profit to $1.075 billion. The update on the banking and wealth management firm's diversity figures forms part of Suncorp's new corporate responsibility ...

Douglass makes case for Magellan turnaround

ALEX BURKE  |  WEDNESDAY, 2 AUG 2017
... technological advances and business-model disruptions over the next 10 to 20 years will reduce the value of many companies in the major market indices." He said this was ample justification for a fund based on a more concentrated portfolio of stocks ...

Technology and mergers threaten insurers

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2017
... them back from adapting to change as many continue to rely on systems that are simply not conducive to innovation. Another major change sees 21% of insurers grappling with market consolidation, as ongoing merger and acquisition activities set to continue ...

Class action on the cards for ASX healthcare firm

ALEX BURKE  |  TUESDAY, 1 AUG 2017
An ASX-listed healthcare company is facing a potential class action from shareholders, including major Australian fund managers, following a 37% fall in share price. William Roberts Lawyers has alleged that Sirtex Medical, which manufactures and distributes ...

Advice business offers enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2017
Financial Index Australia entered into an enforceable undertaking with ASIC after an investigation found advisers had moved clients into more expensive, FIA-branded products without reason. ASIC identified a number of issues within FIA's financial advice ...

Australian businesses lift borrowing

BENJAMIN ONG  |  TUESDAY, 1 AUG 2017
... private sector credit is a leading indicator because when consumers borrow within their means to buy houses, cars and other major purchases it signals economic growth. But on the other hand, if consumers pile up too much debt relative to their income ...

Direct life insurance review underway: ASIC

KARREN VERGARA  |  FRIDAY, 28 JUL 2017
A major review investigating why some consumers are worse off from purchasing life insurance via direct channels is underway. ASIC senior executive leader and regional commissioner, Michael Saadat, told the FSC Leaders Summit this week that the corporate ...

In-house investment bears fruit for AustralianSuper

DARREN SNYDER  |  FRIDAY, 28 JUL 2017
... Dominic Perrottet announced a new streamlined process for engaging with private sector bidders (including super funds) on major Public Private Partnerships (PPPs). He said it will "enable the NSW Government to find more innovative solutions to meet the ...

Cheaper imports

BENJAMIN ONG  |  FRIDAY, 28 JUL 2017
... in June from -0.6% in March - one that according to the ABS is due to the "depreciation of the Australian dollar against major trading currencies". All good. But these are June quarter numbers. This year to date, the Australian dollar is 10% higher than ...