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Showing 321 - 330 of 3288 results for "Above"

Vale Jason Milosevski

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2024
... Mutual has created an award in his name, to be presented at the end of each year to the employee "who most embodies [the above] amazing qualities." "I told Jase this a couple of weeks ago, and he was very moved. He asked me to tell the BDMs that he is ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... ranking poorly among developed nations. This has driven unit labor costs - wages adjusted for productivity - significantly above the RBA's 2-3% inflation target range. "Without a lift in productivity, rat cuts may be a distant prospect," he said. ...

SMSFA prepares delegates for major super tax reform

KARREN VERGARA  |  MONDAY, 5 FEB 2024
... up for the Better Targeted Superannuation Concessions reform that will boost the current 15% tax rate on super balances above $3 million to 30%. SMSF Association head of technical Mary Simmons told Financial Standard that this will become an inevitable ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... equity strategies that account for less than 0.01% of its AUM. "None are on our exclusion list as they do not contravene the above-mentioned definition," the spokesperson said. TelstraSuper's holding in Elbit is less than 0.001% of total AUM - which ...

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
Annual inflation in December 2023 was 4.1%, down from 5.4% the previous quarter, but still above the Reserve Bank of Australia's (RBA) 2-3% target band. This marks the fourth consecutive quarter of declining annual inflation, down from a peak of 7.8% ...

Generation Development Group nears $3bn

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
... the potential legislative tailwinds we receive emanating form the proposed taxation changed to superannuation for balanced above $3 million," he said. "Bond inflows for the past six months have increased by over 22% compared to the prior corresponding ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... wages. Inflation eased to 5.4% in the third quarter of 2023, down from 7.8% in the fourth quarter of 2022, though it remains above the Reserve Bank of Australia's (RBA) target range of 2-3%. In response, the RBA has significantly tightened monetary policy ...

Family offices love software: Report

CHLOE WALKER  |  WEDNESDAY, 17 JAN 2024
... significant amounts in the industrial automation and media sectors - in both of which family offices' share of total deal value is above 10%. In terms of the target markets for direct investments, more than half (58%) of family office deals by volume ...

First trillionaire to emerge in next decade: Report

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2024
... are being forced to cut back on food for their families and heating and cooling for their homes, just to keep their heads above water. "We cannot accept a society that promotes the gross accumulation of wealth alongside widespread global poverty. One ...

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... trial commission that could effectively double. "Renewal commission may be 20% per annum of the premium, so in the example above, $1600 per annum is moved to $3200 per annum, with no additional work to be done. However, in the client's interest ...