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Showing 321 - 330 of 1552 results for "Offset"

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... economy. The latest survey shows all of January's gains were due to increased full-time hiring (59,000) that was partly offset by reduced part-time employment (29,800). The 'permanent income hypothesis' dictates that full-time workers tend ...

Australia sweeps pension market rankings

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
Australia is the most successful pension system among developed countries, according to Wills Towers Watson. The firm's Thinking Ahead Institute 2021 Global Pension Assets Study said Australia's thriving pension system boasts an 11.3% per annum ...

ASFA calls for super fairness

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
... chief executive Martin Fahy. The association is also recommending the government increase the low-income superannuation tax offset (LISTO) threshold from $37,000 to $45,000 as both pay a similar tax rate on superannuation contributions to the marginal ...

Executive shuffle at Macquarie Group

ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
... Macquarie Infrastructure and Real Assets (MIRA) equity under management also decreased 2% to $137.1 billion. However, this was offset by Macquarie Investment Management (MIM) which saw AUM rise 3% for the period to $360.6 billion.

Wage subsidy needed for new entrants: AFA

JAMIE WILLIAMSON  |  THURSDAY, 4 FEB 2021
... students after many years of study and set them up for a meaningful career," the submission reads. Such a scheme would help to offset the ongoing outflow of advisers from the industry, with just 58 provisional advisers currently on the ASIC Financial ...

Risk inflows stay flat

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
... Life showed inflows decrease by 0.4% with the largest falls from BT/Westpac (-20.8%) and AIA (-10.1%). These were however, offset partially by increased inflows reported by TAL (15.7%) and ClearView (7.9%). "With the exception of ClearView, all these ...

Market rotation signals win for value: Maple-Brown Abbott

ELIZA BAVIN  |  THURSDAY, 28 JAN 2021
The emerging market rotation from growth to value signals a trend which may see valuations adjust significantly in 2021, according to Maple-Brown Abbott. Head of Australian equities Dougal Maple-Brown said the market is at the beginning of a new cycle ...

IOOF buffeted by advice restructure

ELIZA BAVIN  |  THURSDAY, 28 JAN 2021
... said the result actually reflects a strong quarter with an uplift of $12.7 billion due to market movements, but largely offset by one-off negative impacts. These include an $8.1 billion loss from the termination of its external platform relationship ...

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
... activity. New orders declined for the fifth straight month in December, along with exports and employment. This was partly offset by the stronger manufacturing PMI - up from 53.8 in November to 55.2 in the following month - the highest level since May ...

Pendal reports $1.6bn in net outflows

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... September quarter). Net outflows took shaved off $1.6 billion and FX impact of stronger AUD took $2.7 billion. However, these offset by the investment performance which added $9.3 billion, resulting in a net gain on total assets for the period. JO Hambro ...