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

Search Results

Showing 371 - 380 of 3169 results for "Times"

VanEck launches US bond ETF

CHLOE WALKER  |  MONDAY, 15 MAY 2023
... episodes. "With TBIL being Australian dollar unhedged and the Australian dollar considered as a 'risk on' currency, in times of uncertainty the Australian dollar has historically lost value relative to the US dollar," Neiron said. "The US dollar ...

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... NALI will exclude contributions. In January, the government had suggested the income taxable as NALI be multiplied by five times and taxed at 45%. It will still be taxed at 45%, but if the doubling of the mischief amount includes taxable contributions ...

AFCA appoints lead ombudsman, investments and advice

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
After acting in the role for 16 months, Shail Singh has officially been appointed as the Australian Financial Complaints Authority's (AFCA's) lead ombudsman, investments and advice. Singh was appointed ombudsman when AFCA opened its doors in 2018, before ...

HESTA revamps insurance offering

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2023
... the cover continues to be sustainable, so we can continue to offer members access to a basic level of protection for the times they need it most..." HESTA said. The fund is also introducing changes to several of its insurance terms and conditions, including ...

Wealth inequality divides Australia: Research

KARREN VERGARA  |  TUESDAY, 2 MAY 2023
... level playing field, examined the wealthiest and poorest 20% of the population and found that the high-income group have 200 times more in assets compared to the low-income group. This suggests that wealth inequality in Australia is substantially higher ...

LongView launches shared equity fund

KARREN VERGARA  |  MONDAY, 1 MAY 2023
... to provide returns to investors as shared equity contracts are completed at an internal rate of return of about 1.7-2.1 times the residential housing market return. LongView, an integrated residential property business, was co-founded by Antony Cohen ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... and compelling returns offered by term deposits. This trend is particularly strong among older Australians who are four times more likely to keep their savings in term deposits than younger Australians aged 18-29," Riley said. Meanwhile, Commonwealth ...

Former adviser jailed for nine years

KARREN VERGARA  |  MONDAY, 24 APR 2023
... invest in Sentinel via advanced loans. Fineff had a 5% shareholding in Sentinel at the end of 2022 valued at $280,000. Other times, Fineff introduced clients to invest in life sciences company QBiotics and Gold Coast-based company Surf Lakes. In one ...

Apple dives deeper into financial services

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... long-awaited high-yield savings account in the US which offers 4.15% interest rates. The account, which boasts a rate that's 10 times the US national average, is the latest move in a string of tech giants moving into financial services and taking on ...

Why clients fire their financial adviser

KARREN VERGARA  |  MONDAY, 17 APR 2023
... than at first glance". "Of course, there will be instances where a service is too expensive for an individual, but other times, the individual may not believe the value of the service justifies the cost," Morningstar said. "In general, these issues can ...