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Showing 381 - 390 of 8609 results for "Lower"

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
... moved to the Federal Court, with Maurice Blackburn saying the loss came in the form of the higher fees, commissions and lower investment returns, as well as a reduction in the amount members would have received in interest on their savings. It was due ...

Permanent disablement claims for mental health explodes

ANDREW MCKEAN  |  THURSDAY, 5 DEC 2024
... "substantial increase" in the rate of mental health condition claims among 30- to 40-year-olds was pronounced enough to lower the average age of people permanently disabled due to mental health by three years. The data showed the average age of Australians ...

Commonwealth Bank names chief economist

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... oversaw the growth of the bank's sustainable economics research to support customers with insights about the transition to a lower-carbon future.

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... as households received energy cost relief rebates. "At the Commonwealth level growth in social benefits to households was lower, including NDIS and Aged care, compared to recent quarters," Keenan said. Household spending was flat in the September quarter ...

The sensitive conversations advisers shy away from

KARREN VERGARA  |  TUESDAY, 3 DEC 2024
... divorce rate amongst our clients? The advisers that I speak to, the divorce rate amongst their clients is significantly lower, and that's because good financial advice is the secret weapon to making sure clients stay happily married," she said. And ...

Dividends to be down in FY25: Equity Trustees

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... to FY24. He added that high yielding, major resource companies - such as BHP, RIO and FMG - are expected to be materially lower due to lower realised iron ore prices. "These companies remain highly profitable, cash generative business. It is simply that ...

$3m super tax faces axe, pushed to 2025

MATTHEW WAI  |  MONDAY, 2 DEC 2024
... Division 296 Bill is dead, as the Coalition have stated they oppose such legislation," Ali said. Although it passed the lower house in October, the bill has lacked support in the Senate. "The government does not have the numbers in the upper house, and ...

Bullock hints at no rate cut in 2025

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
Reserve Bank of Australia (RBA) governor Michele Bullock has reaffirmed the central bank's stance that interest rates are likely to stay higher for longer as sticky inflation persists. Speaking at a Centre of Economic Development (CEDA) dinner ...

SMSFs surpass $1tn milestone

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... impose an extra 15% tax for any super balance that tops over $3 million when it comes into effect. The proposal, passed the lower house last month, was on its way to the Senate only to be reported that it could be shelved until after the next federal ...

Inconsistencies abound in Future Fund mandate change: Deloitte

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... return is the average. Does the new investment mandate encourage the Future Fund to adjust its portfolio to incorporate lower-return investments in national priorities, while taking on higher-return (and therefore higher risk) investments elsewhere such ...