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Showing 21 - 30 of 8054 results for "Lower"

Super contribution caps to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... the $330,000 limit will still apply. The increase does not apply to the $1.9 million total super balance limit, however lower sub-limits will apply due to being based on the contribution caps. Aware Super general manager - advice Peter Hogg said the ...

Iress reports $137m loss in 'challenging year'

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
... cost growth by implementing strategic measures in the second half of the year, including reducing its overall headcount to lower staff expenses. However, costs still rose by 6% compared to the previous year, driven by inflationary pressures on input ...

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... drove the 0.6% decline in activity in the fourth quarter. Household consumption fell 0.1% in the last quarter as a result of lower spending on recreation and culture, miscellaneous goods and services, as well as transport. The Bank of England (BoE) held ...

Sydney HNWI drops $24m on EG building

CHLOE WALKER  |  THURSDAY, 15 FEB 2024
... Specifically, they're looking for high-end residential bridging loan facilities located in Sydney's eastern suburbs and lower north shore, as well as in the inner east of Melbourne. Additionally, they're interested in investing in owner-occupier ...

AMP reports boost in IFA flows, mulls advice unit options

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... many of these issues. The master trust business reported an underlying NPAT of $53 million, which was in line with FY 22. "Lower AUM based revenue (down 10.4%) was the result of both the simplification program to consolidate products and fees and the ...

Macquarie profits tumble; long-serving executive exits

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
Macquarie Group has reported a "substantially lower" net profit after tax in FY24 and announced the departure of its long-serving head of commodities and global markets Nicholas O'Kane. Macquarie's annuity-style divisions, Macquarie Asset Management ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... retirement for more women. SMC interim chair Nicola Roxon said paying super on parental leave and better aligning tax offsets for lower paid workers can be enacted almost immediately and will make a meaningful difference to women at retirement. "We need ...

iExtend finds interim arrangement to operate

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... paying the premiums of the co-owned cover. Policyholders are able to maintain their cover and receive benefits albeit at a lower level but will no longer have to pay the premiums. ASIC was concerned iExtend was offering to pay life insurance premiums ...

REITs primed for investor cash amid uncertainty

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
... Rush stated that the capital-intensive, long-duration REIT market is expected to benefit from falling interest costs and lower discount rates as real yields peak. "REITs provide defensiveness with durable and visible cash flows from staggered lease renewals ...

Treasury details winners from tax concessions on super contributions

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... brackets, often reliant on government payments, saw a negative share of benefits due to their average personal tax rates being lower than the 15% concessional rate. Tax advantages for the wealthy were also evidenced in the concessional taxation of superannuation ...