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Showing 401 - 410 of 3288 results for "Above"

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... simplification. We've further strengthened our balance sheet with a CET1 ratio of 12.3% and funding and liquidity ratios well above regulatory requirements. Our credit quality remains sound with little change in the level of stressed assets, however ...

Ord Minnett cops $888k fine over buyback

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAY 2023
... $770,000. Meanwhile, on 1 September 2021, in the course of the buyback Ord Minnett purchased AWN Holdings shares at prices above the allowable limit under ASX Listing Rules, which was also contrary to the clients' instructions. "While the MDP considered ...

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... Street Global Markets head of APAC macro strategy Dwyfor Evans said although the absolute level of inflation remains markedly above the Reserve Bank of Australia (RBA) target (2-3%), he believes that the rate hiking cycle has likely come to an end, as ...

Superannuation market defies capital market chaos

ANDREW MCKEAN  |  MONDAY, 24 APR 2023
... billion. While the SG contribution rate is steadily increasing towards 12%, member contributions have been declining, with the above-SG contribution rate falling by one-third since 2009 to reach 7% in 2022. A more alarming trend, the rising share of ...

Superannuation changes limit tax benefits for top earners: ASFA

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
... annually. The individuals who'll be most impacted by the proposed superannuation changes are predominately males aged 60 and above. Among those affected, approximately half are already retired, while those who are still working are mostly in professional ...

Long pause likely from RBA: Economist

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... rates and they're talking about the risk that they may have to do a bit more. Inflation is still too high, it's well above the target band," said Bloxham. "But we're also seeing clear signs that the economy is slowing down and that the tightening ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... pension assets test. However, the average value of an Australian home is $880,000 and national median is $705,000. All equity above $750,000 would be fairer, Grattan said. "The exclusion of most home equity means well-off households - provided their ...

Startup founder charged for defrauding JPMorgan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... their businesses that their lies will catch up to them, and this Office will hold them accountable for putting their greed above the law," US Attorney Damian Williams said.

We sit at a watershed moment: Paton

CHLOE WALKER  |  THURSDAY, 30 MAR 2023
... and 2024. This will be set against the backdrop of continued low unemployment, inflation is forecast to soften but remain above the Reserve Bank of Australia's targets, and the terminal interest rate setting seems to be within one or maybe two final ...

Retail super fund pulls the plug

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... sustainable investing. However, Rainmaker Information analysis of its product fees and total expense ratio revealed that it was above benchmark for a personal product. At the time, Rainmaker said: "Elevate needs to raise FUM and revenue very quickly ...