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Showing 401 - 410 of 617 results for "CPI +4.5 %"

Seniors weigh in on super tax discussion

DARREN SNYDER  |  WEDNESDAY, 8 APR 2015
Seniors advocate group COTA Australia is encouraged that politicians and the broader community are realising the importance and inter-relation of superannuation, taxation, and age pension policies. COTA chief executive Ian Yates recently said the policies ...

Funds wrestling with liquidity problem

MARK SMITH  |  TUESDAY, 7 APR 2015
... less and less capacity to offer anywhere near their returns targets. The $109 billion Future Fund's mandate is to return CPI +4.5%, but with interest rates at record lows and 10-year government bond yields at 2.6%, holding traditional cash in either ...

No board meeting necessary

BENJAMIN ONG  |  THURSDAY, 5 MAR 2015
Central bank surprises continue. This week started with the People's Bank of China (PBOC) surprising with a weekend announcement that it is lowering both its benchmark one-year lending rate and one-year deposit rate by 25 basis points each to 5.35% ...

Fight or be beggared by the neighbours

BENJAMIN ONG  |  MONDAY, 2 MAR 2015
... from minus 0.2% in December. Despite its on-going massive QE programme, Japan looks set to return to deflation with its core CPI (less VAT hike effect) slowing to 0.2% in January from 0.5% in the previous month. While Australia's core inflation remains ...

BOJ optimistic as forever

BENJAMIN ONG  |  THURSDAY, 19 FEB 2015
As expected, the Bank of Japan (BOJ) announced no surprises following the conclusion of its 17-18 February monetary policy Board meeting. "The Bank of Japan will conduct money market operations so that the monetary base will increase at an annual pace ...

Future Fund smashes its performance target in 2014

ALEX DUNNIN  |  THURSDAY, 5 FEB 2015
The Future Fund significantly outperformed super funds in 2014 thanks to its heavier weighting to US dollar investments and alternative assets. According to the Future Fund's latest portfolio update, the Australian de facto sovereign wealth fund earned ...

Happy Australian dollar Day

BENJAMIN ONG  |  TUESDAY, 27 JAN 2015
Australians all, let us rejoice for exactly on the day we celebrated our national day, the A-dollar dropped to US$0.7855 - its lowest level since July 2009 - bringing it closer to the US$0.75 mark that would make RBA Governor Glenn Stevens a happy little ...

Forward guidance at its best

BENJAMIN ONG  |  THURSDAY, 13 NOV 2014
It's them, not us! This is the not so subtle message Bank of England (BOE) Governor Mark Carney delivered at his opening remarks following the release of the BOE's Quarterly Inflation Report last night. But of course, being the astute central banker ...

ING low-fee super hits $1bn mark

JAMES FERNYHOUGH  |  MONDAY, 10 NOV 2014
ING DIRECT Living Super has reached the $1 billion funds under management milestone two years after entering the Australian market. Launched in 2012 as a direct-to-customer offering, Living Super's balanced option charges members no administration or ...

Government clarifies adviser register funding

LAURA MILLAN  |  MONDAY, 27 OCT 2014
The government's public register of financial advisers will raise $5 million over the next four years by increasing the Australian Financial Services (AFS) licensee annual lodgement fee with the Australian Securities and Investments Commission (ASIC). ...