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Showing 401 - 410 of 3743 results for "Figure"

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
"Never ask a barber if you need a haircut," Warren Buffett once famously advised. The barber's nod will invariably be met with opposition from shampoo manufacturers. Such is the divide between the Morrison government (the barber) and labour unions ...

Banks return $1.2bn for bad advice

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
Six of Australia's largest banks have paid or offered a total of $1.24 billion in compensation to customers, according to new ASIC figures. The funds have been returned to customers who suffered loss or detriment due to fees for no service misconduct ...

Age pension spending to rise: ISA

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
Industry Super Australia (ISA) said ditching the 12% superannuation guarantee could add over $33 billion to Age Pension spending. ISA said modelling from Rice Warner suggested the Age Pension would have to make up for the superannuation guarantee not ...

Aware to focus on unlisteds over equities

ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
... finishing the year around 5% above the benchmark. "As a fund we feel we're in pretty good shape. We did a lot of work to figure out what risk exposures and liquidities were," he said. "We really wanted to define as much as possible how much liquidity ...

APRA releases final ERS figures

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
APRA has revealed the final figures representing the impact of the government's early release of super scheme which saw 3.5 million Australians dip into their retirement savings. Over the duration of the scheme, $37.3 billion was removed from the superannuation ...

Lifecycle products cost members: Research

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
New Rainmaker research has found being a member of a typical lifecycle MySuper product could reduce a person's retirement savings by up to 23% by age 70. The research found that if a member were to stay in a typical lifecycle MySuper product for their ...

IPO outlook positive for 2021

ANNABELLE DICKSON  |  FRIDAY, 29 JAN 2021
... $6.91 billion on 2019 and $8.44 billion in 2018. Ohm said the fall in volumes impacted the total funds raised, as June's figure of $132 million represented just 3% of the total funds raised for the year. The largest amount raised during the first quarter ...

Investors going in blind: Research

ANNABELLE DICKSON  |  THURSDAY, 28 JAN 2021
... by far and away the highest annual inflows on record, representing a 59% increase in flows from the previous year's figure," Israelstam, who also authored the report, said. "Our internal analysis also indicates that a higher proportion of these flows ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
Australia's consumer prices continue to recover from the 1.9% drop in the June 2020 quarter - the largest quarterly fall in the 72 year history of the CPI. However, the Australian Bureau of Statistics reported that the country's headline inflation ...

International investors eye Aussie market

ELIZA BAVIN  |  MONDAY, 25 JAN 2021
... increase over the next two years, higher than the proportion expecting an increase in allocation to the other regions. The figure is higher than the number of investors in APAC who said they were expecting to increase allocations within the region. For ...