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Showing 441 - 450 of 4538 results for "Dollar"

Federal Budget delivers nothing on climate

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAR 2022
The 2022 Federal Budget has been labelled a "missed opportunity" or a "massive missed opportunity" on areas including climate and sustainable development. The 2022 Federal Budget, handed down last night, delivered a cash splash for the defence forces ...

Millions to receive tax offset

TOM WATSON  |  TUESDAY, 29 MAR 2022
Over 10 million Australians are set to benefit from an additional one-off $420 tax offset from July this year following an announcement outlined in today's Budget. Billed by the federal government as a 'cost of living tax offset', the reduction ...

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
The 2022 Federal Budget delivered a cash splash for the defence forces and cost of living support, including a cut to the fuel excise. The deficit for 2022-23 is expected to be $78 billion, 3.4% of GDP. Treasurer Josh Frydenberg announced the fuel excise ...

New scaled advice offering launches

JAMIE WILLIAMSON  |  TUESDAY, 29 MAR 2022
A new digital, scalable financial advice solution has launched to help advisers cater to those who don't require a comprehensive offering. Scientiam, founded by Arch Capital managing director Nigel Baker, aims to assist advisers in servicing clients ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
A Macquarie Business School academic has said one-off payments like those expected in next week's Federal Budget won't do anything to address long-term structural issues in Australia's economy. A one-off payment to combat the rising cost of living is ...

VanEck anticipates AUD surge

CHLOE WALKER  |  FRIDAY, 25 MAR 2022
There are strong headwinds behind the Australian dollar, says VanEck head of investments and capital markets Russel Chesler, which could see it hit 80 US cents. Following the recent rise in the Australian dollar, Chesler said that Australia's terms ...

ANZ becomes first Australian bank to develop stablecoin

CHLOE WALKER  |  FRIDAY, 25 MAR 2022
ANZ has made history with the first ever Australian bank-issued stablecoin payment, pegged to the Australian dollar, through a public permissionless blockchain transaction. The stablecoin transaction was successfully completed for Victor Smorgon Group ...

SEC to standardise climate disclosures

ELIZABETH MCARTHUR  |  TUESDAY, 22 MAR 2022
In a significant change, the US Securities and Exchange Commission (SEC) proposes all entities it regulates should have to disclose climate change-related factors including greenhouse gas emissions. The proposal would mean companies regulated by the ...

Vanguard hit with US class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 MAR 2022
Law firm Dovel & Luner filed a class action lawsuit against Vanguard trustees and on behalf of investors in Vanguard's Target Retirement Funds, based in the US. The suit alleges that Vanguard's mismanagement of these funds led to "enormous tax bills ...

Managed accounts FUM at $131bn

CHLOE WALKER  |  TUESDAY, 15 MAR 2022
... recently as June 2021. The increased use of managed accounts, MDA and SMA, is a good thing not just for the value added in dollar terms, but because it is achieved through personal advice provided to clients," Potter said. "The value which the systematic ...