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Showing 441 - 450 of 1566 results for "Offset"

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
Reserve Bank governor Philip Lowe has told a forum at the International Monetary Fund that Australia's economy is set to "return to trend growth" next year. Lowe said the expected return to trend growth over the next year will help get the unemployment ...

IOOF acquires OnePath at a discount

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
IOOF has secured the sale of ANZ's OnePath pensions and investments business for $850 million, down from the original sales price of $975 million announced in October 2017. ANZ said the new price includes around $25 million that it has already received ...

Poor market conditions weigh on Perpetual, Pendal

ELIZA BAVIN  |  MONDAY, 14 OCT 2019
... down $1.1 billion from the previous quarter comprised of $1.8 billion of net outflows mainly from Australian equities, offset by market appreciation of $700 million. Pendal announced FUM of $100.4 billion, suffering a 1% loss for the quarter with outflows ...

Grattan modelling flawed, misleading: ISA

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
... demonstrated equivalent trade-off between super and wages, and the small potential reduction that could exist is readily offset by the greater compound interest that will be earned on increased super contributions, which will result in much higher incomes ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... payment." Should the same stats hold when 100% of consumers receive their payments - suggesting more will be saving their tax offset payments rather than going shopping - then Australia, we'll have a problem. Sure, saving and austerity is good for ...

ANZ/OnePath worst performer again

KRISTI CHENG  |  WEDNESDAY, 4 SEP 2019
... concluded poor fund performance comes mostly from high fees, with funds finding it harder to generate strong enough returns to offset the impact of these high fees. Despite the top-performing super funds having different investment strategies, a common ...

First carbon neutral super fund named

KRISTI CHENG  |  TUESDAY, 3 SEP 2019
... vehicles, waste separation, the use of technology, intelligent design of its offices and employee education. Projects to offset its carbon footprint include the purchase of a limited number of certified offsets, such as savanna burning projects that ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... headline numbers were the result of a 3.3% drop in capital spending in building & structures over the quarter that was partly offset by a 2.5% increase in equipment, plant & machinery. Year-on-year, actual total capex declined by 1.1% in the June quarter ...

Perpetual profits dip, investments down 29%

KANIKA SOOD  |  THURSDAY, 22 AUG 2019
... meaning our value investment style underperformed when compared to the broader peer group." Adams said institutional outflows offset the market rebound in the first half of the year, as super funds continued to take their investments in-house and change ...

Praemium FUA skyrockets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
... business was impacted by declines in global equity markets and outflows in the Smartfund range of managed funds, but was offset by growth in Asia for WealthCraft's CRM and financial planning software.