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Showing 451 - 460 of 1553 results for "Offset"

Superannuation Consumer Advocate proposal needs work

KARREN VERGARA  |  THURSDAY, 4 APR 2019
... 2020-21 to resolve outstanding complaints by 31 December 2020. By this date, the SCT will cease operations. The cost will be offset by a corresponding increase in the Australian Prudential Regulation Authority Financial Institutions Supervisory Levies ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... the following two years. What's not to like? The Government is splurging on its promised low and middle income tax offset, by lower tax rates for small businesses as well as lifting the threshold on write-offs on new equipment purchases, increasing ...

Negative gearing reforms not a panacea: Poll

KARREN VERGARA  |  MONDAY, 18 MAR 2019
... (such as interest, depreciation, council rates etc.) exceed the income earned from renting the property. The loss can be offset against future capital gains. Opposition Leader Bill Shorten recently announced that no decisions would be made regarding ...

Qantas Super urges women take control of super

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAR 2019
... children. ASFA also advocates removing the $450 a month threshold for SG and maintaining the low income superannuation tax offset which makes super fairer for those on low incomes. Finally, it says allowing employers to contribute more for women without ...

ClearView posts first half profit dip

KANIKA SOOD  |  WEDNESDAY, 27 FEB 2019
... issues, poor outcomes with a few AFSLs and the flow-on-effect from the Life Insurance Framework's caps and rules). These offset the 12% increase in life insurance gross premiums and 15% growth in the life insurance in-force portfolio. "Retention ...

Trust deficit boosts Australian Ethical membership, FUM

KARREN VERGARA  |  FRIDAY, 22 FEB 2019
... The fund manager and superannuation provider recorded positive net flows of $147.8 million across all products, but was offset by negative market performance. Superannuation fund membership grew 20% to 45,170. Managing director Phil Vernon said there ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
The University of Michigan's latest update on consumer confidence indicates that there's hope still for household spending. Recall the reported big drop in US retail spending (down 1.2% in the month of December) that I penned is consistent with ...

Spousal top ups to beat super balance inequity

JAMIE WILLIAMSON  |  THURSDAY, 14 FEB 2019
An industry association has used its pre-Budget submission to call for the introduction of a spousal rollover measure to help bridge the gender gap in superannuation balances. The SMSF Association said allowing individuals to rollover a portion of their ...

Mainstream board loses former ASIC executive

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... $8.3 billion in net inflows contributed in the six months to 31 December 2018. The group said broad market headwinds were offset by 106 net additional funds and growth in its global hedge and private equity businesses. In the six months, Mainstream grew ...

CBA posts $4.6b in profits, dividend flat

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... operating income fell almost 2% to $12.4 million as lower net interest margins, lower markets and fee income and weather events offset the growth in volume. Operating expenses were down 3% to $5.3 billion as one-off items from the prior period offset ...