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Showing 461 - 470 of 3743 results for "Figure"

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
The Australian economy fell 7% in the June quarter, spelling two consecutive quarters of economic contraction, officially marking the nation's first recession since 1991. The release of national accounts confirmed the Australian economy has experienced ...

Industry funds triumph July performance

ANNABELLE DICKSON  |  WEDNESDAY, 2 SEP 2020
UniSuper and AustralianSuper have come out on top of the leaderboard for personal and workplace superannuation over the longer term but couldn't keep up in the last 12 months, according to the latest figures from Rainmaker Information. UniSuper's default ...

Super contributions rise despite ERS

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... Personal contributions for the June 2020 quarter ($7.8 billion) were particularly soft, recording the lowest June quarter figure since June 2016. Total contributions for the year ending June 2020 were $120.6 billion, while there were $37.4 billion in ...

Advice remediation tops $1bn

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
... as a result of fee for no service, misconduct and non-compliance advice, according to ASIC. ASIC said the $1.05 billion figure had been reached at 30 June 2020. The payments relate to ASIC report 499 Financial advice: Fees for no service and ASIC report ...

ACCC flags dangers of ERS

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
... other people." Rickard said last year alone Australians lost a reported $26 million in investment scams - and the actual figure is probably much higher. She wants to warn consumers to be particularly wary of bitcoin and cryptocurrency schemes, saying ...

40% of ERS applicants not eligible: illion

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
New research released by illion found that 38% Early Release of Super (ERS) applicants saw no drop in their income during the COVID-19 crisis, as withdrawals surpass $31 billion. The research found that the scheme has continues to drive a huge spending ...

Advisers bolt to cash, gold

ANNABELLE DICKSON  |  FRIDAY, 14 AUG 2020
... respectively in July, according to the latest BetaShares Australian ETF Review. Interestingly there was almost the same figure flowing out of the BlackRock iShares Core S&P/ASX 200 ETF and the State Street SPRDR S&P/ASX 200 month at $159 million and ...

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
"After a steady period of wage growth over the previous 12 months, wages recorded the lowest annual growth in the 22-year history of the WPI, ABS head of price statistics Andrew Tomadini said. "The June 2020 quarter was the first full period in which ...

ERS doesn't justify higher SG: Grattan

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
New modelling from Grattan Institute found most Australians will have a comfortable retirement even if they have taken advantage of the government's early release scheme. The government recently extended the ERS scheme, allowing individuals who have ...

Chief executives cop pay cuts

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
... 7.4% across the ASX100 during FY19. The average chief executive realised pay within the ASX100 universe was the lowest figure recorded in six years at $5.24 million. Realised pay is calculated on a 'cash pay' basis, reporting pay excluding share-based ...