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Showing 461 - 470 of 621 results for "MEC"

Business continues to resist 12pct SG

ALEX DUNNIN  |  TUESDAY, 3 APR 2012
The superannuation industry might have unsurprisingly welcomed the passing of the SG increase, but the business lobby is continuing to voice its opposition to what it sees as a de facto tax rise. Speaking on ABC radio last week, chief executive of the ...

Legg Mason Real Income Fund rated Highly Recommended

RACHEL DAVIS  |  WEDNESDAY, 28 MAR 2012
Legg Mason's Australian Real Income Fund has received the rating of 'Highly Recommended' by research house Lonsec. Lonsec awarded the 'Highly Recommend' rating, in part, for the "improved resourcing and skills of the investment team responsible for ...

Take advantage of current concessional caps: OnePath

CLAIRE MCGREAL  |  WEDNESDAY, 14 MAR 2012
Advisers should urge their clients to take advantage of current super concessional caps, with legislative uncertainty surrounding contribution limits for the over 50s from July 1. That's according to Andrew Lowe, head of technical sales strategy at ...

SuperStream exposure draft a positive step

ELISE BURGESS  |  MONDAY, 13 FEB 2012
The industry has welcomed the Government's exposure draft legislation and a draft explanatory memorandum, detailing new proposed legislation to improve the administration and management of super accounts through the SuperStream reforms. The draft is ...

The majority is wrong

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2012
"Baby what a big surprise Right before my very eyes" - Chicago Yesterday we became witnesses on how the Reserve Bank of Australia (RBA) disproved the saying that, "the majority is always right". It kept the country's official cash rate unchanged at ...

Waiting for the RBA to dance

BENJAMIN ONG  |  TUESDAY, 7 FEB 2012
"What do you see You people gazing at me You see a doll on a music box That's wound by a key..." -- Doll on a Music Box All eyes are fixed on the RBA today. Will they? Won't they? Make it three (interest rate cuts) for three (Board meetings)? As far ...

Eyes turn to monetary policy

MELANIE TIMBRELL  |  THURSDAY, 2 FEB 2012
Australian GDP growth will slow this year shifting the focus back to monetary policy and Macquarie Group chief economist Richard Gibbs forecasts the RBA will respond with two more rate cuts during 2012. Gibbs was speaking at the 2012 Financial Standard ...

Stirrings

BENJAMIN ONG  |  TUESDAY, 31 JAN 2012
Uh-oh, is it just me or is the fear index starting to stir once more? There must be another summit underway in Europe. There's nothing like the smell of a European summit to scare the bejeesus out of financial markets. The VIX index spiked to a high ...

Plan 5 and counting

BENJAMIN ONG  |  MONDAY, 12 DEC 2011
It was the summit touted as the one to end all summits. But nah! As Daryll Kerrigan in the "The Castle" would say, "tell him he's dreaming". Five Plans done, "n" to go. Last weekend's European Summit produced something - well, sort of - and the equity ...

Waiting to exhale 5

BENJAMIN ONG  |  THURSDAY, 8 DEC 2011
So here we are... in another "waiting to exhale" moment. Like I, me and Irene expected, volatility's picked up ahead of the unveiling of yet another European Grand Plan. It's Plan Numero Five this time. And like the anticipation that went before Plans ...