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Showing 461 - 470 of 1514 results for "Save"

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
Unless a positive shock emerges over the next few months, expect the RBA to continue lowering interest rates and the Morrison government to increase fiscal spending (but only after it's achieved having the Budget surplus immortalised on paper). ...

Aussie employers understand importance of advice

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
Most Australian employers understand access to financial advice through default super is important to their employees, latest research shows. State Street Global Advisors 2019 Global Retirement Reality Report (GR3) reveals 61% of Australian employers ...

Chief economist update: Zero here we go

BENJAMIN ONG  |  WEDNESDAY, 2 OCT 2019
A stitch in time saves nine. If only the Reserve Bank of Australia (RBA) adhered to this age-old proverb. But alas, by insisting on keeping the official cash rate at 1.5% for longer (from August 2016 to May 2019) than the dictates of global and domestic ...

ASIC casts doubt over Dollarmites

ELIZABETH MCARTHUR  |  TUESDAY, 1 OCT 2019
The Commonwealth Bank's lucrative but controversial Dollarmites program could get the axe, with ASIC seeking the public's view of school banking programs as part of its ongoing review of their use and impact in primary schools. School banking programs ...

Chief economist update: The greatest central banker of modern times

BENJAMIN ONG  |  TUESDAY, 1 OCT 2019
"Patience is a virtue." We've heard, read and seen this quote many, many times. This is a quote that's so easy to say but difficult to apply - more so if you're the head of one of the world's biggest central banks, presiding over a fast ...

Cerberus affiliate buys Aussie SME lender

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
... portfolio of financing solutions and capitalise on growth opportunities," he said. "The acquisition means we have been able to save almost 50 jobs in our Australian office and we now look forward to beginning this new chapter for Axsesstoday and continuing ...

Research budgets shrink at UK asset managers

KANIKA SOOD  |  FRIDAY, 20 SEP 2019
Asset managers in the United Kingdom have shrunk their research budgets by up to 30% but are delivering millions in benefits to investors, according to the UK financial authority's review of MiFID II. The Financial Conduct Authority yesterday published ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
The Putting Members' Interests First superannuation reforms are almost through parliament. The House of Representatives moved to pass the Putting Members' Interests First bill on Monday, making insurance in super opt-in only for under-25s. The bill ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... further 16% planned to spend over half. The remainder (53%) planned to spend less than half including around 25% who planned to save the full payment." Should the same stats hold when 100% of consumers receive their payments - suggesting more will be ...

Super debate too one dimensional: Rice Warner

HARRISON WORLEY  |  MONDAY, 26 AUG 2019
... discourse tends to focus on single issues at a point in time. Should the SG rate go to 12%? Is the means test a disincentive to save? Do tax concessions reduce the cost of the Age Pension? Will adequate retirement incomes be achieved?" Rice Warner said. ...