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Showing 4901 - 4910 of 9317 results for "Red"

Govt underestimates SMSF Budget impact: BGL

MARK SMITH  |  MONDAY, 16 MAY 2016
Changes in the Federal Budget may affect as many as 85,000 SMSFs with 160,000 members, SMSF administration provider, BGL Corporate Solutions - many more than suggested in the budget papers. BGL is concerned the proposed $1.6 million pension cap will ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 12 MAY 2016
Australia consumer confidence The drop sparks a rise. There is no doubt that the 8.5% jump in the Westpac-Melbourne Institute consumer sentiment index to 103.2 points in May - the highest level since January 2014 - had been mainly a result of the Reserve ...

RBA envy

BENJAMIN ONG  |  MONDAY, 9 MAY 2016
... sign - the All Ordinaries index stuck out with a 0.8% gain in the first week of May while most others ended splattered with red ink. The Dow and the S&P 500 finished 0.2% and 0.4% lower, respectively, for the week; benchmark indices for the UK(-1.9%) ...

Shorten attacks government's retro super changes

DARREN SNYDER  |  FRIDAY, 6 MAY 2016
Federal Opposition Leader Bill Shorten used his budget reply speech last night to label the government's superannuation changes as "retrospective" and reaffirm Labor's election policy on the $2 trillion industry. On Tuesday the government announced ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 6 MAY 2016
Australia retail sales ABS data released yesterday gave meat to the RBA's statement after its 3 May Board meeting that, "In Australia, the available information suggests that the economy is continuing to rebalance following the mining investment boom" ...

Agriculture ripe for institutional picking

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
In June next year the gross value of Australia's annual farm production is expected to pass $60 billion for the first time, a reflection of improved prospects in livestock and cropping industries. But a lack of consultant coverage means the opportunity ...

ANZ cuts fees on foreign currency ETFs

ALEX BURKE  |  THURSDAY, 5 MAY 2016
ANZ has announced it will reduce management fees on its two foreign currency exchange-traded funds. The ANZ ETFS Physical US Dollar ETF has had its management fee reduced to 0.3% per annum (down from 0.45%), and the ANZ ETFS Physical Renminbi ETF has ...

Super fund disclosure gets extension

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
Superannuation funds have been given an extra year to bring themselves up to speed with proposed portfolio holdings disclosure and choice product dashboard requirements. The Australian Securities and Investments Commission (ASIC) said the new start ...

Advisers encouraged to review changes carefully

KERRIE SYDEE  |  WEDNESDAY, 4 MAY 2016
A higher than expected number of changes to superannuation delivered in the 2016 federal budget will keep financial advisers on their toes, as they work to update financial plans in line with the changes. From 1 July 2017, the tax exempt status of income ...

Budget delivers blow to aged care

KERRIE SYDEE  |  WEDNESDAY, 4 MAY 2016
Funding to aged-care providers will be cut by $1.2 billion over four years, in a move the government claims was the result of greater than expected growth in expenditure. The budget papers state that the efficiencies will be achieved through "changes ...