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Showing 481 - 490 of 3289 results for "Above"

ASX 100 chief executive bonuses hit record highs

CASSANDRA BALDINI  |  WEDNESDAY, 13 JUL 2022
... received $11.12 million and BHP's Mike Henry received $10.46 million. "Common to all chief executives with realised pay above $20 million in FY21 and consistent with prior years, was the vesting of large equity grants accompanied by very strong share ...

Growth scare likely during second half of 2022: Report

CASSANDRA BALDINI  |  FRIDAY, 8 JUL 2022
... higher risk of recession before the potential relief of a soft landing," it read. Historically, when inflation has risen above target, the amount of central bank tightening delivered to bring down price pressures results in a recession roughly 80% of ...

RBA raises interest rates again

ANDREW MCKEAN  |  WEDNESDAY, 6 JUL 2022
... his forecast, any fall from that high rate could be regarded as 'towards' 2-3%, but inflation could still be well above the RBA's target band." Firetrail head of investment strategy Anthony Doyle said: "With inflation likely to remain above ...

ASIC bans Melbourne adviser

CHLOE WALKER  |  FRIDAY, 1 JUL 2022
... specific interests via personal borrowings. In doing so, ASIC found that Ruthenberg failed to prioritise his clients' interests above his own when recommending they invest. Further, the high-risk nature of the investment did not match his clients' risk ...

MLC Life enhances income product range

ANDREW MCKEAN  |  WEDNESDAY, 29 JUN 2022
... greater certainty of future premiums." Income Assure provides an income replacement ratio of 70%, with tiering for incomes above $150,000. Income Assure+ provides a ratio of up to 90% for six months post-claim if customers select the 'booster' ...

Performance test comms criticised

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... FAQ about why its product was 'underperforming' by referring to its performance against its own percentage return above inflation target, and without reference to the test." Other issues raised by ASIC related to ongoing disclosure and included ...

Clear up uncertainty: AFA, FPA

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
... limited scope advice to meet the BID. There should also be limits applied to ASIC's ability to "mandate obligations that go above the law through either legislative instruments or regulatory guidance", it said. "If work is done to address the issue with ...

SMSF assets climb to $892bn

ANDREW MCKEAN  |  FRIDAY, 17 JUN 2022
... SMSFs established in the March quarter, 32% had incomes between $0 - $60,000, 46% in the range of $60,000 to 150,000 and 20% above $150,000. The remaining data was labelled as unknown. A quarterly SuperConcepts investment survey has also found that compared ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
... low-paid while seeking to constrain inflationary pressures." The modern award minimum wage will also rise by 4.6% for wages above $869.60 per week, wages below will receive an increase of $40 per week. The most significant changes since last year's ...

Defective disclosures see Avanteos Investments fined

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
... was a "very serious failing of corporate governance and an example of a financial corporation putting its own interests above those of its investors". All the members' estates have been remediated, ASIC noted. "This is the first criminal prosecution ...