Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 481 - 490 of 1719 results for "Minimum"

Charter Hall buys David Jones flagship

ELIZA BAVIN  |  TUESDAY, 22 DEC 2020
... property on a sale and leaseback transaction with David Jones, which will provide a 20-year, triple-net (NNN) lease, with minimum 2.5% per annum annual rent increases supplemented by an agreed turnover rent linked to sales performance. The Charter Hall ...

ASIC takes action against La Trobe Financial

ELIZABETH MCARTHUR  |  MONDAY, 21 DEC 2020
... issue with La Trobe Financial's 90 Day Notice Account and Classic 48 Hour Account. The two funds in question have minimum investment thresholds of just $10 and allow investors to redeem their money in as little as 48 hours or 90 days. However, the ...

CountPlus firm completes tuck in acquisition

ANNABELLE DICKSON  |  MONDAY, 21 DEC 2020
... million for the stake made up of an initial payment and the remaining balance due in 12 months based on the achievement of minimum revenues. As a result of the acquisition, Stirling director Erich Pederson will transition to Bentleys as a principal. ...

ATO backs SMSFs as strong retirement choice

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... including allowing individuals early access to their super, through the ERS scheme, and retirees to temporarily reduce their minimum drawdown amount by 50%. Micale said in addition to implementing those measures the ATO also increased the availability ...

Super leaves gig economy behind

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... which also found that even when they do make contributions, they are minimal when compared to the super guarantee that minimum wage workers enjoy. The average personal contribution by a gig economy worker was found to be between $500-$900 per annum ...

Superhero to launch super fund

KARREN VERGARA  |  MONDAY, 14 DEC 2020
... APRA-regulated fund in early 2021. While the super fund is open to everyone, it is eyeing members with an average age of 30 with a minimum of $10,000. Diversa will act as the super fund's trustee and OneVue as its administrator. Superhero co-founder ...

AMP launches retirement product

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... of 0.63% p.a. and guarantee fees of 1.45% p.a. deducted from the balance. Lock ins charge an additional 0.40% per year. Minimum initial investment amount for both options is $20,000. AMP Australia director of wrap products Shaune Egan said the product ...

New fund to invest in AI companies

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... and 20% above a 7% hurdle in performance fees. The firm is pitching it to sophisticated and family office market, with minimum investment size set at $100,000 with $50,000 for subsequent top ups. "With innovative technologies, including AI, forecast ...

QSuper bets on new retirement product

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... government is aiming to create a framework for Comprehensive Income Products for Retirement (CIPRs). Such products will meet minimum standards and provide higher income than an account-based pension drawn down at minimum rates. The review found the use ...

Trading platform partners with Sharesight

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... tax reports. The platform targets active share traders with two offerings: FocusLite, for lower-volume traders that pay minimum brokerage fees of $10 per trade or 0.04% and Focus, which is for active traders that pay a $45 monthly subscription, and a ...