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Showing 31 - 40 of 3441 results for "HOME"

Superannuation fund returns underperformed SMSFs: Research

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... which a much larger proportion diversify internationally, typically with larger weightings," Mihaylov said. "Although this home bias generally leads to sub-optimal levels of investment diversification, it can also act to boost earnings and returns during ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... to 11.7%. In response to this, the FSC has proposed revising the net asset threshold to $5 million, including the family home, to recalibrate eligibility to just 3.1% of households. Alternatively, if the threshold was changed to $2.4 million excluding ...

Macquarie profits tumble; long-serving executive exits

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... totalling $6 billion. Banking and Financial Services (BFS) reported a 3% increase in total deposits to $135.6 billion. The home loan portfolio rose 3% to $117.9 billion, and funds on platform grew 6% to $132.8 billion. The business banking loan portfolio ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... everyone. A broad frame is required to consider super alongside any sources of government support, income from part-time work and home equity to fund a dignified retirement," he said.

Betashares to launch Nasdaq ETFs

CHLOE WALKER  |  THURSDAY, 8 FEB 2024
... exposures to the fund manager's existing Nasdaq 100 ETF (NDQ) which recently passed $4 billion in assets. "As Australia's home of the Nasdaq 100 ETF, we're proud to expand the universe of investment solutions providing exposure to some of the world's ...

Equity Trustees adds more super fund clients

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... of funds following the acquisition of Guild by Future Group. The Clearview Retirement Plan was established in 1987 and is home to about 12,500 members. As at June 2023, it had about $2 billion in funds under management. Its trustee was ClearView Life ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... initiatives, potentially stifling parliamentary decisions to liberalise superannuation rules for purposes like aiding first home buyers or providing support during economic downturns, as seen during the COVID crisis. "Members' money is being used ...

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
... survey by finance comparison site Mozo reveals that one in six Australians fork out 40% to 60% of their monthly income on home loan repayments. Nearly 40% of the 2100 mortgage holders surveyed said they struggle to make up the shortfall worth hundreds ...

Albanese set to overhaul Stage 3 tax cuts

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2024
Prime Minister Anthony Albanese will amend the Stage 3 income tax cuts package, flagging that everyone is set to benefit from the changes. Albanese told radio station 2GB that all taxpayers will receive a tax cut. However, those earning over $180,000 ...

ME Bank fined $820k for misleading borrowers

CHLOE WALKER  |  MONDAY, 22 JAN 2024
ME Bank has been fined by the Federal Court after it was found to have provided inaccurate information about its home loans to customers. The matter, prosecuted by the Commonwealth Director of Public Prosecutions, followed an investigation and referral ...