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Showing 511 - 520 of 1045 results for "Productivity"

Productivity Commission pushes for superannuation scale benefits

KARREN VERGARA  |  MONDAY, 26 NOV 2018
The Productivity Commission has made another "compelling" argument for economies of scale in superannuation, estimating it to save the industry $340 million each year. The benefits however, aren't flowing to members. In its final supplementary paper ...

Vertical integration not to blame

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... associate professor Elizabeth Sheedy says the balanced scorecard tested did not lead to any significant uplift in productivity relative to fixed remuneration. Sheedy adds the Royal Commission has identified many examples of misconduct resulting in bad ...

Advice software founder steps down

JAMIE WILLIAMSON  |  FRIDAY, 23 NOV 2018
... the businesses' management structure. Fisher initially stepped down in May for health reasons, with global head of productivity and optimisation George Jaja appointed as interim chief executive. Jaja has now been confirmed in this position, with Fisher ...

Chief economist update: Finding neutral

BENJAMIN ONG  |  TUESDAY, 20 NOV 2018
... it in and seven to hold everything else constant. Neutral interest rate of 3%, assuming potential GDP, NAIRU and productivity growth are constant. I can go on and on but my point is that no one really knows where the neutral level of interest rate lies. ...

Knowledge, action gap puts SMSF savings at risk: Research

JAMIE WILLIAMSON  |  MONDAY, 19 NOV 2018
... success is the right assistance from the start, not when you hit a certain number." The argument was made in the Productivity Commission's draft report which stated SMSFs with less than $1 million perform significantly worse than institutional funds ...

FSC moves to protect retail super from ALP 'tinkering'

HARRISON WORLEY  |  WEDNESDAY, 14 NOV 2018
... fund members with balances below $100,000, and could add up to $850 a year to the balance of a retiree. Drawing on Productivity Commission data, the council said its survey found 33,000 retail superannuation accounts of full-time workers - whose average ...

Mental health at work still a stigma: Report

KARREN VERGARA  |  TUESDAY, 6 NOV 2018
... SuperFriend chief executive Margo Lydon said to identify and appropriately support workers, and acknowledge how much productivity is lost or gained from mental health issues is still a learning process for managers. Almost two-thirds (64%) believe investing ...

Royal Commission hits Westpac cash earnings

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
... premiums 20% higher. "While we have more work to do, we are dealing decisively with known issues. We have lifted our productivity target for next year to $400 million as we continue to simplify our products, digitise our business and modernise our platforms," ...

Assistant Treasurer warns super funds to lift engagement game

KARREN VERGARA  |  FRIDAY, 2 NOV 2018
... thing," he said. Even the government is pulling its weight, he said, adding that the ATO has to fill the gap. The Productivity Commission estimates there are currently 10 million multiple super accounts. Per member, this works out to be an average of ...

Productivity Commission counters group insurance research

KARREN VERGARA  |  MONDAY, 29 OCT 2018
The Productivity Commission has taken a deeper dive into insurance inside superannuation and cast doubt into the sector's ability to help the Government alleviate social security payments. Releasing a supplementary paper to its May draft report ...