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Showing 521 - 530 of 4001 results for "Cut"

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... invasion of Ukraine last quarter, coupled with ongoing easing of COVID-19 restrictions strengthening global demand." "While a cut in the fuel excise of 22 cents per litre on 30 March 2022 resulted in fuel price falls in April, price rises were seen in ...

Wayne Byres to stand down

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... Bank of England. He has been chair since July 2014 and was reappointed to another five-year term in 2019 but has decided to cut that short. Acknowledging the decision, Treasurer Jim Chalmers thanked Byres for his dedicated service. "He'll be greatly ...

Brighter Super simplifies investment menu

JAMIE WILLIAMSON  |  MONDAY, 25 JUL 2022
... September. The funds' options were compared on performance, fee structure and management, with those that didn't make the cut to be closed. Brighter Super's Balanced, Stable, Australian Shares, International Shares, and Cash option will all close. In ...

Rest cuts administration fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
The industry fund has reduced asset-based administration fees across Rest Super, Rest Corporate and Rest Pension, saying its total fees are now at least 25% less than the industry average. Rest's asset-based admin fees, which are capped at $300, have ...

Practifi partners with Voyant

CHLOE WALKER  |  WEDNESDAY, 29 JUN 2022
The Australian wealth management technology platform is partnering with financial planning solution Voyant to provide enhanced client experience and performance optimisation. The integration, which comes just one year after Voyant's entrance into the ...

ASIC urges market to improve outage resilience

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
... stages on the issues raised including incident communication, session states, order and trade positions, intraday checkpoints, cut-off times, and business continuity planning and IT disaster recovery. ASIC's report said procedures for session states ...

AMP North caps fees to expand adviser footprint

ANDREW MCKEAN  |  TUESDAY, 28 JUN 2022
AMP is lowering the maximum administration fees charged for MyNorth Investment and MyNorth Super accounts on its North platform. According to an AMP statement, the new limits on administration fees as part of an effort to push further into the IFA market. ...

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
Minutes from the Reserve Bank of Australia's June board meeting revealed a risk of persistently high inflation as employees demanded a rise in wages to combat living costs. The minutes stipulated that should expectations of higher inflation become ...

NSW to introduce options for first home buyers

CASSANDRA BALDINI  |  TUESDAY, 21 JUN 2022
From January 2023 first home buyers in New South Wales will have the option of paying stamp duty or an annual land tax under proposed reforms. The plan, announced in the 2022-23 NSW budget, will see first home buyers purchasing a home up to the value ...

Stagflation: What should we expect?

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
Speaking at the Australian Institute of Superannuation Trustees (AIST) ASI 2022 conference, a panel of economic experts shared their views on the current stagflationary environment. "Inflation's certainly here to stay in the near term," QIC chief ...