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Showing 521 - 530 of 4538 results for "Dollar"

Credit Suisse confirms multibillion-dollar loss

JAMIE WILLIAMSON  |  WEDNESDAY, 7 APR 2021
Credit Suisse has announced the departure of several senior staff members while confirming a $6.13 billion loss, reportedly linked to the collapse of family office Archegos Capital. Credit Suisse said it expects to incur a pre-tax Q1 loss of $1.25 billion ...

Tax concessions failing women: Research

ANNABELLE DICKSON  |  TUESDAY, 6 APR 2021
... Australia Institute research economist Eliza Littleton said. From super tax concessions, 72% flow onto men and for every dollar of super tax concession going to women, men get $2.52 and for CGT 61% of the discount flows to men, getting $1.54 for every ...

Zero rates causing risky business: Pengana

ANNABELLE DICKSON  |  WEDNESDAY, 24 MAR 2021
... that is getting poorer," Fisher said. An example of this, Fisher explained, was Pengana's holding in US-based chain store Dollar Tree. "It is huge in the US and are chains of small, cheap supermarkets or variety stores that provide smaller packages to ...

FSC defends retail super funds

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
The Financial Services Council has hit back at claims made by Industry Super Australia that retail super funds rort members out of billions of dollars. ISA made the statement back in December last year when responding to the Morrison government's announcement ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
... de facto tightening of financial and economic conditions. The Chinese yuan has now appreciated by a 10.2% versus the US dollar to CNY6.5 from last year's low of CNY7.16.

Remediation services profiting from Royal Commission failures

ELIZABETH MCARTHUR  |  THURSDAY, 11 MAR 2021
... is one such service, launching just last year. People who think they may be eligible for a refund from the multi-million-dollar remediation programs being run by all of Australia's largest financial institutions can use Remediator to manage the refund ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
... globally have been associated with volatility in some other asset prices, including foreign exchange rates. The Australian dollar remains in the upper end of the range of recent years."...and like them, is pushing back, saying: "The bank remains committed ...

MTAA Super increases premiums amid merger

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... monthly benefit amount, instead of a weekly cost in $250 units. Income protection with Spirit Super will be offered as a dollar benefit rather than in units of cover. This will also mean a price rise for most members. For example, for a 32-year-old with ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
... the withdrawal altogether of social and business restrictions. The rally in copper prices has also been driven by the US dollar's depreciation. The US dollar index (versus major currencies) has now fallen by 11.4% from the 17-year high it recorded in ...

Age pension spending to rise: ISA

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... private savings at retirement and more reliant on the publicly funded age pension." "There is no free lunch, for every dollar taken out of super early the taxpayer has to pay back even more in higher pension costs - that's why if the government opts-out ...