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Showing 531 - 540 of 8008 results for "Average"

Large-cap equity funds continue underperformance: SPIVA

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... 12.4% per annum, SPIVA's 2023 Australia scorecard revealed as the index. They also fared worse than the long-term average of 60%. S&P Dow Jones Indices APAC director and head of index investment strategy Sue Lee said certain market environments that ...

Stage 3 tax cuts pass Senate

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... increase the threshold for the 37% tax rate from $120,000 to $135,000 (see Figure 1 and 2). Source: H&R Block A person on an average income of $73,000 will receive a tax cut of about $1504, the government said. Previously, they would have saved around ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... within the next three months, Shrimski said. Vanguard Super's membership typically skews younger currently, with the average member being in their early 40s. Shrimski said he expects this to change once all advisers have access and the offering is ...

Pay gaps at super funds, fund managers revealed

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2024
... gap, the WGEA says: "Gender pay gaps are not a comparison of like roles. Instead, they show the difference between the average or median pay of women and men across organisations, industries, and the workforce as a whole." Looking at the top five superannuation ...

Super funds captivated by equities: Research

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
... pension markets and found Australia's high dependency on the equity markets, allocating 51% to stocks, which is above the average of the top seven countries of 42%. The US pension market has some 46% invested in equities, while Canada and Switzerland ...

Super funds convene with assistant treasurer

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... quick and easy process could lead to further distress for members at an already deeply traumatic time," Schubert said. On average, death benefit payments are processed in just over one month. The roundtable explored "regulatory barriers" the government ...

Warren Buffet honours Charlie Munger in Berkshire shareholder letter

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... all, we have no possibility of eye-popping performance," Buffet said. But Berkshire "should do a bit better" than the average American corporation and, more importantly, operate with materially less risk of permanent capital loss, he added. Meanwhile ...

Financial services 300x more likely to get hacked: Expert

CHLOE WALKER  |  FRIDAY, 23 FEB 2024
... created by some of the most sophisticated hackers in the world and use this software to hack you." According to Jack, the average time for a hacker to spend infiltrating a small business is around seven months, or 211 days. "This is an extremely long ...

Super contribution caps to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... Superannuation contribution caps will go up on July 1, after the Australian Bureau of Statistics reported an increase in average weekly ordinary time earnings (AWOTE). The ABS reported the AWOTE rose 4.5%, seasonally adjusted, in the year to November ...

Super tax is a 'wealth tax': Taylor

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... capital gains... Labor's Division 296 Tax is an unindexed wealth tax." Citing treasury numbers, Taylor said that an average earning 21-year-old today will pay double in taxes on retirement savings based on this new policy. Together with Labor's ...