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Showing 531 - 540 of 1553 results for "Offset"

Australia a nation changing fast: Census

ALEX DUNNIN  |  TUESDAY, 27 JUN 2017
... reported a Christian faith but by 2016 this ratio had plummeted to just one in two. The 36 percentage point change was mostly offset by the 30 percentage point increase in the number reporting no affiliation.

Looming super reforms benefit millions

JAMIE WILLIAMSON  |  FRIDAY, 23 JUN 2017
... particularly women. The revived Low Income Superannuation Contribution, now labelled the Low Income Superannuation Tax Offset (LISTO), will be received by about 3.1 million people - 63% of which the Association of Superannuation Funds of Australia estimates ...

Life insurance market flat: Research

KARREN VERGARA  |  MONDAY, 22 MAY 2017
... products, Strategic Insight found while in-force business continued to grow slowly, a large portion of new premiums were offset by lapses and policy closures. In 2016, direct business reported about $1.1 billion of individual risk inflows; $562 million ...

Watermark market neutral LIC to launch buy-back

ALEX BURKE  |  TUESDAY, 16 MAY 2017
... investor update, Watermark said fund performance was beset by unfavourable stock-picking conditions, value gains being offset by losses in resources and financials and "lack of exposure to the rising market in the second half of 2016." Having said this ...

Super reform impacts AMP results

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2017
... superannuation reforms. The institution recorded an 11% increase in wealth management inflows year on year to $6.4 billion, but was offset by a 19% increase in outflows of $199 million. AMP said these were largely driven by increased superannuation consolidation ...

Financial dispute authorities combined for 'one-stop-shop'

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... infrastructure for the reporting and analysis of internal dispute resolution performance data by financial firms. This will be offset by an increase in levies of $3.6 million over three years from 2018-19 under ASIC's Industry Funding Model. The Australian ...

Tax breaks delivered to first home buyers

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... their first home. The contributions will taxed at 15%, while withdrawals will be taxed at marginal tax rates less a 30% offset from 1 July 2018. "An extended period of house price growth, particularly in Sydney and Melbourne, has resulted in young families ...

Increased APRA levies provide regulator with more power

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... insurance policyholders and superannuation fund members by responding to new financial system activities and products, to be offset by a $26.8 million increase in APRA Financial Institutions Supervisory Levies over the next four years including amortisation. ...

Government debt on its way to $606bn

ALEX DUNNIN  |  TUESDAY, 9 MAY 2017
Treasurer Scott Morrison's expansionary second budget, bankrolled by government receipts rising more than 6% per annum compared to expenditure rising by 4% per annum, sets Australia on the road towards a surplus by 2020 but one supported by record Commonwealth ...

Strong quarter for CBA

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... compared to the previous corresponding period. AUM and FUA growth reflected stronger market investments, but was partially offset by exchange rate movements. CBA did not detail the performance of its insurance arm, but noted insurance income was affected ...