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Showing 531 - 540 of 1514 results for "Save"

Chief economist update: Policy normalisation interrupted

BENJAMIN ONG  |  TUESDAY, 22 JAN 2019
What a world of difference a year makes! The International Monetary Fund (IMF) has just released its World Economic Outlook Update, the heading: A Weakening Global Expansion. Says it all, really...and for a synopsis: "The global expansion has weakened. ...

Labor reforms to increase welfare dependency

JAMIE WILLIAMSON  |  THURSDAY, 17 JAN 2019
Labor's proposed franking credit reforms will substantially impact the income of more than one million Australians, forcing them to seek welfare. In an address yesterday, Alliance for a Fairer Retirement System chair Deborah Ralston said the vast majority ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
... CPI inflation eased to 0.9% from 1% in October. Should inflation continue to decelerate, Japanese consumers would instead save their increased pay as they defer spending in anticipation of lower prices in the future. However, with the upcoming hike in ...

Productivity Commission shakes up default superannuation

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... larger on average, collectively accounting for 77% of members in underperforming funds or about 3.8 million accounts. Members save $3.8bn The Commission said the twin issues of unintended multiple accounts and entrenched underperformers are harming millions ...

Royal Commission sparks risk book sell-off

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
Financial planners with smaller risk insurance books are looking to offload them now, save waiting for Commissioner Kenneth Hayne's final report. According to Radar Results, there has been a jump in the number of planners looking to sell risk books ...

Blockchain comes to managed funds

KANIKA SOOD  |  TUESDAY, 4 DEC 2018
A global funds network used by 95% of Australian platforms will migrate its entire network to blockchain in May 2019. Calastone expects its new distributed market infrastructure (DMI) to dramatically improve the infrastructure for trading and reporting ...

ASIC strips Melbourne firm of AFSL

KANIKA SOOD  |  MONDAY, 3 DEC 2018
... and that the business model adopted by this group was substantially the same as the cash rebate scheme of the Fuoco Group, save that clients were offered loans instead of cash rebates. ASIC contends that the A3 Group ran into difficulties and, to overcome ...

Productivity Commission pushes for superannuation scale benefits

KARREN VERGARA  |  MONDAY, 26 NOV 2018
... 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 ...

Wealth an unnecessary failure: Thorburn

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... Australia's banks might have hoped. The NAB boss said wealth management discussions such as the need for life insurance and how to save for retirement didn't come naturally to bankers, adding wealth management was outside the natural circle of banking. ...

AFCA creates small businesses ombudsman role

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... commented a small business expert appointed to the role will significantly improve small businesses' access to justice and save them time and money. Coonan added AFCA recognises that small businesses are a very important part of the Australian economy ...