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Growth and consequence

BENJAMIN ONG  |  MONDAY, 19 MAY 2014
... so earlier this month. "At the end of this discussion, I would say that the Governing Council is comfortable with acting next time but before we want to see the Staff projections that we come out with in early June. There is consensus about being dissatisfied ...

Budget reply speech 2014 -15: Bill Shorten

Moving on up

BENJAMIN ONG  |  FRIDAY, 16 MAY 2014
... the improvements in public debt profile and investment environment will at least be preserved in the medium term under the next administration." "... it "reflects the country's strong external liquidity and international investment position, combined ...

Safer sex? Women take less risk than men

MARK SMITH  |  THURSDAY, 15 MAY 2014
... arise in the adviser relationship, as well as the marital relationship," FinaMetrica co-founder Paul Resnik said. "In the next market fall, the financial adviser could end up in hot water with both the lower risk tolerant partner and possibly with regulators ...

BOE qualifies for World Cup

BENJAMIN ONG  |  THURSDAY, 15 MAY 2014
... better... If the Fed, BOJ, ECB and PBOC could do it - forward guiding markets that monetary policy would remain easy (easier next month in the case of the ECB) - why couldn't the BOE? Yes it could! By most indications, the Bank of England (BOE) should ...

Cuts to ASIC and ATO push industry to self-regulation

LAURA MILLAN  |  WEDNESDAY, 14 MAY 2014
... (ATO) will force the industry to rely more on self-regulation. The budget is contemplating cuts of $142.8 million over the next three years for the ATO and of $120.1 million over the next five years for ASIC. "The government thinks that there is scope ...

Masseurs Tony and Joey

BENJAMIN ONG  |  WEDNESDAY, 14 MAY 2014
... growth estimates contained in the Budget papers are conservative. Real GDP is forecast to ease from 2.75% in 2013/14 to 2.5% next fiscal year before accelerating to 3.0% in 2015/16. More conservative is the government's labour market prediction. The ...

Budget forces advisers to rethink tax, retirement strategies

LAURA MILLAN  |  TUESDAY, 13 MAY 2014
... Dante De Gori told Financial Standard. The levy on high income earners will also be a factor to take into account in the next two years. AFA chief executive Brad Fox said that advisers will have to help GenX clients "married, with debt and in their 40s." ...

Budget a 'missed opportunity': ISA

JAMES FERNYHOUGH  |  TUESDAY, 13 MAY 2014
... challenges is increasing pension costs combined with increasing aged care and health costs. Due to an ageing population, over the next 50 years it is expected that these three areas share of GDP will soar from 7.6% to 13.3% which is clearly unsustainable." ...

Budget speech 2014 -15

... And, if we all contribute now, we will build the equivalent of eight Snowy Mountains Schemes in new infrastructure over the next decade. We are a great nation and now is our chance to be even better. We know that for some in the community this Budget ...