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Showing 561 - 570 of 2070 results for "Application"

Spaceship Super gets boost from Voyager

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
Spaceship chief executive Andrew Moore says its managed investments business has been the "single, strongest" source of growth for its $300 million superannuation fund. Spaceship, which started out as a superannuation fund in 2017, added a managed funds ...

ERS surges $7bn in a week

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
Early Release of Super payments surged around $7 billion in the first week of July, according to Treasury estimates, but this may not be a reason to panic. Treasury estimates a further $7 billion was wiped from super funds as the second tranche of applications ...

Hostplus bumps cash allocation up

ELIZABETH MCARTHUR  |  TUESDAY, 7 JUL 2020
Industry fund Hostplus has revised its asset allocation, bumping the allocation to cash in its balanced option up from 0% to 5%. The change to the cash allocation was effective from 19 June 2020, when the fund also reduced its allocation to alternatives ...

APRA warns of ERS second wave

ELIZA BAVIN  |  MONDAY, 6 JUL 2020
APRA has warned it is expecting high volumes of applications for the start of the second tranche of COVID-19 Early Release of Super scheme. The regulator said it is expecting a second wave of applications as Australians rush to remove a further $10,000 ...

ATO crashes amid tax return, ERS rush

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... are unable to demonstrate your eligibility when we ask for evidence, we may revoke the determination issued for your application. "This means the amount paid to you under COVID-19 early release of super will become assessable income and need to be included ...

ERS figures hit $17 billion

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
The latest round of APRA data has revealed that $17.1 billion in early release of super (ERS) applications have now been paid. Billions are being withdrawn each week, despite COVID-19 restrictions easing in most Australian states. Last week $15.9 billion ...

ASIC refuses just 3% of AFSL relief applications

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
... licence relief applications in the six month period that saw COVID-19 intensify. Outlining the regulator's relief application decisions in the six month period between October 2019 and March 2020, ASIC report 664 reveals most AFS licensing relief applications ...

Managed funds redemptions top US$62bn

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... valuation uncertainty and holdings with limited liquidity in managed funds. "We believe that the spate of suspensions and application of other extraordinary liquidity-management tools will lead investors to re-appraise the liquidity that mutual funds ...

First Nations Foundation gets COVID-19 funding

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
The First Nations Foundation, an Indigenous-led not-for-profit that promotes financial literacy, has received funding to deliver COVID-19 support to women. The foundation was one of only four recipients of this funding from the Department of Prime Minister ...

COVID-19 brings trading boom

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
New data shows sharemarket engagement has ticked up since the COVID-19 pandemic set in, as more Australians work from home. Latest nabTrade data reveals applications to the share trading platform increased 360% over the last quarter, with trading volumes ...