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Showing 571 - 580 of 4539 results for "Dollar"

ISA calls for super tax reform

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
Industry Super Australia (ISA) has called for the stage two tax cuts to be matched by a change to the Low-Income Superannuation Tax Offset (LISTO) to help boost the retirement savings of women. ISA said this move could help add tens of thousands of ...

Industry fund launches new passive options

JAMIE WILLIAMSON  |  WEDNESDAY, 14 OCT 2020
A $6 billion industry superannuation fund has introduced a range of low-cost, indexed investment options for members as it closes two other options. LUCRF Super has made changes to its range of investment options to offer members a wider range of low ...

Westpac puts Australia on bad banking leaderboard

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
Global banks have paid out around US$10.5 billion in fines so far this year, with Westpac taking out third place thanks to the AUSTRAC scandal. The research, provided by Finbold, listed the top 10 biggest fines paid by global banks with US institutions ...

Transition away from LIBOR continues

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
ASIC, APRA and the RBA have joined forces in the transition away from LIBOR, which is expected to cease at the end of 2021. Last week, the International Swaps and Derivatives Association (ISDA) announced that it will launch the 2020 IBOR Fallbacks Protocol ...

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
... was then a fast depreciating Chinese yuan. It's now working to restrain the currency's move higher versus the US dollar, which has appreciated by 3.4% this year to date and by 6.2% from the 2020 low of CNY7.1542/US$ recorded in late May. Investors ...

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
"If not for you Babe, I couldn't even find the door I couldn't even see the floor I'd be sad and blue If not for you" - Olivia Newton-John Yes Olivia, it's the Budget. There might be precious few worrying about the implications of the ...

Chief economist update: Splish splash, budget cash

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2020
"Money, money, money Always sunny..." -ABBA Money, in Aussie dollar terms, amounts to "$98 billion in response and recovery support, including $25 billion under the COVID-19 Response Package and $74 billion under the JobMaker Plan" the Federal Treasury ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... Bernie Dean said. "With the government's early release of super scheme sending millions of members accounts backwards every dollar in saved fees and improved returns is desperately needed and will ensure members get the maximum benefit of the legislated ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
The government has implemented a raft of tax relief measures for individuals and businesses in the 2020/21 budget in an effort to boost consumption in the economy and support business investment. Over 99% of businesses will be able to write off the ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... delivery and no plan for the future." Chalmers said the Labor party was hoping for "more bang for buck" with a trillion dollar debt and accused the government of being inconsistent. Chalmers also put the spotlight on a number of issues that were not ...