Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 581 - 590 of 1553 results for "Offset"

Future Fund surges to $123 billion

ALEX DUNNIN  |  MONDAY, 31 OCT 2016
... its long term target benchmark. The Future Fund, now valued at $123 billion, was established in 2006 as a fiscal fund to offset Australia's ballooning future liability for unfunded defined benefit superannuation payments to Commonwealth public servants ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 18 OCT 2016
... decline). A stronger than expected 0.2% gain in manufacturing production and a 0.4% rise in mining output over the month were offset by a 1.0% decrease in utilities. Year-on-year, overall industrial production declined by 1.0% in September after recording ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 5 OCT 2016
... 1.6% year-on-year fall in approvals for private sector houses in July accelerated to 6.5% in August. This was more than offset by the stronger gains in approvals for "private sector dwelling excluding houses" - up 26.3% in the year to August after gaining ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 30 SEP 2016
... by US$50.5 billion in the June quarter driven by a US$56.1 billion drop in profits of non-financial corporations, partly offset by a US$5.6 billion rise in profits of financial companies. Receipts from the rest of the world increased by US$37.5 billion ...

ASIC bans Deutsche Bank trader

KERRIE SYDEE  |  THURSDAY, 29 SEP 2016
... where he entered false entries into Deutsche Bank's record. As a result of making the false entries, Donaldson temporarily offset trading losses he had suffered and artificially increased his reported trading profits. The entries related to trades claimed ...

Budgets with more super tinkering are possible

DARREN SNYDER  |  MONDAY, 26 SEP 2016
Westpac chief economist Bill Evans warns superannuation funds that further tinkering of the system at Budget time is not beyond the realms of possibilities. As federal politicians become further engrossed in "fixing the Budget" the chief economist reckons ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 23 SEP 2016
... among the leading indicators are roughly balanced, positive contributions from the financial indicators were more than offset by weakening of nonfinancial indicators, such as leading indicators of labor markets, suggesting some risks to growth persist." ...

Where's the Brexit-induced recession?

BENJAMIN ONG  |  MONDAY, 19 SEP 2016

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 16 SEP 2016
... This is bad, or is it? The August fall was due entirely to the shedding of 15,400 part-time jobs over the month that was offset by the addition of 11,500 full-time positions -- recall, permanent income hypothesis (full-timers have relatively more income ...

$500,000 non-concessional cap scratched

DARREN SNYDER  |  THURSDAY, 15 SEP 2016
... less than $1.6 million in superannuation limits the cost of this change over the medium term. He added: "In order to fully offset the cost of reverting to a reduced annual non-concessional cap, the Government will now not proceed with the harmonisation ...