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Showing 41 - 50 of 1305 results for "Surprise"

Vision Super defends new but 'archaic' policy

ELIZA BAVIN  |  TUESDAY, 13 MAY 2025
Vision Super has defended a policy not to share member information to anyone it believes are located offshore, however the way in which the fund allegedly determines the location of an individual has caused a stir. Lifestyle Solutions Financial Planning's ...

Warren Buffett to retire, recommends successor

KARREN VERGARA  |  MONDAY, 5 MAY 2025
... forth who he believes will best lead the company. At the annual Berkshire Hathaway shareholder meeting, Buffett made the surprise announcement and recommended that Greg Abel take over his post. "I think the time has arrived where Greg should become the ...

Inflation figures point to May rate cut

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... still widely expected from the Reserve Bank of Australia (RBA), the inflation problem remains. "Australia's inflation surprise reinforces that we're not past the inflation problem yet - especially with tariff risks still looming globally," Chanana said. ...

PM Capital hits back at Platinum after offer rejected

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
The PM Capital Global Opportunities Fund (PGF) has hit back after Platinum Asia Investments (PAI) rejected its non-binding indicative proposal, deciding instead to move forward with plans to merge with the Platinum Asia Fund Complex ETF (PAXX). PGF ...

RBA flags concerns over 'geopolitical uncertainties'

ELIZA BAVIN  |  WEDNESDAY, 2 APR 2025
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.1% at the April meeting - coming as little surprise to markets and economists. However, the central bank flagged ongoing uncertainty amid fears US tariffs could impact global growth. ...

New tax cuts for every Australian 'a complete joke': UNSW

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... kicked off the 2025-26 Federal Budget by declaring that cost-of-living pressures are "front and centre," unveiling two surprise tax cuts for all Australian taxpayers. From 1 July 2026, the 16% tax rate, which applies to taxable income between $18,201 ...

Deficit to reach $26bn: Deloitte

KARREN VERGARA  |  MONDAY, 17 MAR 2025
... cyclical revenue gains rather than structural improvements in the budget. Those surpluses still required fiscal discipline - surprise revenue upgrades were mostly saved rather than mostly spent. But banking on revenue to surpass Treasury's forecast ...

Bragg accuses ASIC of secrecy

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
Senator Andrew Bragg has questioned ASIC over how it handles investigations and proceedings against superannuation funds when it comes to claims handling delays. The back and forth with ASIC commissioner Simone Constant consisted largely of Constant ...

CSLR levy pain could hit $123m: FAAA

KARREN VERGARA  |  THURSDAY, 20 FEB 2025
... claims and $3.6 million in AFCA fees - meaning $48.2 million out of the total $70 million. "I think we were all taken by surprise by how big this scandal had become. UGC has become the little sibling of Dixon Advisory. There are some similarities, however ...

RBA delivers 'cautious' cut, road ahead unclear

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
... however, that the RBA ultimately cuts further either later this year or early 2026 - especially if inflation continues to surprise on the downside. After all, at 3.6%, the cash rate would still be considered restrictive, with at least two further rate ...