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Showing 6041 - 6050 of 14214 results for "Interest"

Federal Budget is a Ginger Spice

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
The Government has handed down a "Ginger Spice" rather than a "Scary Spice" of Budgets this year, according to IOOF head of technical services Martin Breckon. Explaining himself, Breckon said the Budget appeared to be designed to avoid any comparisons ...

Financial dispute authorities combined for 'one-stop-shop'

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
Three separate financial services dispute resolution services will be combined and replaced by a 'one-stop-shop' to establish a simpler, more accessible and more affordable process for consumers. The Australian Financial Complaints Authority (AFCA) ...

Government puts stopper on Future Fund drawdowns

ALEX BURKE  |  TUESDAY, 9 MAY 2017
... earnings as a result of preserving assets." This additional return will, however, be impacted by increased public debt interest expenses. The Budget statement also noted an increase in staff at the Future Fund Management Agency, bringing the total number ...

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... institutions explain changes or proposed changes to residential mortgage pricing, including amendment of fees, charges, or interest rates. The levy will be calculated quarterly as 0.015% of an ADI's licensed entity liabilities as at each APRA mandated ...

Increased APRA levies provide regulator with more power

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
New reporting measures to increase accountability for authorised deposit-taking institutions and their executives will be introduced by the Federal Government. The Australian Prudential Regulation Authority (APRA) has been allocated $28.6 million over ...

Government debt on its way to $606bn

ALEX DUNNIN  |  TUESDAY, 9 MAY 2017
... This means the 11-year run of deficits since the GFC has cost Australia $370 billion. On the bright side, the weighted interest rate Australia is paying for its record breaking level of outstanding debt has fallen from 4.4% in 2013 to 3% in 2017, which ...

ESG holds key to adviser client retention

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... in the last quarter. "That's more than double, and if you look at the survey results in terms of who is driving that interest it is largely female financial advisers and younger millennial advisers. I think it's largely reflecting the interest they're ...

Pension fund eyes Fairfax Media

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2017
... Pension Plan and TPG Group, known as the TPG Consortium, issued an unsolicited, preliminary, and non-binding indication of interest to purchase a refined Fairfax known as Domain Co. It would comprise Fairfax's Domain, Australian Metro Media, events and ...

Which part of the elephant are you holding?

BENJAMIN ONG  |  FRIDAY, 5 MAY 2017
... fall 1 percent in 2017, but with some divergence. Gold prices are expected to decline 2 percent on expected further U.S. interest rate increases this year. Silver and platinum prices are expected to rise 1 percent, partly buoyed by strong industrial ...

Mosaic tailors financial advice for women, grows FUA to $800m

MICHELLE BALTAZAR  |  FRIDAY, 5 MAY 2017
For financial advisers looking to cater to high-powered female executives, US-based Mosaic Financial Partners provides a textbook-worthy case study. Sabrina Lowell, two-time winner of the "Heart of Financial Planning" award in San Francisco and chief ...