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Showing 611 - 620 of 1566 results for "Offset"

MySuper insurance widely misunderstood

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2016
... MySuper, highlighting that a majority of members don't understand that when they get TPD in a group plan it is generally an offset of the life insurance also provided and if they claim on TPD there is no life insurance. Clough addressed the question ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 26 AUG 2016
... buildings and equipment (2%), bonds, etc., $3.8b (3%), short term securities (3%), and derivatives (10%). These were partially offset by decreases in units in trusts (-2%), loans and placements (-2%); and other non-financial assets (-3%). At 30 June ...

Parliament goes to war on super

DARREN SNYDER  |  THURSDAY, 25 AUG 2016
... estimates and affect about 290,000 Australians. Labor supports measures such as the Low Income Superannuation Taxation Offset, but opposes new spending on allowing catch-up concessional superannuation contributions, the harmonising of contribution rules ...

Perpetual reports 8pc profit boost

ALEX BURKE  |  THURSDAY, 25 AUG 2016
... lower than the prior corresponding period. Perpetual attributed the dip to ongoing volatility in equities markets, "which offset good cost control and long-term outperformance of the funds." Perpetual Private, the company's private wealth advice business ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 25 AUG 2016
... in the second quarter - the fastest rate of decline on record and the fourth consecutive quarterly fall. This was partly offset by the 3.7% increase in public engineering construction over the same period. The value of building work done increased by ...

Real assets drive AMP Capital profit boost

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2016
... on property and infrastructure. While costs increased 11% year-on-year to a total of $94 million, this expenditure was offset by a 15.3% increase in operational earnings to $83 million and an additional $32 million income for the year generated by fee ...

Flat markets impact IAG profit

KERRIE SYDEE  |  FRIDAY, 19 AUG 2016
... personal lines in Australia and New Zealand was well as CTP volume growth. The company anticipates any such growth will be offset by continued tough conditions in commercial markets and an approximately $130 million reduction in GWP from the sale of ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 18 AUG 2016
... election; Fed interest rate policy; and China's efforts to deal with a structurally slowing economy". These have been slightly offset by erosions in aggregate monthly hours worked, the Westpac/MI Consumer Sentiment Expectations index and the Westpac ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 16 AUG 2016
... Private consumption growth accelerated to 1.9% (quarter-on-quarter) in the June quarter from 0.9% in the first. This was offset by declines in government spending (-3.6%), private capital investment (-3.3%) and exports (-3.3). Year on year, Thailand's ...

CBA posts record profit despite dip from wealth division

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
... million the previous year. CBA said the result was driven by growth in funds management income and lower operating expenses, offset by lower investment experience. Income from funds management grew 2% to $1.89 billion while average assets under management ...