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Showing 661 - 670 of 2154 results for "Extra"

Superannuation reforms underway

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... Government is committed to implementing all of Commissioner Kenneth Hayne's 76 recommendations and in some cases has gone the extra mile, she said. "This includes 15 recommendations and one additional measure for the superannuation industry," the ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
The Aussie dollar is down. Repeat, the Aussie dollar is down! The A$/US$ exchange rate closed at US$0.6879 - down 2.3% this year to date its lowest level in three years - at the end of last week's trading. The local currency is down 1.8% (year-to-date) ...

Intrust launches micro-saving app

KARREN VERGARA  |  TUESDAY, 11 JUN 2019
... it to the fund. A survey conducted by the fund showed that about one-third (32%) of Australians were interested in making extra contributions but were not currently doing so. More than two-thirds (70%) felt they would not have enough super to live comfortably ...

SG below 10% fails super objective

HARRISON WORLEY  |  FRIDAY, 7 JUN 2019
Rice Warner has weighed into one of the longest running debates in the superannuation sector, saying a superannuation guarantee under 10% fails its primary objective. The researcher believes the superannuation guarantee (SG) should increase in line ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... July 1) will be spent or saved. But with mounting concerns over the Australian economy, households would rather spend the extra money - from the tax stimulus and the RBA rate cut - to shore up savings instead. Spending can wait! Consumer prices aren't ...

Minimum wage rises by 3%

HARRISON WORLEY  |  TUESDAY, 4 JUN 2019
... inflation - would add pressure to small businesses. "The decision to pay Australia's 2.2 million award dependent workers an extra $21.60 per week from July 1 fell well short of the $43 per week the Australian Council of Trade Unions lobbied for but was ...

Plato fund shuts down

KANIKA SOOD  |  TUESDAY, 4 JUN 2019
... waiting for the wind up to receive their money. The closing fund invested in the Plato Australian Shares Income Fund, with an extra overlay of cash and interest rate futures to manage risk, and charged 9bps over the underlying fund's 0.9% p.a. management ...

FPA moves to improve adviser mental health

ELIZABETH MCARTHUR  |  FRIDAY, 31 MAY 2019
The Financial Planning Association of Australia (FPA) has launched a free health and wellbeing program providing confidential support from psychologists and counsellors to its members. The FPA Wellbeing program comes amid unprecedented changes in the ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
"The heat is on, the heat is on, the heat is on Oh it's on the street, the heat is on..." - Glenn Frey Oh yes, Virginia, the Reserve Bank better deliver a cut in interest rates when its board meets next week (June 4) or there'll be a lot of ...

Chief economist update: Fairy tales can come true

BENJAMIN ONG  |  MONDAY, 20 MAY 2019
... 2018/19 and A$3.6 billion in 2019/20. If Liberium's forecast for iron ore prices proves accurate, it would deliver an extra A$3 billion reducing the 2018/19 underlying cash balance from a deficit of A$4.2 billion to a deficit of just A$1.2 billion ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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