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Showing 661 - 670 of 11409 results for "Rate"

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... payment. It will now comprise: The SG shortfall Daily interest on the SG shortfall calculated at the general interest charge rate on a compounding basis (currently 11.36%) An additional levy to reflect the cost of enforcement, up to 60% of the SG shortfall ...

Remara launches real estate strategy

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
... they know and want, which is property, without the substantial and concentrated capital costs and the exposure to interest rate uncertainty, planning, and they will likely meet the projected development return of 20%, given the housing shortages across ...

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... the years." Wheelhouse's global fund aimed to deliver long-term returns greater than the Reserve Bank of Australia cash rate plus 2.5% over rolling five-year periods. Since inception it's returned 6.4% against the benchmark's 4.3%. Meantime ...

WAM tells investors it 'got the call wrong'

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... positioned portfolio, betting that the sharemarket is too confident about a soft economic landing and the magnitude of interest rate cuts priced in by traders. "The valuations of stocks that have perceived certainty and quality has gone beyond any fundamental ...

Federal Reserve rate cuts beckon

ANDREW MCKEAN  |  MONDAY, 16 SEP 2024
The US Federal Reserve is widely tipped to fire the starting gun on its first rate cutting cycle in years; here's what top economists see unfolding. AMP deputy chief economist Diana Mousina said some people believe the Fed is behind the curve and that ...

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
ASIC is updating the default rate of nominal wage inflation in its relief instrument, which will affect those who provide superannuation forecasts. The default rate of nominal wage inflation will decrease from 4% p.a. to 3.7% p.a. in ASIC (Superannuation ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
Many recipients of the Age Pension will pay more for aged care under proposed reforms to how the sector is funded, with wealthier Australians to cover more of the costs they incur from July 2025. With the nation's annual aged care expenses predicted ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... contributing to the recovery as global demand rises." The Eurozone's labour market remains resilient, with the unemployment rate broadly unchanged in July at 6.4%. Amundi Investment Institute head of developed markets strategy research Guy Stear expects ...

Aussie super funds climb ranks, government funds slide

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
... largest pension funds in the world saw their assets grow 12% during the last year. These funds have a compound annual growth rate for the last five years of 5.4%, compared to 4.7% for the entire top 300. "As fund scale and complexity in the investment ...

RBA lays down the law on interest rates

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
... Anika Foundation Fundraising Lunch, Bullock said the board is sticking to its guns that there will be no near-term interest rate cut. "The board's message following its meeting only a few weeks ago was that it is premature to be thinking about rate cuts," ...