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Showing 661 - 670 of 3715 results for "Though"

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... net asset growth as members roll their benefits in, with a ratio of 0.25%. Assets in small and medium funds are declining though, with members rolling out, causing a negative median net rollover ratio. However, five small RSEs again exceeded 10%. Overall ...

Millions to receive tax offset

TOM WATSON  |  TUESDAY, 29 MAR 2022
... financial year. The government has made its intention to push ahead with its broader tax reform agenda from 2024 clear though. "Under the cuts, the 37% tax bracket will be abolished, the top 45% bracket will start from $200,000 and the 32.5% rate will ...

Cash bonus and fuel excise cut

TOM WATSON  |  TUESDAY, 29 MAR 2022
... middle income tax offset - which is also known as the 'lamington' tax offset - beyond the current financial year though, meaning that millions of workers could be in for a tax hike from July 2023.

Budget targets home ownership rates

TOM WATSON  |  TUESDAY, 29 MAR 2022
... The initiative also allows low deposit buyers to purchase a home without the added expense of lenders mortgage insurance, though eligible single parents are able to purchase with a deposit as low as 2% of the property price. While these schemes are intended ...

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... critical global challenge of climate change. Technology, not taxes, will get us there," he said. In other environmental areas though, the government was more willing to splash the cash. It will allocate $1 billion to Great Barrier Reef marine science ...

Budget aims to please women

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... substantially improve the Paid Parental Leave scheme," she said. The government has also committed to spending on child care, though it did not specifically increase the child care subsidy as some expected. The budget allocates $19.4 million for additional ...

PGIM hires head of wealth

JAMIE WILLIAMSON  |  TUESDAY, 29 MAR 2022
The former head of wholesale sales at Macquarie Asset Management in Australia has taken on the newly created role at PGIM as it looks to expand its offering. Benjamin Price is now managing director, head of Australian wealth for PGIM, based in Sydney. ...

Practice valuations to normalise: Report

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
... downs; low or no bad debts; little working capital; low or no plant equipment; and no stock required. There is one caveat though, Centurion said. "That said, while the industry has usually had favourable financing terms, including 10-year principal and ...

Experienced advisers in education limbo

KARREN VERGARA  |  MONDAY, 21 MAR 2022
Experienced financial advisers that have yet to gain a bachelor's degree or equivalent are caught in the middle of a political maelstrom promising an easier education pathway. With both major parties announcing significant changes to adviser qualifications ...

Macquarie AM, Mirova seal distribution deal

JAMIE WILLIAMSON  |  MONDAY, 14 MAR 2022
To meet growing demand for sustainable investment options, Mirova is partnering with Macquarie Asset Management. The partnership will see the Mirova Global Sustainable Equity Fund distributed via the Macquarie Professional Series, expanding Mirova's ...