Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 671 - 680 of 2469 results for "Budget"

ASIC alters adviser levy

ELIZABETH MCARTHUR  |  FRIDAY, 20 DEC 2019
The Financial Planning Association of Australia head of policy and standards Ben Marshan has pointed out that ASIC has quietly altered the per adviser levy recently. Marshan told Financial Standard that financial advice businesses which have budgeted ...

Google to pay ATO $481.5m

ALLY SELBY  |  THURSDAY, 19 DEC 2019
... Facebook all stated that they have settled their tax disputes with the ATO, raking in a nice $1.25 billion to bolster the budget. "Thanks to the efforts of our ATO officers under the Tax Avoidance Taskforce and the introduction of the Multinational Anti-Avoidance ...

Global fixed income trust launched

ELIZA BAVIN  |  MONDAY, 2 DEC 2019
MFS Investment Management has announced the launch of the MFS Global Opportunistic Fixed Income Trust designed to generate returns from diverse sources of alpha in a variety of market conditions. MFS said the trust takes an integrated research approach ...

Update on FASEA code guidance on the way

ELIZABETH MCARTHUR  |  FRIDAY, 29 NOV 2019
... functions." "We've managed," Glenfield said of FASEA's funding. "It's not a huge regulator with a great big budget but we operate within the bounds of the budget and to date we have demonstrated an ability to put those standards out."

Paraplanners tackle compliance challenges

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 NOV 2019
... compliance areas," Docker said. She pointed out that one of the areas that's often overlooked is the question of what kind of a budget the person has for financial planning, and how that should come into outlining goals. "ASIC is cracking down on this. ...

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
... earlier on June 6, ABC reported that: "Eleven of the 13 believe the Government should abandon its determination to deliver a budget surplus in 2019-20." In trying to look "fiscally responsible", the government is encouraging households to borrow and ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
Profitability in life risk insurance has dropped to the extent that the sector is now loss-making in aggregate, according to KPMG. The global consultant's analysis of the financial results of Australia's life insurers shows the sector made an ...

Chief economist update: Lower iron ore a boon to the Aussie budget

BENJAMIN ONG  |  THURSDAY, 14 NOV 2019
... steady from here has a direct bearing on Australia. Where iron ore prices go directly impacts the domestic economy and the budget. In the Budget Papers 2019-20, the Australian Federal Treasury assumed iron ore prices to fall to US$55/tonne this year ...

Westpac chief believes in financial advice

ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... "red tape" which he said is restricting business investment. Next year, Westpac will spend around half of its investment budget staying on top of regulatory obligations, he said. "In 2020, we expect to spend $800 million on regulatory and risk-related ...

Actuaries develop retiree rule of thumb

HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
... around 65 needs to spend $27,913 to achieve a modest lifestyle. For a comfortable lifestyle, the same retiree would need to budget $40,194. John De Ravin, one of the rule's five authors, said it was difficult for Australians to determine how much of ...