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Showing 671 - 680 of 5656 results for "EARN"

Labor cracks down on unpaid super

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
The federal government is clamping down on unpaid super, requiring employers to align the payment frequency of the Superannuation Guarantee (SG) with wages. Federal budget documents revealed that the government will proceed with its earlier decision ...

HESTA revamps insurance offering

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2023
... computer analyst and doctor. The second eligibility criteria requires them to meet a series of sub-criteria, including that they earn over $100,000 a year full-time; their duties are limited to professional or managerial tasks and 80% of them are done ...

ASX expands partnership program criteria

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
... Yieldbroker is currently being courted by US platform Tradeweb Markets. The sale is worth $125 million and the ASX will potentially earn $55 million. An earlier version of this article stated that the Partnership Program was delayed.

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
From 1 July 2026 employers will be required to pay their employees' super at the same time as their salary and wages. By transitioning to payday super, the government aims to tackle the average annual $4.7 billion of unpaid super. Unpaid super has ...

Wealth inequality divides Australia: Research

KARREN VERGARA  |  TUESDAY, 2 MAY 2023
... suggests that wealth inequality in Australia is substantially higher than ever as the rich have 230 times more in net assets and earn six times more in disposable income than those at the other end of spectrum. The research found that the drivers of ...

MA Financial acquires US credit manager

CHLOE WALKER  |  TUESDAY, 2 MAY 2023
The listed fund manager is entering the US credit market through a buyout of New York asset manager Blue Elephant Capital Management (Blue Elephant). MA Financial is paying about $7.5 million for Blue Elephant, which was founded in 2013 and manages ...

ASX red alert: Soaring negative cash flows raise concerns

ANDREW MCKEAN  |  MONDAY, 1 MAY 2023
Research by Plato Investment Management found 28% of ASX-listed companies have negative cash flow - more than any nation in the MSCI World index. Plato's head of long short strategies David Allen warned of the prevalence of negative operating cash ...

Morningstar downgrades PIMCO, Vanguard funds

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... Finally, the Vanguard Diversified Bond Index Fund is now Bronze, down from Silver. "Vanguard Diversified Bond Index continues to earn our vote of confidence as an all-around bond option, though its limited scope to deliver positive alpha against our ...

Insignia reports advice outflows, adviser losses

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
Insignia Financial will undertake a rebrand of sorts within its financial advice business in a bid to improve understanding of its various advice channels. It comes as it reports nearly $500 million in outflows for the Advised channel and further adviser ...

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
To avoid disincentivising Australians saving more for retirement, the Financial Advice Association Australia (FAAA) urges the federal government to decrease the proposed 30% tax rate for superannuation balances that exceed $3 million. This is in response ...