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Showing 681 - 690 of 5656 results for "EARN"

Superannuation changes limit tax benefits for top earners: ASFA

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
According to an ASFA report, the government's proposed superannuation changes will improve equity by curbing tax benefits for high-income earners. The introduction of higher taxation for balances exceeding $3 million is projected to lead to a 9.5% ...

MA Financial buys marinas, launches fund

CHLOE WALKER  |  THURSDAY, 20 APR 2023
The $225 million purchase of d'Albora marina off Balmain Corporation (Balmain) has seeded a new fund for MA Financial, the MA Marina Fund. d'Albora is Australia's largest marina network consisting of 10 marinas located across Australia's eastern seaboard. ...

Women growing super faster than men: Research

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
... The gap has effectively reduced from 8.6% to 3.9% points. In terms of income, women with superannuation and currently work earn on average $72,000, compared to men who make $95,300 per annum. Female workers from all age groups have much lower average ...

Apple dives deeper into financial services

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
Apple and Goldman Sachs have launched their long-awaited high-yield savings account in the US which offers 4.15% interest rates. The account, which boasts a rate that's 10 times the US national average, is the latest move in a string of tech giants ...

Princeton endowment fund chief to retire

CHLOE WALKER  |  MONDAY, 17 APR 2023
Princeton University Investment Company (PRINCO) president Andrew Golden has announced his retirement after close to three decades in the top job, during which the university's endowment has grown tenfold. Since joining in 1995, Golden has contributed ...

Regal names investment director

KARREN VERGARA  |  FRIDAY, 14 APR 2023
... space in Australia is continuing to grow, providing sophisticated investors with increasingly attractive opportunities to earn attractive, uncorrelated, risk-adjusted returns," he said. In January 2023, Regal received a $200 million commitment from a ...

Top 10% pocket 93% of Australia's wealth: Research

CHLOE WALKER  |  WEDNESDAY, 12 APR 2023
New data from the Australia Institute indicates middle-income earners receive just 7% of economic growth per person since 2009, while the top 10% keep getting richer. The data, taken from the World Inequality Database (WID) that shows real national ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
These are just some of the recommendations from Grattan Institute ahead of the federal budget, which also include counting more of the family home in the aged pension assets and residential aged care means tests. With Australia on course for 25 straight ...

ISA renews calls for gig worker super

CHLOE WALKER  |  TUESDAY, 11 APR 2023
Australia's gig workers are missing out on $400 million a year in super contributions, according to the latest report from Industry Super Australia (ISA). The ISA analysis suggests the average gig worker could have up to $29,000 more in their retirement ...

Grattan finds $14bn savings in super tax break overhaul

KARREN VERGARA  |  MONDAY, 3 APR 2023
New research by the Grattan Institute suggests how the government can save up to $13.5 billion annually if superannuation was not geared towards giving high-income earners tax windfalls. The newly released report, Super savings: Practical policies for ...