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Showing 51 - 60 of 146 results for "Ditch"

Westpac sells life insurance unit

KARREN VERGARA  |  MONDAY, 9 AUG 2021
Westpac has agreed to offload its life insurance business to TAL Dai-ichi Life Australia for about $900 million. Westpac is due to make a $1.3 billion post-tax loss from the sale. The cash consideration of $900 million includes ongoing payments to Westpac ...

WTW names local head of investments

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
Willis Towers Watson appointed a new lead for its investments team in Australia as the incumbent moves to client consulting. From August 1, Aongus O'Gorman will lead the Australian investments team, succeeding Martin Goss, who has been in the role ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... on regulated financial institutions, the government said. Even Kiwis, or at least those now living and working across the ditch are set to benefit, with the government committing $11 million over the coming four years and $1 million per year thereafter ...

BetaShares opens NZ office, makes hire

ANNABELLE DICKSON  |  WEDNESDAY, 5 MAY 2021
... office in Auckland, New Zealand and has appointed a director to manage its adviser and institutional business across the ditch. The exchange-traded fund provider has established its first office in Auckland, New Zealand and has appointed a director to ...

How advisers can capture young risk clients

KARREN VERGARA  |  WEDNESDAY, 14 APR 2021
... in clear terms and product descriptions written in plain English that cuts straight to the point. Advisers must therefore ditch industry jargon where possible. Integrity Life managing director and chief executive Sean McCormack said risk advice has never ...

Age pension spending to rise: ISA

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... Warner suggested the Age Pension would have to make up for the superannuation guarantee not increasing. "Plans to either ditch the increase or make the legislated increases opt-in would increase taxes and leave taxpayers on the hook for tens of billions ...

NSW pocketed $10bn from ERS

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
More than one million New South Wales residents took advantage of the early release of superannuation scheme, withdrawing $10 billion, new analysis shows. Industry Super Australia looked at the popularity of the ER S scheme across suburbs and found ...

Land tax favourable over stamp duty: Survey

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
An annual land tax is a preferable replacement for stamp duty, according to a survey by Finder. Of the 40 experts and economists surveyed by Finder found nine in 10 were in favour of the proposed ditching of stamp duty. In November, the NSW state government ...

Wages will not rise from SG cut: ISA

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
Industry Super Australia has hit out at arguments that wages will increase if the planned superannuation guarantee rise is delayed. ISA said the evidence that ditching the SG rise will not help wages can be seen from the last time it was cut in 2014. ...

No evidence lower SG will result in higher wages: ACTU summit

ELIZA BAVIN  |  MONDAY, 28 SEP 2020
The Morrison government has been labelled cruel for considering postponing the legislated rise to the superannuation guarantee by those speaking at the ACTU Emergency Super Summit. Executive director at Per Capita, Emma Dawson said indication that a ...