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Showing 51 - 60 of 372 results for "Taper"

Housing values continue to slide

ANNABELLE DICKSON | MONDAY, 3 AUG 2020

... only non-capital city markets to record a fall in values over the month. But with the government's fiscal support set to taper from October and repayment holidays expiring at the end of March next year, Lawless believes the medium term outlook remains ...

Financial comfort reliant on fiscal support: ME Bank

ANNABELLE DICKSON | THURSDAY, 30 JUL 2020

Australian household financial comfort increased to near record highs throughout the pandemic as a result of government fiscal stimulus measures, according to ME Bank's latest Household Financial Comfort Report. Household financial comfort increased ...

JobKeeper, JobSeeker to be extended

ELIZA BAVIN | TUESDAY, 21 JUL 2020

... measures, they were always going to be temporary and I think Aussies understand that," Morrison said. "We always said it would taper back and scale down, they are not enduring and they are not permanent, they were never designed to be permanent." This ...

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR | FRIDAY, 17 JUL 2020

The government's announcement of the new JobTrainer package was met with calls to extend the existing JobSeeker and JobKeeper measures as devastating unemployment numbers were released. Unemployment has now hit 7.4%, the highest it has been in two decades ...

HESTA asks Retirement Income Review to consider ERS

KANIKA SOOD | FRIDAY, 19 JUN 2020

... is renewing its call for the Panel to review eight measures: Superannuation guarantee go up to 12% as soon as possible, taper rates be reviewed, superannuation splitting when relationships collapse be improved, superannuation be paid on Commonwealth ...

Taper rates need revamp

KANIKA SOOD | THURSDAY, 4 JUN 2020

A new paper published by Actuaries Institute says current taper rates may be encouraging middle-income earners to spend their retirement savings too quickly and live on the Age Pension alone. People with $300,000 to $800,000 in retirement savings could ...

How early release impacts the ASX

ALLY SELBY | THURSDAY, 7 MAY 2020

With more than one million people applying for the government's early release scheme, questions surrounding super fund ownership in equity markets have come to the fore. The government's scheme will so far put at least a $9 billion strain on Australia's ...

ISA reaffirms stance on super guarantee

ELIZA BAVIN | TUESDAY, 4 FEB 2020

... to meet performance benchmarks or be removed from the system by APRA, expanding workplace award coverage and lowering the taper rate to $2 to remove a disincentive to save for middle income earners. It also recommended examining tax concessions, increasing ...

Australia climbs up Mercer global pension index

HARRISON WORLEY | MONDAY, 21 OCT 2019

... requirements, some income focus on the system, that would improve the score." The report also called for the assets test taper to reduce from $3 to $2.25 per fortnight in an effort to improve adequacy for Australian retirees and lift the score. Mercer ...

Chief economist update: When QE is not QE

BENJAMIN ONG | MONDAY, 14 OCT 2019

If it walks like a duck and quacks like a duck, is it a duck? It is not, according to the US Federal Reserve. On October 11, the Fed issued a press release explaining its plan to buy Treasury bills at "an initial pace of approximately $60 billion per ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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