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Showing 691 - 700 of 3289 results for "Above"

Australia bottoms out on fund disclosure

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
... Infrastructure, Fidelity International and Vanguard, to name a few," Kennaway said. The research house used a grading scale of top, above average, average, below average and bottom and measured countries based on simplified and non-simplified prospectus ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... the best read since April 2018. The NAB survey also showed business conditions jumped to a 20-month high reading of +9, above the long-run average of +6. Improved consumer and business confidence would set off a virtuous circle of increased household ...

New fund to invest in AI companies

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... stages. The return target is set at 10-12% per year IRR after fees but before tax. Fees as 1.65% p.a. in base fees and 20% above a 7% hurdle in performance fees. The firm is pitching it to sophisticated and family office market, with minimum investment ...

IOOF ups costs for self-employed advisers

ELIZA BAVIN  |  TUESDAY, 1 DEC 2020
... the opportunity to run 300 professional-services authorised representatives in the owner-operated space generating EBITs above 30%," he said.

APRA takes action against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 1 DEC 2020
... risk management framework, ensuring accurate calculation of the LCR and NSFR1. While Westpac's LCR and NSFR are comfortably above regulatory minimums, APRA's actions reflect how seriously we view breaches of our prudential requirements," APRA deputy ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... most recent Standing Committee on Economics into super heard instances of ticket clipping and maximising the bottom line above putting the interests of members first. Deputy chair and MP Andrew Leigh broached the notion: "How does a for-profit fund adhere ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... October for its seventh consecutive month of year-on-year expansion. At US$123.35 per tonne, the price of iron ore is way above the Australian Federal Treasury's forecast. In its Mid-Year Economic and Fiscal Outlook (MYEFO) handed down in October ...

Super tax structure less progressive: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... tax advantage through Division 239 in which those with incomes over $250,000 receive a 17% tax concession on contributions above the threshold. For those whose income is below the effective tax-free threshold of $21,884, the low income super tax offset ...

New approach needed for Age Pension: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... earners. The report found measures suggest the Age Pension has kept pace with community standard with the base rate is about 4% above the wages benchmark. "For many retirees, the Age Pension provides a higher level of income than they received during ...

SG verdict: Choose your own adventure

KANIKA SOOD  |  FRIDAY, 20 NOV 2020
... he/she will also be more likely to make voluntary contributions, and pay lower taxes and fees. "The degree to which the above factors offset the forgone superannuation contributions would vary by income level. They are estimated to offset almost two-thirds ...