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Showing 701 - 710 of 4001 results for "Cut"

Stephen Jones admits to anti-life insurance bias

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
At the Association of Financial Advisers annual conference, shadow minister for financial services Stephen Jones outlined Labor's vision for financial advice and admitted to apprehension on life insurance. Jones said, referring to the ASIC review ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... across the nation in containing the COVID-19 outbreak; and the expectation that the Reserve Bank Board is likely to further cut interest rates at its next meeting on November 3." In three words, that's money, money, money. Fiscal money, amounting ...

Release the Retirement Income Review: Labor

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... Treasurer are keen to promote unlikely allies - large charities and a few left-leaning economists - in its ideological campaign to cut superannuation. What they won't tell you is that these groups at the same time are calling on the government to increase ...

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
The People's Bank of China (PBOC) cut the foreign exchange risk reserve ratio for forward contracts to 0% from 20% over the weekend, effectively giving its blessing to currency traders to "get shorty". The PBOC imposed the 20% risk reserve ratio ...

BT cuts fees, premiums for super members

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
From October 1, most BT Super members will pay less in admin fees and insurance premiums - except those with a balance less than $17,000 who will see a rise in admin fees. "At BT, we've been working to simplify and enhance the products we offer to ensure ...

Women focus in Labor budget reply

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
Labor leader Anthony Albanese has put the spotlight on childcare, aged care and social housing when delivering his budget reply speech. Delivering his response, Albanese said Treasurer Josh Frydenberg's budget has left Australians behind. "Our economy ...

AMP Capital included in UNPRI Leaders Group

ALLY SELBY  |  THURSDAY, 8 OCT 2020
... having an asset under management above US$250 billion. Less than 1% of signatories with an AUM below US$10 billion made the cut. UNPRI said signatories in the Leaders' Group all have well-developed processes for reporting on climate-related practices ...

Effects of ERS not so bad: Grattan

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... that needed it. "The JobKeeper scheme was also important, but for those higher income earners it was still a significant pay cut and so some people chose to top up via superannuation," Woods said. "I think there was a role for it and considering the ...

Chief economist update: Splish splash, budget cash

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2020
"Money, money, money Always sunny..." -ABBA Money, in Aussie dollar terms, amounts to "$98 billion in response and recovery support, including $25 billion under the COVID-19 Response Package and $74 billion under the JobMaker Plan" the Federal Treasury ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
The financial services industry and business community in Australia has responded in a generally positive manner to the government's 2020-2021 budget, but the super sector is so far cautious in its response. Australian Institute of Superannuation Trustees ...