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Showing 721 - 730 of 2469 results for "Budget"

Chief economist update: Fairy tales can come true

BENJAMIN ONG  |  MONDAY, 20 MAY 2019
... means to Australia. One thing that immediately comes to mind is Australian Federal Treasurer Josh Frydenberg's 2019/20 Budget that predicts a surplus would see the light of day in all its virgin glory. You sexy thing! The elimination of domestic ...

Future Fund crosses $150 billion

KANIKA SOOD  |  MONDAY, 29 APR 2019
... sovereign wealth fund has crossed $150 billion in assets after a strong quarter, as it readies to pitch in to the next Federal budget. The Future Fund returned 5% over the quarter to March end, taking its decade-long performance to 10.4% - 3.9% better ...

New fund administrator enters Australian market

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
A Dublin-based software provider specialising in unit linked investment administration and compliance oversight is entering the Australian market. Financial Risk Solutions first moved into the Asia region in 2018, assisted by its acquisition by Constellation ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 24 APR 2019
... Near 2-Year Low US Retail Sales Post Biggest Gain in 1-1/2 Years US Jobless Claims Drop to Fresh Low since 1969 US March Budget Gap Smaller than Expected What immediately came to my balding head was... will the Fed do a China? Beijing has reverted back ...

Superannuation mergers strike oligopoly fears

KARREN VERGARA  |  TUESDAY, 23 APR 2019
... specifically aimed at forcing underperforming funds to merge or shut down. Of the $400 million ASIC received in the 2019-20 Budget, $69.9 million was allocated to increase its effectiveness as the primary super fund conduct regulator - this includes ...

Chief economist update: China is back on track

BENJAMIN ONG  |  TUESDAY, 23 APR 2019
... release around 800 billion yuan (US$117 billion) of liquidity into the economy. This was followed by fiscal easing measures - budget deficit target raised to 2.8% of GDP this year from 2.6% in 2018; CNY2.0 trillion tax cuts; a 3% cut in the top bracket ...

Chief economist update: China and the spring in its step

BENJAMIN ONG  |  THURSDAY, 18 APR 2019
... release around 800 billion yuan (US$117 billion) of liquidity into the economy. This was followed by fiscal easing measures - budget deficit target raised to 2.8% of GDP this year from 2.6% in 2018; CNY2.0 trillion tax cuts; a 3% cut in the top bracket ...

Industry welcomes tax cuts and surplus

KARREN VERGARA  |  TUESDAY, 16 APR 2019
Personal tax cuts and the $7.1 billion estimated surplus announced were the main highlights of this year's Budget, Financial Standard 's latest straw poll shows. More than a third or 35% of participants highly favoured the tax cut proposals ...

APRA to boost staff numbers

HARRISON WORLEY  |  FRIDAY, 12 APR 2019
... In his statement, the APRA chair said the additional $150 million in funding awarded to the regulator just prior to the budget - when taken with the additional $60 million in funding announced in November last year - would allow APRA build a team larger ...

Financial advice exit a boon for the industry: Poll

KARREN VERGARA  |  MONDAY, 8 APR 2019
... and AFSL holders authorised to give financial product advice. The new poll asks: What was the highlight of the 2019-20 Budget?

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |   12:01PM
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |   11:30AM
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |   12:13PM
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |   11:50AM
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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