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Showing 731 - 740 of 8008 results for "Average"

Aussies happy with compulsory super: Data

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... and gig economy workers into the compulsory superannuation system." The survey follows ISA analysis that suggested the average gig worker, who is not entitled to Super Guarantee contributions, could have up to $29,000 more at retirement. ASFA said 98% ...

Top 10% pocket 93% of Australia's wealth: Research

CHLOE WALKER  |  WEDNESDAY, 12 APR 2023
... nothing", will only make the inequality problem worse. "Soaring energy prices have seen gas and electricity bills increase for average Australians, while super profits form Australia's gas and coal go overseas," he said. "A super profits tax will help ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... assets. Under the current rules, only $224,500 of a home's equity is counted in the pension assets test. However, the average value of an Australian home is $880,000 and national median is $705,000. All equity above $750,000 would be fairer, Grattan ...

ISA renews calls for gig worker super

CHLOE WALKER  |  TUESDAY, 11 APR 2023
... super contributions, according to the latest report from Industry Super Australia (ISA). The ISA analysis suggests the average gig worker could have up to $29,000 more in their retirement nest egg if super was paid to the workforce. The gig economy ...

Lowe reinforces more hikes may come

ANDREW MCKEAN  |  THURSDAY, 6 APR 2023
... forecast, particularly considering banking stresses in the US and Switzerland. Persistently high global inflation and below average worldwide economic growth are also a concern. In Australia, the impact of international banking stresses has been muted ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... loosen, the RBA would choose to pause," he said. A panel of experts canvassed by Finder foresees the cash rate to peak on average at 4%. Most of the panel agreed that it will peak between April and July this year. Graham Cooke, head of consumer research ...

Love affair with managed accounts continues

CHLOE WALKER  |  TUESDAY, 4 APR 2023
... clients best interest obligations." She added that those have used managed accounts for four years or more have larger average client inflows and have larger average client FUA balances, when compared to the more recent users of managed accounts. "One ...

Pay gap bill passes, effective next year

CASSANDRA BALDINI  |  FRIDAY, 31 MAR 2023
... law. "The gender pay gap is a stubborn beast. We've been talking about it for decades, and still, Australian women on average earn 13.3% less than men, the equivalent of working for free from 3.56 pm in a nine-to-five workday," she said. "There's ...

Saxo launches managed portfolios

KARREN VERGARA  |  TUESDAY, 28 MAR 2023
... at a minimum investment of US$10,000 and invest in bonds, stocks, and alternatives ETFs. The portfolios charge 0.95% on average and there are no platform fees, entry, exit or custody fees. Manish Prasad, Saxo Bank's head of Asset Management APAC ...

Risk clients, practices worth more: Radar Results

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
... on risk insurance clients are traditionally 2.2x annualised renewable commission and as high as 2.7x depending on the average client age. Buyers mostly favour businesses that are between 35-55 years old with annual recurring revenue around $500,000 to ...