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| | | ... able to access the ERS scheme if they transfer their funds to an Australian super fund. "New Zealand KiwiSaver accounts are not eligible. However, KiwiSaver amounts transferred to an Australian super fund are eligible to be withdrawn," the ATO said. ... |
| | | | ... sector has also been transformed and negatively impacted by tax reforms. It has also been hit by capital markets and let's not discount how big companies suspending or savagely reducing dividends will impact the sector." According to Dunnin, long running ... |
| | | | ... nearly 23 million. "April's change in nonfarm payrolls of a staggering 20.5 million was unlike anything experienced before." Not all these positions will return once the pandemic is no longer of concern, he warned, especially in retail, travel and hospitality. ... |
| | | | ... sustainable environmental, social and economic future. "We invest on the basis of a forward-looking evaluation of future returns, not on past performance. We believe that screens put undue precedence on the past activities of a company and penalise companies ... |
| | | | Oil is on track to make a quick and strong recovery despite expectations that a broader recovery is not on the cards for some time, according to State Street Global Markets. Ben Jones, multi-asset class strategist at State Street, said he expects to ... |
| | | | ... responsible entities with an AFSL are required to meet the minimum level of net tangible assets of $150,000. "Ausfunds had not maintained this level of financial resources over two consecutive financial reporting periods, despite reminders from its auditor ... |
| | | | ... investors. Thanks to a new update, Stropro can now provide "comprehensive" reporting on all structured products, including those not bought on the platform. "Investors have been left in the dark for far too long when it comes to structured products," ... |
| | | | ... Indices ESG score in the bottom 25% of its industry globally. PayPal is technically eligible for the index but its ESG score is not high enough to warrant selection. |
| | | | ... its unhedged counterpart QUAL for the month, at about $55 million to $51 million for unhedged. Meanwhile, OOO and BBUS are not available in unhedged versions. The inflows into hedged ETFs may suggest that many local investors are of the view that the ... |
| | | | ... was $7664, with over 93% of payments made within five days. According to the data, 72% of all payments have been made from not-for-profit funds, while the remaining 28% from retail funds. Prime Minister Scott Morrison told parliament on Friday last week ... |
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