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Showing 61 - 70 of 372 results for "Taper"

Treasury agreed with Grattan SG modelling

KANIKA SOOD  |  TUESDAY, 24 SEP 2019
... three main recommendations on adequacy of retirement income: SG increase should be scrapped, age pension test asset test taper should be relaxed and maximum rate of Commonwealth Rent Assistance should be increased. A key finding was the budget could ...

Increasing SG costly for middle Australia: Grattan

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
... Commission in 2013. The Australian Institute of Superannuation Trustees head of advocacy Ailsa Goodwin said adjusting the taper rate is critical to the integrity of superannuation and the wider retirement income systems. "We need to restore appropriate ...

Super delivers for the masses: Challenger

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
... earned from their super. For those with balances above $258,500, the harsher assets test kicks in with the 7.8% per annum taper rate." In 2018, only 42% of age eligible retirees were on the full Age Pension - this includes retirees in their 90s who have ...

Labor policies boost superannuation agenda

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... voluntary contributions," the AIST said. However, neither party have made a commitment to address concerns with the Age Pension taper rate, which was "too steep" and denied many retirees with relatively low super balances access to the part Age Pension. ...

SMSFs outshine industry funds for large balances

KARREN VERGARA  |  TUESDAY, 9 APR 2019
Industry superannuation fund satisfaction outranks retail funds in all categories, but failed to beat self-managed super funds when it comes to larger balances. This is according to Roy Morgan's latest Superannuation Satisfaction Report which found ...

Chief economist update: Fed on ice

BENJAMIN ONG  |  THURSDAY, 21 MAR 2019
... the Fed's prediction for a 25 bps interest rate hike in 2020 would be right on target (and perhaps, resume its normal taper operations). Then, financial markets would have to decide what they really want - strong growth and profits with higher interest ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
The University of Michigan's latest update on consumer confidence indicates that there's hope still for household spending. Recall the reported big drop in US retail spending (down 1.2% in the month of December) that I penned is consistent with ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
... respectively" (Factset) on the 9th of the same month. I commented in this space at the time that "...the recent market reaction to taper speculations would instead ensure that the BOJ would continue with its policy "Quantitative and Qualitative Monetary ...

Chief economist update: Where are the BOJ exit speculators now?

BENJAMIN ONG  |  FRIDAY, 23 NOV 2018
... respectively" (Factset) on the 9th of the same month. I commented in this space at the time "...the recent market reaction to taper speculations would instead ensure that the BOJ would continue with its policy "Quantitative and Qualitative Monetary Easing ...

Chief economist update: Thanks for nothing

BENJAMIN ONG  |  WEDNESDAY, 21 NOV 2018
America's Thanksgiving celebration is only two winks away but the way the US equity market is going, investors have nothing to give thanks for. Three of Wall Street's benchmark equity indices are now in the red for the year - S&P 500 down 1.2% ...