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Showing 811 - 820 of 2104 results for "Funding"

Chief economist update: S&P raises Duterte ratings

BENJAMIN ONG  |  WEDNESDAY, 1 MAY 2019
... particular the government's Comprehensive Tax Reform Program as an effective measure... to keep finances sustainable while funding the government's "aggressive" infrastructure spending." The country's unemployment rate has drifted down from ...

Retirees to fall short: Research

HARRISON WORLEY  |  MONDAY, 29 APR 2019
... trying to achieve this and is having some success but total savings (including super) are still falling well short of funding those currently intending to retire. "A contributing factor to savings falling short of desirable levels has been a reduction ...

Superannuation mergers strike oligopoly fears

KARREN VERGARA  |  TUESDAY, 23 APR 2019
... industry will become an oligopoly like the banking sector is being fuelled by the regulators' new powers and increased funding, specifically aimed at forcing underperforming funds to merge or shut down. Of the $400 million ASIC received in the 2019-20 ...

Industry welcomes tax cuts and surplus

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... $100 billon boost (18%), the voluntary superannuation contribution changes (12%), and APRA and ASIC (8%) being given more funding. Federal Treasurer Josh Frydenberg delivered the 2019-20 Budget on April 9 and received mixed reactions from the financial ...

Retirement funder partners with ME Bank

KARREN VERGARA  |  FRIDAY, 12 APR 2019
Specialist retirement funding provider Household Capital has partnered with industry super fund-owned ME Bank to establish a $100 million wholesale debt facility. The facility is designed to meet the unmet financial needs of retirees who plan to continue ...

APRA to boost staff numbers

HARRISON WORLEY  |  FRIDAY, 12 APR 2019
APRA has confirmed it will hire around 100 more permanent staff after its funding boost. In a planned statement to the Senate Economics Legislation Committee, APRA chair Wayne Byres revealed the prudential regulator is looking to hire 100 more permanent ...

Transparency key to ESG advice success

ELIZABETH MCARTHUR  |  THURSDAY, 11 APR 2019
... disclosure by super funds is preventing Australians from knowing exactly where they are invested and what activities they are funding through their superannuation and other investments." In response, Australian Ethical has announced the launch of a public ...

Colonial acquisition cost CBA shareholders $53bn: Merlon

KANIKA SOOD  |  TUESDAY, 9 APR 2019
... $53 billion in opportunity is derived from the historic costs of $9 billion in equity capital issued, $2 billion in cash funding and $9 billion in post-acquisition earnings and $7 billion in current value of businesses. "Taking into account qualitative ...

AMP, Griffith University support professionalism

ELIZABETH MCARTHUR  |  FRIDAY, 5 APR 2019
AMP is funding a financial advice research fellowship with the aim of raising professional standards in the advice industry. The new research fellowship and scholarship program is in partnership with Griffith University's Business School. As part of ...

Superannuation Consumer Advocate proposal needs work

KARREN VERGARA  |  THURSDAY, 4 APR 2019
The Federal Government's plan to launch a superannuation consumer advocate body requires more funding and a long-term commitment from the industry and political parties, according to consumer groups. CHOICE and the Superannuation Consumers' ...