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Showing 821 - 830 of 11412 results for "Rate"

BitConnect promoter pleads guilty

KARREN VERGARA  |  MONDAY, 20 MAY 2024
The promoter of BitConnect Australia has pleaded guilty for his role in spruiking a fraudulent cryptocurrency scheme. John Bigatton promoted BitConnect, an online cryptocurrency platform that offered a financial product known as the Lending Platform ...

Loomis Sayles brings global bond fund to Australia

ANDREW MCKEAN  |  MONDAY, 20 MAY 2024
Loomis Sayles & Company, an affiliate of Natixis Investment Managers, has launched its Global Bond Fund for Australian wholesale investors. The fund seeks to provide diversified fixed income opportunities by combining macro themes and a bottom-up approach ...

Liberals respond to Federal Budget

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
... highly irresponsible, arguing that the government has exacerbated inflation and incorrectly claimed that any further interest rate increases would be the responsibility of Anthony Albanese and Jim Chalmers. What's the Coalition's plan? Dutton ...

Value versus growth: Market expectations in 2024

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
... driven by a "reset in expectations" regarding interest rates, noting that back in November 2021 the expectation was for three rate hikes in 2022, but the actual increases were much higher: a major adjustment. He said this new reality, where the cost ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
Treasurer Jim Chalmers handed down the Federal Budget last night, delivering its second consecutive surplus as well as a raft of measures to ease the cost-of-living crisis. Despite many of the measures presented in the Budget having been announced prior ...

Budget 2024: Stage 3 tax cuts to take effect July 1

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... income earners will receive more relief than previously promised by the Morrison government. Treasury will reduce the 19% tax rate to 16% and increase the threshold for the 37% tax rate from $120,000 to $135,000. Treasurer Jim Chalmers said the average ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... 2023-24, ensuring more than one million low-income taxpayers continue to be exempt from the Medicare levy or pay a reduced levy rate. The government is also providing $3.5 billion in energy bill relief for all Australian households and around one million ...

Budget 2024: Government heeds industry calls to better support women

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... who currently account for about 95% of those accessing the scheme. It equates to about $106 a week, based on the present rate of PPL of $882.75. It will cost the government some $1.1 billion over the forward estimates, with payments to be made annually ...

Advisers urgently call on Treasury to recognise degrees

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... Conference heard. Addressing the first day of the annual conference this morning, SIAA chief executive Judith Fox said the rate at which advisers are entering and qualifying as professionals needs urgent reformation. "At the end of 2023, the number of ...

Discover the best performing asset class of 2023: Mercer

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
2023 proved to be a great year for investors, with all but one asset class delivering a positive return. International equities (unhedged) led the pack with a positive return of 23.2%, driven by investor enthusiasm for tech and AI-related opportunities. ...