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Showing 831 - 840 of 2469 results for "Budget"

Chief economist update: Wisdom of the crowd

BENJAMIN ONG | MONDAY, 21 MAY 2018

... 3% (3.07%) at the close of last week's trading didn't help. The rationales came in fast and thick: increasing US budget deficit; reduced Fed purchases (on QE unwind); and, of course, Fed rate hikes. What's wrong with that? A strengthening ...

Retirement income paper open for consultation

KANIKA SOOD | FRIDAY, 18 MAY 2018

... in the Superannuation Industry Supervision Act 1993. The SIS Act already has covenants on insurance and investment. On Budget night, Treasurer Scott Morrison flagged the upcoming release of the retirement covenant paper that opened for consultation yesterday. ...

Chief economist update: Stuck in the very slow lane

BENJAMIN ONG | WEDNESDAY, 16 MAY 2018

... calculations show that the wage price index has to grow by 0.18% in the June quarter (1.68% year-on-year) to match the Budget 2018/19 forecast of 2.25% growth. The tax cuts embedded in the Budget should also provide some tailwind behind household consumption ...

Link Group names Fund Solutions chief

ALEX BURKE | TUESDAY, 15 MAY 2018

... also provided a market update as to the potential effects of the superannuation legislative changes outlined in the 2018 Budget, saying that if the sweep date were 30 April 2018, the estimated revenue impact to Link would be about $55 million. As this ...

Only 17pct of Aussie families seek advice: St.George

HARRISON WORLEY | TUESDAY, 15 MAY 2018

... Australian households seek financial advice. The bank's research also said 70% of parents taught themselves how to budget, however 43% did say there was some prior learning from their parents. A quarter of the 1500 surveyed Australian parents said ...

Chief economist update: All Ords rising

BENJAMIN ONG | TUESDAY, 15 MAY 2018

... with the underemployment rate, the risk is for slightly weaker growth. The promised reduction in taxes announced in the Budget has already changed sentiment a lot as evidenced by the Fairfax/Ipsos poll conducted on 9-12 May 2018. Its survey of 1200 respondents ...

Budget measures to drive up super costs

ALEX BURKE | MONDAY, 14 MAY 2018

The removal of exit fees and caps on passive fees charged by superannuation funds announced in this year's Budget may have unintended consequences. As per Treasurer Scott Morrison's speech, the Government will introduce a 3% annual cap on passive fees ...

Mental health to transform life insurance: ANZ Wealth

KARREN VERGARA | FRIDAY, 11 MAY 2018

... with mental health conditions and lumps all mental health conditions together as a homogenous group," it read. This week's Budget unveiled an $82.5 million package to improve access to mental health services; $20 million to support older Australians ...

Link Group loses $15bn industry fund mandate

ALEX BURKE | THURSDAY, 10 MAY 2018

As part of its discussions about how the Budget's superannuation reforms will affect business, Link Group said its contract with a $15 billion industry fund will not be renewed. The mandate with CareSuper represents about 1% of Link Group's pro-forma ...

Chief economist update: We're headed for surplus (if assumptions hold)

BENJAMIN ONG | WEDNESDAY, 9 MAY 2018

... try. The media - radio, TV, print, social - is full of it. Reports, assessments, and implications of Australia's Federal Budget 2018-19. There's the usual flood of "Budget winners and losers" and the "what's in it for you?" stories. Financial Standard's ...

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Mercer Super chief executive steps down

RIDDHIMA TALWANI | 12:01PM

Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI | 11:30AM

The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI | 12:13PM

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI | 11:50AM

Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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