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Showing 8521 - 8530 of 14214 results for "Interest"

Cormann commits to change in face of Labor moratorium

MARK SMITH  |  THURSDAY, 1 AUG 2013
... superannuation by implementing relevant Cooper Review recommendations, particularly in relation to better managing conflicts of interest. Thirdly, Cormann said he would move to address the issue of excess contributions to make sure that Australians that ...

Senior CBA exec puts blame on the bank for Storm disaster

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
Senior Commonwealth Bank (CBA) executive Ian Bailey declared that the bank's retail division had a role in the collapse of Storm Capital in January 2009. A document detailing an examination to Bailey by the Australian Securities and Investments Commission ...

ATO clarifies when a pension ceases

STAFF WRITERS  |  THURSDAY, 1 AUG 2013
... stream is payable and taxable. The Ruling, known as ruling 2013/5, considers the case where a member with an accumulation interest in a taxed complying superannuation fund commences a superannuation income stream on or after 1 July 2007 that meets the ...

Smokers' cough up

BENJAMIN ONG  |  THURSDAY, 1 AUG 2013

Market Wrap PM

AAP  |  WEDNESDAY, 31 JUL 2013
Australian stocks are higher as the market reacts to heightened expectations of an interest rate cut in August. Reserve Bank of Australia Governor Glenn Stevens on Tuesday hinted the central bank cut could cut the cash rate to a record low of 2.5 per ...

Yields above 10% up for grabs in unlisted property

MARK SMITH  |  WEDNESDAY, 31 JUL 2013
Investors happy to forgo some liquidity can earn a yield as high as 10.5% in the unlisted property space. Specialist property investor Folkestone has been targeting real estate-backed social infrastructure such as early learning centres, police stations ...

India's triple dilemma

BENJAMIN ONG  |  WEDNESDAY, 31 JUL 2013
... decision yesterday to keep the repo and reverse rates steady at 7.25% and 6.25%, respectively. Read: the RBI did not raise interest rates. Yup, you read that right. Markets expected the RBI to raise interest rates to prevent the currency from dropping. ...

Implemented Portfolios launches 'unique' super IMA

JAMES FERNYHOUGH  |  TUESDAY, 30 JUL 2013

Fidelity joins Calastone's automated funds transaction network

MARK SMITH  |  TUESDAY, 30 JUL 2013
... director Shannon Sweeney said the industry had long recognised the risks involved in manual processing. "There is a genuine interest and engagement to remove these risks and issues," she said. "These manual risky processes can result in inaccuracy in ...

Balanced funds ill-suited for fixed income blow-up

MARK SMITH  |  TUESDAY, 30 JUL 2013
... chairman Ben Bernanke's recent comments that tapering may end early 2014, but Fletcher said that the Federal Reserve interest rate hikes are tied to the unemployment rate falling toward 6.5%, which is not expected until 2015 Nevertheless, he says that ...