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Showing 861 - 870 of 2430 results for "Combined"

Super consolidation to slash 60% of funds

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... environment and the retirement outcomes of all Australians." According to the firm, the momentum of consolidation, when combined with the system's maturity and growth will see a "distinctly different" landscape emerge over the coming years, which KPMG ...

COVID-19 deepens life insurer losses

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... somewhat offset by the release of reserves, which fell by 78.1% in the 12 months to March 2020." Risk products reported a combined net loss after tax of $191.3 million in March quarter. For the full year ending March, their NPAT was -$1.6 billion compared ...

Wage growth, not wage cuts

ALLY SELBY  |  FRIDAY, 29 MAY 2020
... similar decline in the growth of GDP," Keating said. This is because productivity, population and workforce participation combined were growing strongly, he said. "Their thinking was that if wage growth wasn't climbing as expected, that was mainly due ...

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... grows in the months to come, that will have an additional negative impact on funds and their cashflows. All these forces combined means the superannuation industry needs to act now."

Chief economist update: Australia needs China more than it needs us

BENJAMIN ONG  |  FRIDAY, 22 MAY 2020
... roughly equates to what Australia sells to Japan (16.4%), South Korea (7.0%), India (4.9%), US (3.8%), and Singapore (2.9%) combined. Australian exports account for around 20% of the country's GDP. If my maths serves me right, exports to China is ...

COVID-19 recovery plans must heed climate science

KANIKA SOOD  |  WEDNESDAY, 20 MAY 2020
... their COVID-19 recovery plans. UN Global Compact includes 155 companies that employ over five million people and have a combined market cap of $3.7 trillion. Its Australian network is asking the federal government to incorporate tougher action on carbon ...

Australia facing largest ever GDP fall

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
... would be the largest contraction in GDP in Australia's history. "At $50 billion, this is a loss equivalent to the total combined quarterly production of South Australia, Tasmania, the Northern Territory and the ACT," Frydenberg said. "Treasury is forecasting ...

New Future Fund chief executive

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... driving the development and implementation of its investment strategy," Costello said. "His knowledge of the organisation, combined with his global perspective on institutional investment, make him an outstanding leader for the Future Fund." Arndt will ...

No change of mind for ERS

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
... provide, the ATO will revoke the first determination and issue a new determination. The new determination will then be combined with the first determination, and together will not be greater than the $10,000 limit. "That is, the amount approved in the ...

Aussie banks battered by pandemic

ALLY SELBY  |  TUESDAY, 5 MAY 2020
... compared to the same time last year. According to EY analysis of Australia's big four banks' half year results, combined cash earnings were down $14.5 billion or 42.6% from the comparative period. There has also been a significant increase in ...