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Showing 881 - 890 of 9233 results for "Benefit"

Australians living through protracted period of economic misery: CEDA

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
... different people in different ways. "Those fortunate enough to own their homes outright or have large savings in the bank will benefit from higher interest rates. But high inflation disproportionately hurts those on lower and fixed incomes with less ...

Early release of super scammer sent to prison

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
... community that we do bring those who exploit the tax and super system to account, particularly those who encourage and then benefit from others committing offences. We have robust systems in place that stop this sort of crime."

Super for housing debate heats up

ANDREW MCKEAN  |  MONDAY, 23 SEP 2024
... supply fails to keep up with demand. At the report's launch, Eslake said a super for housing scheme would provide little benefit to 'traditional' first home buyers (aged 25-34) as their superannuation balances are typically too low for withdrawing an ...

ESSSuper ups admin fee cap

KARREN VERGARA  |  MONDAY, 23 SEP 2024
ESSSuper Income Stream members will see a 33% increase in their administration fee cap due to higher costs borne by the superannuation fund. From November 1, the super fund will increase its annual administration fee cap for Income Stream accounts from ...

GAM Investments loses local lead

ELIZABETH FRY  |  FRIDAY, 20 SEP 2024
Alex Zaika, the local head of GAM Investments, has resigned from his role at the Switzerland-based asset manager to join another firm. It is understood that the global asset manager is currently searching for Zaika's replacement. Zaika, who joined ...

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... demand for housing," he said. "In practice, the scheme proposed by the Liberal and National Parties would be of little benefit to people in the 'traditional' first-home buyer age cohort of 25-34 years, because their accumulated superannuation ...

RBA doubling down on wholesale CBDC

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
... -exchange settlement account balances (ESA). ESAs, which are only available to select financial institution, can also benefit from the development of a wholesale CBDC. "This could allow for greater functionality than is possible with today's ESAs... ...

Advisers reveal hurdles preventing SMA adoption

ELIZA BAVIN  |  THURSDAY, 19 SEP 2024
State Street Global Advisors (SSGA) head of model portfolios EMEA and APAC Kathleen Gallagher revealed the main concerns financial advisers have with employing managed accounts in their business, at the 2024 Financial Standard Managed Accounts Forum. ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... employees' super with every pay cycle, as opposed to quarterly. Treasury estimates some 8.9 million employees will benefit from higher retirement savings as a result; Super Members Council estimates show the average affected worker misses out on ...

TelstraSuper picks Equip for merger partner

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... combined strengths in member and employer servicing, investments and tailored corporate arrangements, including defined benefit plans." "The merged fund will retain strong connections to its heritage industries and connected communities, particularly ...