Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 881 - 890 of 3744 results for "Figure"

Three steps and yields stumble

BENJAMIN ONG  |  MONDAY, 15 MAY 2017
... retail spending increased by 0.3% over the month, also less than the expected 0.5% growth. Admittedly, these are one months' figure and the lead from the strong labour market and elevated could see a rebound in the coming months. But the year-on-year ...

SMSFs hit hard by super reform

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... hefty spanner into their contributions strategy and overall wealth plan," the firm said. The report rejects the government figure that less than 1% of super account holders have a total balance of more than $1.6 million. Class found 9.9% of SMSF members ...

Financial advisers should consider bitcoin as an asset class: Dunworth

MICHELLE BALTAZAR  |  MONDAY, 8 MAY 2017
... executive of Silicon Valley-based blockchain outfit Wyre, Michael Dunworth, said for financial advisers who are trying to figure out how the industry will affect their business, there is no better way to do it than to get their feet wet and invest in ...

SMSF rollovers hit $8 billion

DARREN SNYDER  |  MONDAY, 8 MAY 2017
... was contrasted to both public sector and industry super funds which had a lower proportional share of SMSF rollovers (see Figure 1). Year-on-year the analysis indicates some slowdown in SMSF rollovers from the retail sector. In the same period SMSF outflows ...

ATO hits back at claims of inadequacy

EMMA RAPAPORT  |  FRIDAY, 5 MAY 2017
The Australia Taxation Office has hit back at claims by the Senate economics committee that its "inadequate" approach to policing superannuation guarantee payments has exacerbated the growing problem of non-compliance. In a press release issued yesterday ...

ATO blamed for SG non-payment

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
... the issue being raised five years ago. The committee instead had to rely on Industry Super Australia and Cbus' estimated figure of $3.6 billion in employers failing to pay SG contributions between 2013 and 2014. Thirty-two recommendations were put forth ...

Ausbil MicroCap suspends applications and redemptions

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAY 2017
Ausbil's star MicroCap Fund suspended all applications and redemptions following the departure of its portfolio managers. Tony Waters and Chris Prunty left the fund manager last week, citing lifestyle reasons. At the time Ausbil said the MicroCap Fund ...

Government reform to close super gender gap

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2017
Women are facing significant challenges when it comes to saving for retirement and the gender gap won't be relieved without government input. That was the key message shared by Minister for Financial Services and Revenue Kelly O'Dwyer in a video address ...

The CPI report that confirms all biases

BENJAMIN ONG  |  THURSDAY, 27 APR 2017
... pressure on inflation. The recent increase in headline inflation means that real wages growth (using December quarter wages figure) have fallen to a negative 0.3% from an already low, but positive 0.4%. My calculations show that wages have to grow by ...

Super wealth reaches record high

KARREN VERGARA  |  WEDNESDAY, 12 APR 2017
The amount of wealth Australians hold in superannuation is climbing to a record high, according to the latest figures from the Australian Bureau of Statistics. At the end of December 2016, Australians held $2.6 trillion of household net worth in superannuation ...