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Showing 71 - 80 of 5673 results for "Cash"

BT signposts key issues for advisers in 2024

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
... this may be attributed to the escalated cost of living, prompting retirees to seek ways to boost their savings of increase cash flow. Another potential reason is this strategy has become accessible to more Australians, with the eligibility age reduced ...

NAB, Jarden to launch NZ wealth business

CHLOE WALKER  |  THURSDAY, 14 DEC 2023
... with Jarden and Harbour Asset Management. According to the proposed transaction, NAB and Jarden Wealth will each receive a cash payment and retain a shareholding of 45% and 20%, respectively. Meantime, Pacific Equity Partners (PEP) will acquire a 35% ...

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... government has identified $49.6 billion in savings, leading to a cumulative improvement of $211.4 billion in the underlying cash balance over the next five years. Minister for finance Katy Gallagher noted the government's fiscal strategy, which has ...

Federal Court approves BT Super $30m settlement

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
... Life Insurance Services (WLIS) allegedly failed to manage conflicts of interest when investing BT Super member money in a cash option. Last week, Justice Murphy determined that the amount was "fair and reasonable" after Westpac agreed to settle the class ...

Betashares launches 'industry first' bond funds

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
... exposure in their portfolios; particularly those comfortable with the heightened risks associated with geared investments. Cash and fixed income investing has notably gained traction among Australian ETF investors this year, with the asset class attracting ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... incomes, leading to weak household consumption and dwelling investments. She further explained that maintaining the current cash rate is necessary to evaluate the impact of the interest rate increases on demand, inflation, and the labour market. "The ...

Qantas Super takes merger plans to new heights

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2023
... our members would likely be better served by being part of a larger super fund with a broader membership and a healthier cash flow profile." The 84-year-old fund currently has just over 26,000 members. Its ability to gain members suffered in recent years ...

Ultra-low fees define basic ETPs

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... equities, which posted an asset-weighted total cost of ownership of 0.18%, spanning a range of 0.14% to 0.4%. The cost profile of cash ETPs aligned closely with that of international equities, but a key distinction lies in their respective buy/sell spreads ...

HNWs require specialist expertise: Report

CHLOE WALKER  |  TUESDAY, 5 DEC 2023
... protection advice, business succession planning, private banking and commercial finance, trustee services, tax planning, cash flow planning, and debt management. "HNW clients aren't looking for an adviser to 'hand them off' to other experts, nor do they ...

Payday super timing, deliberate: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 5 DEC 2023
... with payroll to super funds." He explained that some employers will always see superannuation contributions as a bit of a cash flow balancing item; however, the reform will lessen liabilities. "When the government released the consultation paper, they ...