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Showing 71 - 80 of 257 results for "Equate"

Super gender gap widens for NSW women: ISA

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
Women living in New South Wales will retire with $60,000 less superannuation than men. This is according to Industry Super Australia, which found that median balance for women in NSW sits at $48,700, falling behind the national median of $49,300 for ...

Farmland value grows in all states

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
For the first time since 2005, every single state in Australia saw the price of farmland increase. The median price per hectare of Australian farmland increased by 12.9%, with the nation enjoying its seventh consecutive year of farmland value growth. ...

Delay breach reporting law: AFA

KARREN VERGARA  |  FRIDAY, 16 APR 2021
... these will be of a largely administrative nature". One AFA licensee partner, which reported four breaches in 2020, would equate to 198 reports under the new regime. "Their feedback suggests that the exclusion of civil penalty matters for the failure ...

Climate change worse than pandemic: UK regulator

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
The chief executive of the UK's Pensions Regulator believes climate change will be more catastrophic to populations' way of life than the COVID-19 pandemic if no action is taken. The comments came as The Pensions Regulator chief executive Charles ...

Pandemic boosts scam complaints

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
The onset of COVID-19 led to a sharp increase in the number of scam-related financial complaints, according to new data from the Australian Financial Complaints Authority (AFCA). AFCA's half-year statistics revealed scam-related complaints made up 23% ...

UK pension fund fossil fuel investments laid bare

JAMIE WILLIAMSON  |  THURSDAY, 25 FEB 2021
Despite more than 75% of the UK's local councils declaring a climate emergency, their pension funds are still pouring billions into fossil fuels the world over. A new report from campaigners Platform, Friends of the Earth (England, Wales and Northern ...

CBA feels pressure of low rates, profits down

ANNABELLE DICKSON  |  WEDNESDAY, 11 NOV 2020
Commonwealth Bank of Australia reported a decrease in cash profit down for the September quarter due to lower margins and higher expenses. The preliminary figures show cash profits down 16% to $1.8 billion on the same period in the previous year. The ...

Industry fund flags fee cuts

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
A $64 billion industry super fund has flagged a reduction in estimated investment fees and costs across most of its investment options. Sunsuper said a number of investment options have experienced a change in estimated investment fees and indirect ...

Westpac hit with $1.2bn of losses

KARREN VERGARA  |  MONDAY, 26 OCT 2020
Westpac will be hit with $1.2 billion worth of losses mostly driven by its life insurance business and AUSTRAC penalties. The bank flagged the massive loss ahead of releasing its full year 2020 results on November 2. Goodwill and intangibles associated ...

Death of value investing a myth: Realindex

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
... handful of US tech darlings, value has actually kept pace with the broad market." The paper said it is too simplistic to equate "growth vs value" with "high quality vs low quality". "The growth-value spread is in part due to monetary stimulus, with easy ...