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Showing 71 - 80 of 259 results for %22ABC%22

$1m in super not enough: Cooper

MARK SMITH AND AAP  |  MONDAY, 20 APR 2015
... really just to demonstrate... how much it would cost hypothetically to buy an age pension for the rest of your life," he told ABC Radio on Monday. If the bond rate was back to a pre-2013, 20-year average of 6% it would bring that million dollar figure ...

Turnbull on super and housing debate: "a thoroughly bad idea"

LAURA MILLAN  |  THURSDAY, 12 MAR 2015
... people on lower incomes when taken as a whole". Hockey responded to Turnbull's comments on housing and superannuation at the ABC Lateline program: "We wanted a debate about this. There's a difference of views, of course there is," he said. He acknowledged ...

Oil slide, CEO pay and that "income recession"

BENJAMIN ONG  |  THURSDAY, 11 DEC 2014
... "Banking giant Westpac is preparing to shed more than 200 jobs by closing call centres in Queensland and Western Australia." (abc.net.au, 1 Oct 2014). "Westpac to send 83 jobs to India in cost-cutting program" (The Australian, 18 Oct 2013) The more difficult ...

Cormann to keep up the FoFA fight

ALICE URIBE  |  THURSDAY, 20 NOV 2014
... Financial Advice (FoFA) reforms despite last night's crushing defeat in the Senate. Finance Minister Mathias Cormann told ABC Radio this morning that the government had until 30 June 2015 to pursue its controversial financial advice reforms. "We have ...

CBA appoints litigators as customer advocates

LAURA MILLAN  |  MONDAY, 3 NOV 2014
... appear in front of the Scrutiny of Financial Advice inquiry, conducted by the Senate Economics Committee. In an interview on ABC Radio, the Committee's chair Sam Dastyari was asked if CBA had refused the request for Turner to appear, and offered Narev's ...

Abbott's SG claim incorrect, survey finds

JAMES FERNYHOUGH  |  MONDAY, 8 SEP 2014
... do, not what they have actually done in the past. Following the announcement of the SG freeze last week, Tony Abbott told ABC's 7.30: "The SG levy comes out of workers' pockets, so by delaying the increase to that levy, we actually keep more money in ...

SG freeze to hit young and low income earners hardest

JAMES FERNYHOUGH  |  WEDNESDAY, 3 SEP 2014
... inequitable access to tax concessions depending on income." Prime Minister Tony Abbott defended his decision to freeze the SG on ABC's 7.30 last night, saying: "The SG levy comes out of workers' pockets, so by delaying the increase to that levy, we actually ...

FoFA future uncertain as Palmer threatens to join opposition

LAURA MILLAN  |  MONDAY, 30 JUN 2014
... Palmer United, does not support the measures. Palmer United Party (PUP) leader and Fairfax representative Clive Palmer told the ABC AM program that after the FoFA regulations came in today "no investor can rely on anything that the adviser tells them ...

Inquiry has Macquarie Private Wealth in its sights

MARK SMITH  |  FRIDAY, 27 JUN 2014
... and UBS Wealth Management were also among the financial institutions specifically mentioned in the report. Morris told the ABC that the involvement of other financial services companies is indicative of a "systemic problem" within the financial planning ...

7.5% in black and white

BENJAMIN ONG  |  WEDNESDAY, 18 JUN 2014
... Prospects report, sees the economy growing by 7.6% in 2014. This is a long, long way off from the fear mongering published by the ABC on 15 January. "Michael Pettis, professor of international finance at Peking University, believes growth rates might ...