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Showing 901 - 910 of 11412 results for "Rate"

New campaign pushes for reproductive leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... and hysterectomies. Like sick and compassionate leave, reproductive health leave would be paid at an employee's base rate of pay for their typical hours worked. Again, like sick leave, notice and evidence requirements would apply. The campaign is ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... who currently account for about 95% of those accessing the scheme. It equates to about $106 a week, based on the present rate of PPL of $882.75. While the impact may be small, it will go some way towards closing the gender super gap. Currently, women ...

Advisers show growing interest in ASX-listed Bitcoin ETF

ANDREW MCKEAN  |  TUESDAY, 5 MAR 2024
VanEck chief executive and managing director of Asia Pacific Arian Neiron has reported an increase in interest from financial advisers and brokers for a Bitcoin ETF on the ASX. Since the US Securities and Exchange Commission (SEC) approved 11 Bitcoin ...

Count completes Diverger acquisition

KARREN VERGARA  |  MONDAY, 4 MAR 2024
Count has finalised the acquisition of Diverger as the latter officially delists from the ASX today. The group now has 590 financial advisers and funds under advice (FUA) of $29.9 billion. Count chief executive Hugh Humphrey said: "An important strategic ...

Large-cap equity funds continue underperformance: SPIVA

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... the three- and five-year periods respectively. Appearing to turn the corner, A-REIT funds improved their underperformance rate to 69% over the full year following a challenging start to 2023. Over the 15-year period, however, 80% of them underperformed. ...

Long-term cost of super early release to be $85bn: SMC

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
Australian taxpayers may face an $85 billion bill due to the COVID-era Early Release of Super scheme, according to a new analysis by the Super Members Council (SMC). Using the Superannuation, Pensions, and other Retirement OUTcomes (SPROUT) model, the ...

Perpetual profit, operating revenue lifts

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... integration of the Pendal businesses is progressing well and we have exceeded our first-year target of $40 million in run-rate synergies, allowing us to focus on further synergy realisation, simplification and targeted market and channel expansion."

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
Analysis shows an annuity that pays an income equivalent to the Age Pension would cost a retiree more than $500,000. In researching whether annuities could solve superannuation's need for better retirement income stream solutions, Rainmaker Information ...

Stage 3 tax cuts pass Senate

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... lower-income earners are to receive more relief than initially promised. Among the changes, Treasury will reduce the 19% tax rate to 16% and increase the threshold for the 37% tax rate from $120,000 to $135,000 (see Figure 1 and 2). Source: H&R Block ...

Super assets reach $3.7tn

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... were 614,705 SMSFs at the end of December, growing 3% during the period. Super funds with more than six members reported a rate of return (ROR) of 4.3% from the September 2023 quarter. This high quarterly return was driven by strong growth in financial ...