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Showing 901 - 910 of 8106 results for "Total"

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... since the late 1980s. "Mortgage delinquencies are likely to rise a little further from here but remain low as a share of total loans," Mousina said. "But, the probability of large-scale housing loan defaults, forced home sales and large falls in property ...

Inquiry urges government to consider paid reproductive leave

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2024
... 258 submissions and seven public hearings, the committee handed down its report this week, making 25 recommendations in total. Chief among the recommendations, the committee wants to see the Department of Employment and Workplace Relations tasked with ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... additional penalty applied to employers who have been assessed for the SG charge and do not pay in full within 28 days. This will total up to 50% of the outstanding SG charge amount The SG charge will be tax-deductible, but any penalties applied on top ...

Hanson backs Dixon Advisory inquiry

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
... letting this go and we hope this inquiry goes a long was to ensuring what happened at Dixon's doesn't happen again." Total compensation for Dixon Advisory victims has reached $338.6 million, according to the Australian Financial Complaints Authority ...

Growth of SMSFs, Div 296 opportunity for advisers

MATTHEW WAI  |  WEDNESDAY, 18 SEP 2024
... reserves to pay it." Despite growing concern, the number of SMSF established in FY24 has skyrocketed, representing 5.2% of the total SMSF number of 625,609. The number of wind-ups of SMSF accounts have also dropped significantly, only seeing 1197 accounts ...

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... Meantime, the Australian product aimed to deliver income by outperforming the S&P/ASX200 Franking Credit Adjusted Daily Total Return Index (Tax-Exempt); since inception it achieved 10% total income and a total return of 9.4% versus the benchmark's ...

Lost super bill sits at $18bn: ATO

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... five years or more. There is currently 333,000 lost super accounts, 192,000 of which belong to uncontactable members. In total they hold $11.8 billion in retirement savings. Of these, 55% of the accounts belong to men and 39% belong to women. By value ...

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... many." MLC said it will also reduce investment fees and costs for most ready-made investment options from October 1, with total investment fees and costs on the MySuper option to drop from 0.91% to 0.81%. According to Rainmaker Information, the average ...

Aussie female fund manager representation lags: Research

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... Globally, the number of women in portfolio management positions has risen from 12.1% to 12.5% year on year, drawing from a total of 18,141 fund managers. Taiwan, with 339 fund managers, again leads the pack with 32% of its portfolio managers being female ...

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... chief executive Neil Macdonald, who said that advisers can still lodge an appeal of Justice McElwaine greenlighting the total settlement amount on September 6. Justice McElwaine approved litigation funder Augusta Pool's payout of more than $42 million ...