Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 911 - 920 of 4503 results for "Saving"

Interest rates will jump to slay "the evil of inflation": Lowe

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
At the Reserve Bank of Australia (RBA) board dinner, governor Phillip Lowe expressed that interest rates will need to go higher to bring inflation back to target. After a seventh straight rate rise, whereby the bank lifted the interest rate to 2.85% ...

Australian housing slump marches on

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
After surging 28.6% between the pandemic low in September 2020 to a high in April, national property prices have fallen 6%, said AMP chief economist Shane Oliver. "The key drivers of the downturn remain: poor affordability, rising mortgage rates, some ...

Don't water down YFYS: Grattan Institute

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
Grattan Institute has warned the government against watering down the Your Future, Your Super reforms, saying it should instead focus on implementing the remaining recommendations of the Productivity Commission. In its submission, Grattan Institute ...

Small wins for some pensioners

CASSANDRA BALDINI  |  WEDNESDAY, 26 OCT 2022
... you have," he said. "Now that's a very steep test, it means that there are circumstances where individuals who are saving either inside or outside their super actually gain very little if anything because the more super you have the less pension ...

Cboe Global Markets, SBI Holdings sign MoU

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
Cboe Global Markets and SBI Holdings (SBI) have signed a Memorandum of Understanding (MoU) to discuss business collaboration opportunities in traditional and digital finance. "The MoU between Cboe and SBI lays the foundation for the potential exchange ...

Millionaires worry about retirement

CASSANDRA BALDINI  |  FRIDAY, 21 OCT 2022
According to new research, 35% of millionaires believe it will take a miracle to retire securely. Natixis Investment Managers released The Million Dollar Question report which evaluates retirement sentiment among high-net-worth (HNWI) investors. It ...

QAR could see 12% increase in insured Aussies

CHLOE WALKER  |  THURSDAY, 20 OCT 2022
According to research commissioned by the Financial Services Council (FSC), the introduction of a scalable advice model for life insurance would see more than a million Australians have the life insurance cover they need. Research by NMG Consulting ...

HESTA changes administration fees

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
... balances and capped at a balance of $600,000. This means all pension members will see a decrease, the highest being a $138 saving on $250,000 balance, which HESTA said is the average savings of its income stream cohort. The fund also noted that it is ...

TPB, bans dishonest tax agents

CASSANDRA BALDINI  |  TUESDAY, 18 OCT 2022
The Tax Practitioners Board (TPB) terminated the registration of two tax agents after finding they prepared and lodged self-managed superannuation fund (SMSF) annual returns with incorrect details. Following an Australian Taxation Office (ATO) referral ...

Piecemeal super taxes won't fix budget deficit: FSC

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
... billion annually in revenue." "These tax changes would have a negative impact on more than 15 million Australians that are saving for their retirement through superannuation by undermining consumer confidence in the objective of the system." The FSC ...