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Showing 9651 - 9660 of 10713 results for "May 1997"

Expats lose out on super

Foreigners with sizeable superannuation savings who plan to work or migrate to Australia will be disadvantaged under the new super laws and could be forced to keep their savings offshore or face higher local tax rates. Under existing rules relating ...

Daily economic round-up

PETER BELL  |  THURSDAY, 7 SEP 2006
The national accounts released yesterday show that Australia's GDP grew at only 0.3 per cent on a seasonally adjusted basis. The increase in GDP was a consequence of an increase of 0.5 per cent in final consumption expenditure, 0.3 per cent in private ...

Scale fails to buy cheaper premiums

KATE HAGE  |  THURSDAY, 7 SEP 2006
For superannuation fund trustees arguing that scale is a panacea, as far as insurance is concerned it has very little impact on pricing premiums, according to a Rainmaker report. Rainmaker's associate director of research, Andrew Keevers, said the 2006 ...

Daily economic round-up

PETER BELL  |  WEDNESDAY, 6 SEP 2006
The Reserve Bank of Australia (RBA) has decided not to lift interest rates following its monthly board meeting yesterday. This comes as some relief to the market and mortgagees after last month's 0.25 per cent increase to 6 per cent, the second since ...

Daily economic round-up

PETER BELL  |  TUESDAY, 5 SEP 2006
Figures released yesterday by the Australian Bureau of Statistics showed that the number of dwellings approved during July increased by 8.3 per cent to reach the highest level since May 2005. The result was largely a consequence of a 13.6 per cent increase ...

Market wrap - morning

AAP  |  TUESDAY, 5 SEP 2006
The Australian share market may nudge upward in the absence of a lead from US markets, which were closed for the Labor Day holiday. On the Sydney Futures Exchange, the September share price index contact was up three points at 5,147. Today, broadcaster ...

Market wrap - midday

AAP  |  MONDAY, 4 SEP 2006
The Australian stock market maintained its strength to noon, following on from a strong performance on Wall Street last Friday. At 1200 AEST the benchmark S&P/ASX200 was 21.7 points higher at 5118.8, while the all ordinaries rose 19 points to 5082.3. ...

NZ Super Fund scores big but cautions on the future

The New Zealand Superannuation Fund has posted better than expected returns for the third year in a row but has cautioned that its current level of performance will not be sustainable over the long term. The NZ fund, the equivalent to Australia's Future ...

Suncorp increases market share and profits

Suncorp's announcement of $1 billion in underlying profit in its annual results has triggered the possibility of a share buy-back - good news for investors. Suncorp chairman, John Story, said the group's strong balance sheet could drive a return of ...

Industry funds warn on master trust switching

HAMISH MADDEN  |  THURSDAY, 31 AUG 2006
Industry Funds Services (IFS) has warned Australians to carefully check their super fees after changing jobs and to be on the lookout in case their new employer signs them on to a higher fee master trust. IFS highlighted the trend where some employees ...