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Showing 951 - 960 of 1755 results for "Budget 2014"

Labor to oppose rise in pension age

JAMES FERNYHOUGH | FRIDAY, 16 MAY 2014

... breaking the unwritten rule against blocking supply. Shorten also condemned the government's plan - not included in the budget - to do away with the low income superannuation contribution (LISC). "Two thirds of those hurt by this change were women - ...

Budget reply speech 2014 -15: Bill Shorten

Market Wrap AM

AAP | FRIDAY, 16 MAY 2014

The Australian share market is set to fall after weak earnings from US retail giant WalMart contributed to a sharp drop on Wall Street. At 0800 AEST on Friday, the March share price index futures contract was down 29 points at 5,496. In local economic ...

Market wrap

AAP | THURSDAY, 15 MAY 2014

The Australian share market has opened lower after US markets came off record highs. The fall in US shares had driven the Australian market lower, although the federal budget may also be hurting stocks, Lonsec equities research general manager Bill ...

Advisers turn budget into opportunity to engage

LAURA MILLAN | THURSDAY, 15 MAY 2014

Tech savvy financial planners have turned fears around the 2014/15 federal budget cuts into an opportunity to highlight the value of advice and engage with their clients on social media. The government's warnings before the release of the 2014 budget ...

Low income retirees to feel budget pain

JAMES FERNYHOUGH | THURSDAY, 15 MAY 2014

Pensioners on low incomes will be significantly worse off under the changes announced in Tuesday's budget, according to Pauline Vamos, chief executive of the Association of Superannuation Funds of Australia (ASFA). Speaking at ASFA's post-budget briefing ...

International media question Australia's "austerity budget"

LAURA MILLAN | THURSDAY, 15 MAY 2014

International media reports on the 2014/15 federal budget reflect concerns that cuts will hit consumer confidence in an economy that is doing better than most of its counterparts. "Australia's first budget under Tony Abbott was either brave or foolhardy," ...

Budget presents huge opportunity for wealth industry

MARK SMITH | WEDNESDAY, 14 MAY 2014

The two year increase in the Age Pension is likely to create a huge opportunity for the financial services industry as product and service providers devise ways to help fund people those additional years, according to Rainmaker Information director ...

Cuts to ASIC and ATO push industry to self-regulation

LAURA MILLAN | WEDNESDAY, 14 MAY 2014

Budget cuts to the Australian Securities and Investments Commission (ASIC) and the Australian Taxation Office (ATO) will force the industry to rely more on self-regulation. The budget is contemplating cuts of $142.8 million over the next three years ...

SPAA applauds tax changes to excess contributions

JAMES FERNYHOUGH | WEDNESDAY, 14 MAY 2014

The government will allow individuals to withdraw superannuation contributions in excess of the non-concessional contributions cap made from 1 July 2013, it has said in the budget. It said that any associated earnings in these excess contributions may ...

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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