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Showing 961 - 970 of 6260 results for "Cash"

Government scraps legacy tax, super measures

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... investment vehicles; changing the annual audit requirement for certain SMSFs; the introduction of a limit of $10,000 for cash payments made to businesses for goods and services; and the introduction of a deductible gift recipient category for providers ...

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
... However, from around 2016, the Bank was balancing the case for a faster return of inflation to the target range by lowering the cash rate further, against the medium-term risks associated with an increase in what were already high levels of household ...

ASIC sues BPS Financial over crypto claims

CASSANDRA BALDINI  |  TUESDAY, 25 OCT 2022
... regulator alleged BPS made false, misleading, or deceptive representations and engaged in unlicensed conduct in relation to a non-cash payment facility involving a crypto-asset token called Qoin (the Qoin Facility). ASIC further alleged BPS made false ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... could help combat inflation the report suggests options like short term CPI-linked bonds, real assets that have underlying cash flows, the Age Pension which has in-built inflation protection, and a traditional defined benefit pension. Alternatively ...

Brighter Super hires former Sunsuper investment manager

ELIZABETH FRY  |  MONDAY, 24 OCT 2022
Brighter Super has hired the high-profile Jason Huang as head of cash, fixed income and credit. Huang joins from ANZ Private Banking, where as a senior portfolio manager, he was responsible for investment research, governance and fund manager review ...

Quantifying the value of a financial adviser

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... their investing lives. As a result, many investors have turned away from investment markets, seeking shelter in assets like cash which they believe to be safer." "In their role as a behavioural coach, advisers have helped their clients remain invested ...

Former AUSIEX chief to join Investment Trends

CHLOE WALKER  |  FRIDAY, 21 OCT 2022
... Trends research director Dougal Guild said that with interest rates on the rise, the proportion of new client money going into cash, term deposits and other fixed income products has increased by 43% this year, the highest it's been in some time. ...

Link seeks to offload Fund Solutions

ANDREW MCKEAN  |  THURSDAY, 20 OCT 2022
... Subsequently, Dye & Durham revised its takeover offer, stating that it developed a revised proposal that was structures as an upfront cash payment of $3.81 per Link Group share to Link shareholders on the implementation of the scheme, plus a contingent ...

AMP debuts hybrid retirement solution

ANDREW MCKEAN  |  TUESDAY, 18 OCT 2022
AMP has launched MyNorth Lifetime, a new suite of solutions available through the North platform that combines an account-based pension with the lifetime cashflow features of annuities. The MyNorth Lifetime Income account is a flexible pension account ...

Netwealth FUA sits at $58bn

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
Netwealth's funds under administration (FUA) increased by $2.5 billion in the September quarter, now coming in at $58.1 billion. FUA has increased a total of $6.1 billion in the 12 months to September 30, despite negative markets. Funds under management ...