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Showing 1 - 10 of 7527 results for "Average"

Price dislocations pave way for active managers

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2024
The current market is ripe for active equity fund management skills to shine given the price dislocations, and most notably in regions outside of the US, according to J.P. Morgan Asset Management. Every time the spread widens out between the most expensive ...

Budget 2024: The Budget by numbers

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... and reprioritisations in the Budget and $77.4 billion since the election. "We're limiting real spending growth to an average on 1.4% per year since we came to government, less than half the average of the last 30 years and around a third of the growth ...

Budget 2024: Stage 3 tax cuts to take effect July 1

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... rate to 16% and increase the threshold for the 37% tax rate from $120,000 to $135,000. Treasurer Jim Chalmers said the average benefit would be around $1888 a year, or $36 a week. "Our new tax cuts for middle Australia are the biggest part of the cost ...

Billionaire quant investing legend Jim Simons dies

ANDREW MCKEAN  |  MONDAY, 13 MAY 2024
... renamed Renaissance Technologies. The firm's flagship Medallion fund, closed to outside investors since 1993, achieved an average annual return over 62% before fees and 39% after fees from 1988 to 2021, with only one losing year in 1989. To illustrate ...

Rest calls for removal of minimum work hours for super

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
... first dollar." Industry modelling found the change could have a positive financial impact on young Australians, with the average under-18-year-old potentially boosting their age-67 retirement balance by over $10,000 in today's dollars. "This change will ...

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
... is compared to only $319,000 had it remained in superannuation. However, according to Australian Retirement Trust, the average 35-year-old woman has around $76,900 in super, and the average man has around $107,700 in super. A 20% deposit on an $800,000 ...

Mercer rolls out new corporate super plan

ANDREW MCKEAN  |  THURSDAY, 2 MAY 2024
... salary continuance insurance. It also offers various investment options, like Mercer SmartPath, which has delivered an average annual return of 7.4% over the past decade. It can accommodate accumulation plans and allows for employer-subsidised administration ...

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... attractive destination for foreign investment, with investment flows into our country consistently outpacing the OECD average since 2006. Direct and portfolio foreign investment in our economy grew to be worth about $3.5 trillion in 2023," Chalmers said. ...

Vanguard Super lowers fees

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... options for Australians across a range of ages and superannuation balances, and more than 30% lower cost than the industry average," Vanguard Investments Australia managing director Daniel Shrimski said. The Lifecycle option automatically adjusts its ...

Aussies underestimate life insurance's importance: Investment Trends

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
... preferences of consumers," Guiamatsia said. The report also highlighted that life insurance claims processing takes an average of 7.3 days within super and 5.1 days outside of it, while death benefit claims average around 10 days. Guiamatsia emphasised ...
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