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Showing 1 - 10 of 100+ results for "Budget"

Recovery set to slow: OECD

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
Australia has bounced back from the economic grips of the pandemic and suffered mildly compared to other countries, but the recovery will soon slow, according to the OECD. The OECD's Economic Survey of Australia projected GDP growth of 4.0% in 2021 ...

Advisers embrace technology, lack budget

KARREN VERGARA  |  WEDNESDAY, 15 SEP 2021
Financial advisers have dramatically relied on technology over the last 18 months yet are unwilling to increase their budget to improve the clients' digital experience, new research finds. The 2021 Netwealth AdviceTech Report found advisers spent ...

Auditor referral threshold test troubling: SMSFA

ANNABELLE DICKSON  |  MONDAY, 13 SEP 2021
The SMSF Association is concerned that the introduction of a 20% threshold for auditor referral fees does not address at what point in time the threshold test must be considered or applied. The Accounting Professional & Ethical Standards Board introduced ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... products only. They will face the music again on 1 July 2022. The new performance testing regime was floated at the annual budget in October 2020 and came into effect on July 1 this year. Final amendments, that included a more forgiving treatment of ...

Cost of retirement increases

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
... on the previous quarter. Looking at the full year to June 2021, prices were up by around 2.3% for the comfortable couple budget and by 2.6% for the comfortable single budget. Driving the increase in the cost of retirement is skyrocketing prices on several ...

Roar launches interactive SOA tool

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
Financial planning technology firm Roar Software has launched a Statement of Advice solution that comes with a human avatar. DynamicDocs, launched in partnership with customer engagement video software platform HumanableCX, converts Word-based SOAs ...

Victorian government agency hunts for fund manager

KANIKA SOOD  |  FRIDAY, 23 JUL 2021
... $120million startup fund. The Victorian Startup Capital Fund (VSCF) is a fund-of-funds that was announced in the Victorian Budget 2020/21 and will invest in Victorian early-stage technology-based startups that have the potential to grow into high-performing ...

Retirement Income Covenant paper released

KANIKA SOOD  |  TUESDAY, 20 JUL 2021
... balance key retirement income objectives," the government said. The Retirement Income Covenant was introduced in the 2018-19 Budget and has already been pushed back two years from its original start date of July 2020. The government's initial stance ...

Life insurance drives economy: Research

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
... capital allocation. Further to this, life insurance has broader benefits to society, particularly taxpayers. The latest budget showed the government's largest budget item was social security and welfare at 33.9%. Rice Warner research also showed ...

SG Hiscock introduces medical tech fund

JAMIE WILLIAMSON  |  TUESDAY, 29 JUN 2021
... government spending to support the industry," he said, noting the patent box tax break announced in the recent federal budget. The fund is particularly attractive to impact investors, Hunter added. "Through its investments in Australian medical technology ...
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