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Showing 1 - 10 of 20 results for "US default"

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... specialist says rising credit default swap (CDS) spreads have sparked concerns. However, he downplayed the risk of a US default, calling it a "very low probability event". Robert Abad recalled the sole instance of a "technical" default by the US in 1979 ...

Government moves to amend military super benefits tax

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
The government is introducing legislation that aims to ensure no veteran pays higher income taxes because of the Federal Court decision in Commissioner of Taxation V Douglas (the Douglas decision). The Douglas decision found that certain veterans' invalidity ...

The $500k price tag on bad super choices

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
Sticking to a bad super fund could leave the average Australian worker more than $500,000 poorer over their lifetime, latest research from SelectingSuper found. The research considered an average employee's salary, fees and contributions over 45 ...

Market Wrap AM

AAP  |  THURSDAY, 26 FEB 2015
The Australian market looks set to open lower following falls on Wall Street which dipped from record highs following mixed earnings reports. At 0840 AEDT on Thursday, the March share price index futures contract was down 19 points at 5,903. In local ...

Cbus first industry fund to get Lonsec rating

MARK SMITH  |  MONDAY, 31 MAR 2014
Cbus Super has received a 'Recommended' rating from retail ratings house Lonsec, a first for an industry superannuation fund. Lonsec has assigned the rating to all Cbus investment options including the Cbus default option -- Cbus Growth (Cbus MySuper) ...

Market Wrap AM

AAP  |  THURSDAY, 17 OCT 2013
The Australian market looks set to open higher after US Senate leaders reached a deal for a temporary budget and to extend the debt ceiling, ending the government shutdowm. At 0826 AEDT on Thursday, the December share price index futures contract was ...

Market Wrap AM

AAP  |  TUESDAY, 8 OCT 2013
... expressed particular concern that the fight over the budget will stymie efforts to raise the budget ceiling, resulting in a US default with damaging economic consequences. LONDON - European stock markets slid while the euro rose against the dollar as ...

Market Wrap - Morning

AAP  |  THURSDAY, 9 FEB 2012
The Australian dollar has fallen back as traders remain concerned that a resolution for the Greece's debt woes will eventuate. At 0701 AEDT on Thursday, the Australian dollar was trading at 107.94 US cents, down from 108.18 cents on Wednesday afternoon. ...

Market Wrap - Morning

AAP  |  TUESDAY, 2 AUG 2011
The Australian share market is expected to decline following falls on Wall Street overnight on scepticism about the deal to resolve the US debt crisis. At 0717 AEST on the ASX 24 on Tuesday, the September share price index futures contract was down ...

Market Wrap - Morning

AAP  |  MONDAY, 1 AUG 2011
Australian shares may decline slightly after US stocks fell on Friday as talks to reach an agreement over the US debt ceiling continued to feed market uncertainty. But mining stocks may gain after some metals, including gold, silver and copper, rose. ...
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