An advisor might need to be hired at a cost of perhaps 1 per
cent per year of assets under management to help them manage their ETFs.
However, if she elects to defer OAS for five years, she can gain 7.2 per
cent per year of her present $ 6,778 benefit.
A good rule of thumb is 50
cents per year of age.
Not exact matches
Varonis expects full -
year earnings in the range
of 1
cent to 7
cents per share, with revenue ranging from $ 264 million to $ 268.5 million.
New data has further confirmed the downward trend in new vehicle sales in the state with the Australian Bureau
of Statistics showing sales slumped nearly 10
per cent in the
year to September.
Nanos Research, which conducts a weekly survey for Bloomberg, found that almost a quarter
of respondents at the end
of September said their personal financial situation had worsened over the past
year, compared with about 20
per cent in early August.
The slowdown in mining project work has resulted in a 26
per cent fall in the number
of environmental professionals employed at the state's biggest consulting firms over the past
year.
After a
year, staff are able to buy shares in the tightly held company and are included in the profit - share program, where five
per cent of pre-tax profits is distributed evenly among the staff.
The investment indicator in the Business Outlook Survey weakened significantly from the summer report, as the balance
of opinion between firms planning more spending on machinery and equipment versus those predicting less dropped to 17
per cent from 29
per cent in the summer and 35
per cent at the start
of the
year.
And if U.S. giant Verizon provides coast - to - coast service north
of the border, it could snatch up as much as 10 or 15
per cent of the market after a few
years, he said.
1 - 800 - Flowers.com expects full -
year earnings to be 60
cents per share, with revenue in the range
of $ 1.13 billion to $ 1.15 billion.
Continental posted net income
of $ 233.9 million, or 63
cents per share, compared with $ 469,000, or less than a penny
per share, in the
year - ago quarter, when oil prices plummeted - and the company's production costs were higher.
Yet the Prime Minister's Office appears to think an economy that has been growing at an annual rate
of around three
per cent for nearly a
year is too weak to absorb interest rates that still are near record lows.
-- Net debt ballooned to $ 269.2 billion for the
year ending March 31 from $ 252.1 billion the previous
year, leaving a debt - to - GDP ratio
of 38.9
per cent, which is expected to grow to 40.3
per cent next
year.
SSL, which also owns Scholl, said sales were up 22
per cent to # 320million in the half
year to the end
of September.
Just three
per cent of British households own a smart thermostat, up from two
per cent last
year, while a similar two
per cent own phone - controlled lights — the same amount as a
year earlier.
Walter Spracklin
of RBC Capital Markets said increased costs from the delay means that Bombardier will need to sell more than 800 aircraft to break even, or 12
per cent market share over the next 20
years.
This was ahead
of analysts» expectations for 26
cents, according to Thomson Reuters I / B / E / S, but down from $ 1.09
per share a
year ago, when a buoyant stock market boosted investment returns.
A poll commissioned by Google and released in May suggested only 20
per cent of Canadians had ever made a mobile purchase and only 16
per cent expected to boost their mobile shopping in the following
year.
Barnes Group expects full -
year earnings in the range
of 3
cents to $ 3.15
per share.
New vehicle sales in Western Australia registered a slight increase in March compared with the same month last
year, while sales for the 12 months to March were up 5.3
per cent on the prior
year, according to the latest data from the Federal Chamber
of Automotive Industries.
The 0.4
per cent growth rate for the gross domestic product, the economy's total output
of goods and services, was the weakest quarterly performance in almost two
years and followed a much faster 3.1
per cent increase in the third quarter.
Oil has dropped more than six
per cent since closing at a two -
year high
of $ 110.53 on Sept. 6.
Shares in scooter manufacturer Vmoto have dived 20
per cent today after the company announced on Friday it expected to record a $ 2.24 million loss for the first half
of the 2011 financial
year.
Sprint reported a profit
of $ 69 million, or 2
cents per share, compared with a loss
of $ 283 million, or 7
cents per share, in the
year - ago quarter.
Henderson - based contractor Civmec lifted profit to $ S10.4 million ($ A10 million) for the first half
of the financial
year, up 59
per cent, on the back
of a big surge in revenue.
Neither existed in Germany or the Netherlands just a few
years ago, but they now account for 17
per cent and 32
per cent of their respective markets, the analysis firm says.
In Ontario, for example, around 82
per cent of 18 - to 29 -
year - olds consumed alcohol in 2015, according to a report from equity research firm Cowen and Co..
This was ahead
of analysts» expectations for 26
cents, according to Thomson Reuters I / B / E / S, but down from $ 1.09
per share a
year ago, when a buoyant stock market boosted...
St. Louis - based Anheuser - Busch, the largest U.S. brewer, said earlier this month it had cut its water use by 32
per cent in the last five
years by sponsoring preservation initiatives in water basins critical to its breweries, and by installing U.S. Department
of Agriculture real - time weather and crop water - use data meters on suppliers» farms.
On Wednesday afternoon, the benchmark U.S. 10 -
year bond was yielding 2.35
per cent, up 15 basis points from before the Fed statement and up sharply from about 1.6
per cent at the beginning
of May.
In July, the Bank
of Canada estimated that 47
per cent of residential mortgages with the Big Six banks will be up for renewal in less than a
year, with another 31
per cent due in the next one to three
years.
As
of the end
of July, there were nearly 123,000 consumer proposals and personal bankruptcies filed by Canadians this
year, a decline
of 1.2
per cent from the same period last
year.
The government already spends about $ 12 - billion each
year to pay interest on its debt, about 8
per cent of revenue.
New vehicle sales in Western Australia were down 15.8
per cent in May, adding to a sharp decline in
year - to - date activity, though one bright spot was a pick - up in sales
of luxury marques.
Motor vehicles sales in Western Australia for the
year to November are down 8.5
per cent on the same period last
year, with sports utility vehicles the only part
of the market that held up.
Industrial hardware and parts supplier Coventry Group has announced a net profit
of $ 19 million for the
year ended June 30, lodging a 6
per cent increase in revenue to push it back into the black.
Less than 1
per cent of businesses paid half
of Australia's corporate tax take in the
year to June 2016, according to ATO data, while the financial services and resources industries were the biggest contributors.
Seventy - five
per cent of local businesses and 56
per cent of consumers believe the economy will deteriorate over the course
of the new financial
year.
Personal income tax will hit a 20 -
year high
of 12.5
per cent of GDP by 2020 - 21 under the budget forecasts as the government relies on bracket creep and an increase in the Medicare levy to return the budget to surplus.
He said a pullback
of 15 - 20
per cent in prices was likely, with the main impact to be felt next
year after the latest round
of mortgage lending practices comes into play in Canada.
Even before Wednesday's decision, five
of the country's largest banks hiked five -
year fixed rates 15 basis points to 5.14
per cent last week.
The savings rate is close to the 25 -
year average
of five
per cent, which doesn't point to a consumer debt apocalypse.
About 70
per cent of mortgages in Canada are fixed rate, with the majority
of those loans set for five -
year terms.
But he points to a report from the Parliamentary Budget Officer released earlier this
year showing that, since 2009, the debt service ratio — a measure
of income spent to pay debt — has remained steady at around 14
per cent, not much higher than the long - term average.
When those prices collapsed anew a few
years later, the central bank dropped the benchmark interest rate back to its crisis - era setting
of 0.5
per cent %.
MGM Resorts, for example, agreed to pay employees an extra 35
cents per hour in the first
year of the contract, 50
cents more in the second
year and an additional 55
cents in the third.
Last
year, the Bank
of Canada estimated that 31
per cent of residential mortgages with the Big Six bank lenders are up for renewal in the next one to three
years.
Car dealers in Western Australia will be hoping for a pickup this
year, after the release
of data showing a 7.9
per cent fall in new car sales in 2015 in WA, while the rest
of the nation reported its best
year on record.
Meanwhile, the central bank's own forecast pegs GDP growth at 2.6
per cent this
year, which makes Canada one
of the fastest growing economies in the developed world.