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Showing 11 - 20 of 2256 results for "Treasury"

Non-compete clauses come under the microscope

ELIZA BAVIN  |  MONDAY, 8 APR 2024
Treasury has released a new consultation paper, Non-competes and other restraints: understanding the impacts on jobs, business and productivity, finding that these restrictions could have a "chilling effect" on the workforce. "The impacts of non-compete ...

Treasury mulls transfer balance credit provision reforms

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... cap to be exceeded, resulting in additional taxation or requiring them to commute funds held elsewhere, sometimes both. Treasury is looking to amend the transfer balance credit provisions to ensure the credit and debt arising due to a successor fund ...

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... (QAR) include amending ongoing fee arrangements (OFA) and overhauling financial services guides (FSG) are set out in Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Bill 2024. The first set of reforms will streamline ...

T. Rowe Price launches bond fund

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
... its underweight duration bias in the US, led by partially increasing an underweight position on the longer end of the Treasury curve, the latest investment update shows. "We expect that fiscal supply will continue to keep long-end yields elevated. Broadly ...

Wholesale investor tests up for parliamentary review

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... existing investors' current holdings". Stakeholders have until May 15 to file a submission. The new inquiry builds on Treasury announcing a review of the regulatory framework in the October 2022-23 Budget. This was followed by opening consultations ...

Funds SA asset allocation head to depart

ELIZABETH FRY  |  FRIDAY, 22 MAR 2024
... heavily involved in investment strategy development for Funds SA clients. He joined Funds SA from the New South Wales Treasury Corporation (TCorp) where he held several senior asset allocation and investment strategy roles. Before his seven years with ...

Two more executives leave Morningstar

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
... Morningstar's regional analyst teams in Asia. Wong has been with Morningstar for 10 years, arriving from the NSW Treasury. Walsh, a one-time head of local research, has a background spanning Towers Perrin, Macquarie Financial Services, KPMG and Gould ...

ART adds heavyweights to board

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
Australian Retirement Trust has welcomed a former Treasury official and former APRA deputy chair to its board. Martin Parkinson and Helen Rowell will sign up as non executive directors of Australia's second-largest asset owner early next month. ...

Treasury releases draft legislation for new $3m super tax

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
Treasury has released the draft regulations for the superannuation concessions changes set to come into effect FY 2025/26. Stakeholders have been encouraged to submit responses to the draft regulations before 26 April 2024. The bill imposes a tax rate ...

Sexism in the City: UK financial sector slammed

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2024
... led a government committee to recommend a raft of reforms. On International Women's Day, the UK government's Treasury Committee released Sexism in the City, a follow-up to its first report on the subject which was released in 2018. In compiling ...