ACT govt slashes SGBY HAMISH MADDEN | THURSDAY, 8 JUN 2006 12:26PMIn its 2006-07 Budget, the ACT Government has announced it will reduce its superannuation guarantee level to 9 per cent from 1 July 2006 in a bid to reel in the expected 700 per cent increase in super costs over the next 30 years. |
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FAAA says it welcomes the legislative changes aimed at addressing the so-called "widow's tax," noting the amendments will protect grieving families and individuals navigating relationship breakdowns from unintended tax consequences.
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Australian Retirement Trust (ART) has agreed to acquire a 50% interest in Brisbane's Westfield Mt Gravatt from Scentre Group for $882.5 million, in what is expected to be Australia's largest single-asset retail transaction this year.
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Featured Profile
Liza McDonald
HEAD OF RESPONSIBLE INVESTMENT
AWARE SUPER
AWARE SUPER
Liza McDonald would have you believe her path from a legal secretary to the head of responsible investment at Aware Super was a matter of good fortune. Her career says otherwise. Riddhima Talwani writes.
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