Costello pledges $18bn to pump-prime his Future FundWEDNESDAY, 7 DEC 2005 11:07AMThe Future Fund legislation will be pushed through Parliament today, with Treasurer Peter Costello announcing an initial allocation of $18 billion towards the fund charged with managing the federal government's unfunded super liabilities. |
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Government consults on discretionary trust tax
The government is consulting on the minimum tax on discretionary trusts set to come into effect 1 July 2028.
SMSFA backs review of ATO's regulatory approach
The SMSF Association (SMSFA) has welcomed the Australian National Audit Office's (ANAO) review of the Australian Taxation Office's regulation of self-managed super funds, describing it as a timely opportunity to assess whether the regulatory framework remains fit for purpose as the sector surpasses ...
ASFA makes suggestions for performance test overhaul
The Association of Superannuation Funds of Australia (ASFA) has called for the federal governments annual superannuation performance test to be modernised, arguing the current framework is discouraging long-term investment assets such as housing, infrastructure and renewable energy.
AutralianSuper injects $500m in Indian infrastructure
AustralianSuper will increase its commitment to India's National Investment and Infrastructure Fund (NIIF) with a further $500 million, taking the fund's overall holdings in India across all asset classes to $3.3 billion.
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Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
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Rethinking default design in a changing market environment
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Featured Profile
Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
