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Showing 1021 - 1030 of 6133 results for "Australians"

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
Several major superannuation funds such as UniSuper, Aware Super, and Equip Super continue to invest in global weapons companies despite growing concerns among members, particularly as the Israel-Hamas war escalates. This includes France's Thales ...

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
The banking giant was found to have engaged in unconscionable conduct in the interest rate swap case borne out of AustralianSuper and IFM Investors' acquisition of part of Ausgrid in 2016. In October 2016, Westpac engaged in pre-hedging of an interest ...

Treasury details winners from tax concessions on super contributions

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... million threshold. This change, scheduled to commence on 1 July 2025, is initially expected to impact less than 0.5% of Australians. Under the current system, while employer and personal contributions to super funds are usually taxed at 15%, individuals ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
Senator Andrew Bragg has slammed industry super funds, accusing them of channelling $40 million to unions and Industry Super Australia (ISA). Scrutinising mandatory disclosures, Bragg pointed out that AustralianSuper, Cbus, HESTA, Hostplus, TWUSUPER ...

Industry leaders celebrate Australia Day honours

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... Australia Day 2024 Honours List, recognised for services in their respected fields and to the community. Some 1042 Australians received top honours across several categories. The award has four levels: Companion of the Order of Australia (AC), Officer ...

Aware Super appoints head of public market equities

ANDREW MCKEAN  |  THURSDAY, 25 JAN 2024
... have a deep appreciation of the value Australia's superannuation system plays in the retirement futures of all Australians, and I'm energised to play a key role in generating a strong retirement income pipeline for Aware Super's 1.1 million ...

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
... to make a substantial investment in real estate. A survey by finance comparison site Mozo reveals that one in six Australians fork out 40% to 60% of their monthly income on home loan repayments. Nearly 40% of the 2100 mortgage holders surveyed said they ...

Super fund satisfaction improves: Roy Morgan

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... Roy Morgan Superannuation Satisfaction Report, based on findings compiled by in-depth interviews with over 60,000 Australians each year, found that despite hitting a low point of 65% in July 2023, superannuation satisfaction is still significantly higher ...

Australian Ethical super chief goes for growth in 2024

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
... many internal optimisations, including insurance harmonisation, play a part, Piper noted that a growing number of Australians are "voting with their feet" in their investment choices, which underscores the increasing relevance of Australian Ethical's ...

Aussies want advice from their super fund: CFS

CHLOE WALKER  |  TUESDAY, 23 JAN 2024
New research from Colonial First State (CFS) has found a significant proportion of Australians wish their superannuation fund offered financial advice, including many who already receive advice. The CFS Empowered Australian report, based on a survey ...