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Showing 1041 - 1050 of 6597 results for "Policy"

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... a similar tone, APRA has said it's looking for 'transformation by action' across the super sector. The regulator super policy and supervision priorities introduced themes of 'protected today' and 'prepared for tomorrow' with respect to making decisions ...

Four investment specialists join Resolution Life

ELIZABETH FRY  |  FRIDAY, 29 JUL 2022
Resolution Life Australasia has added three new investment specialists and an analyst to its investment team. Katrina Tran has been recruited as a senior investment manager. She joins from Mercer, where she spent three years most recently as an investment ...

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
The US Federal Reserve raised its policy interest rate by 0.75 basis points to 2.5% and indicated further increases will likely be appropriate. Explaining the decision, Federal Reserve chair Jerome Powell said: "From the standpoint of our congressional ...

Equities challenged but opportunities are there

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
... developed country central banks were late in recognising just how great a challenge inflation would prove for monetary policy. "By allowing inflation and inflation expectations to escape the realm of being within their ability to comfortably manage without ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... are expected to bite, with global growth slowing next year and inflation decelerating," the IMF said. "Tighter monetary policy will inevitably have real economic costs, but delaying it will only exacerbate the hardship." The IMF recommended that central ...

Peter Burgess to become SMSFA chief executive

CHLOE WALKER  |  WEDNESDAY, 27 JUL 2022
Peter Burgess, the current SMSF Association deputy chief executive and director of policy and education, will take on the top job in March 2023. Burgess will succeed John Maroney who has been chief executive since May 2017. Burgess brings more than ...

Government moves to amend military super benefits tax

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
... than superannuation income stream benefits. However, as new draft legislation states, this is contrary to the original policy intent. The explanatory memorandum states: "The Douglas decision identified a discrepancy in the statutory definition of a superannuation ...

Wayne Byres to stand down

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... do great things for the Australian community." Byres has been with APRA since its establishment in 1998, working across policy and supervision. He previously worked at the Reserve Bank of Australia for more than a decade, including a secondment to the ...

Recession a distinct possibility: Natixis

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
... have excelled, it said. Nevertheless, going forward, like nine in 10 survey respondents, Kaminski said that central bank policy will be the biggest market driver in the second half of 2022. She said: "The biggest market driver at the end of 2022 will ...

Treasurer announces RBA review

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
Treasurer Jim Chalmers is instituting the first major review of the setting of monetary policy and the Reserve Bank of Australia (RBA) since the 1990s. In the context of Australia facing a complex combination of difficult economic conditions, Chalmers ...