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Showing 91 - 100 of 389 results for "Defence"

VanEck launches US bond ETF

CHLOE WALKER  |  MONDAY, 15 MAY 2023
... higher than longer-term yields as an inverted yield curve, Neiron said. "Investors are increasingly looking for portfolio defence as inflation remains high and markets are volatile... Improving the credit quality of investors' fixed income sleeve ...

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... diesel excise and tobacco and alcohol excise. These constraints set the scene for the expenditure side of the ledger. Sure, defence spending is up 5% to $40 billion in 22-23, and projected to jump 22% by 2027, and education spending is up 6% to $48 billion ...

Federal budget 2023: Winners and losers

TOM WATSON  |  TUESDAY, 9 MAY 2023
... recommendation from the Fair Work Commission to increase award wages of over 250,000 workers in the aged care sector by 15%. Defence personnel: The government is set to spend $400 million to support the retention of Australian Defence Force members via ...

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... 2025-26. Nevertheless, the budget faces persistent structural spending pressures from fast-growing payment areas including in defence, health, aged care, the National Disability Insurance Scheme (NDIS) and interest payments. To address these challenges ...

Another round of consultation for veteran super taxation

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... v Douglas (Douglas decision). The Douglas decision found that certain veterans' invalidity pension payments in the Defence Force Retirement and Death Benefits (DFRDB) and Military Superannuation benefits (MSB) schemes are super lump sums for income ...

Former adviser jailed for nine years

KARREN VERGARA  |  MONDAY, 24 APR 2023
Former financial adviser Gavin Fineff has been sentenced to nine years in prison after a court determined he defrauded 12 clients $3.36 million. Fineff, who was working as a representative for Sentinel Wealth when the crimes took place, defrauded clients ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... we inherited from our predecessors," he said. "That is growing faster than the NDIS, aged care, healthcare and national defence. So, we do take those challenges seriously." Chalmers explained that in the near term the government expects budget pressure ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... tax collections as a share of the economy. In terms of spending reductions, it's recommended cutting spending on major defence and transport projects; undoing Western Australia's special deal on the GST; trimming spending on hospitals, pathology, and ...

We need to be ready: APRA

CASSANDRA BALDINI  |  WEDNESDAY, 29 MAR 2023
APRA is looking to further safeguard Australia's banking system following recent global events, warning economic ripple effects can still be felt across the pond. In an address on Tuesday, APRA chair John Lonsdale said no matter how resilient the ...

NGS Super suffers cyber-attack

JAMIE WILLIAMSON  |  MONDAY, 27 MAR 2023
Some NGS Super members have had their private data compromised in an attack on the fund's systems. The fund was the victim of a cyber-attack on Friday, March 17 during which some of its systems were accessed. The fund said they were only accessed ...