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Showing 91 - 100 of 1063 results for "coal"

Government to double tax for high super balances

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
The government will double the concessional tax rate for superannuation balances over $3 million, affecting 80,000 people or 0.5% of super accounts. Commencing 2025/26, superannuation earnings in the accumulation phase that exceed $3 million will face ...

Mercer embroiled in greenwashing allegations

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... sustainability' because they excluded investments in companies involved in carbon intensive fossil fuels like thermal coal," according to ASIC. Mercer told members on its website that certain companies were excluded in their investments, such as ...

Aussie equities withstand test of time: Report

CHLOE WALKER  |  MONDAY, 27 FEB 2023
... average of 0.6% p.a.," McAuley said. "Australia finds itself in the fortunate position of being the world's largest exporter of coal, iron ore, lead, rutile and zinc; and the second largest of gold and uranium. "More critically, we are the largest or ...

Recession risk for Australia minimal: Forum

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
... major economies like the US and EU. Other than the recently released December retail figures, Paton said any "canaries in the coal mine have been few". Other leading economists forecast that Australia will avoid a recession and experience positive economic ...

Australia likely to avoid recession: Oliver

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
... weakness in other countries," he said. "The return of Chinese students, tourists, and relaxation of export bans (notably on coal) could add around 1% to Australian growth spread over a couple of years." Oliver cited the rapid rebound of immigration and ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
The carve out from the Your Future, Your Super (YFYS) performance test for faith-based funds has been axed by the government, despite it being an election policy. In December 2021, the government said it would adjust the performance test to account ...

Experts weigh in on Brookfield bid for Origin

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2022
... and Spirit Super. APLNG is an owned by ConocoPhillips (47.5%), Origin and Sinopec (25%). APLNG includes the development of coal seam gas resources in the Surat and Bowen Basins, a 530 km transmission pipeline and a multi-train LNG facility near Gladstone. ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
The government has blamed its predecessor for inheriting a budget burdened by $1 trillion in gross debt and deficits projected for at least the next decade. Consequently, new fiscal policies have largely been offset for this year and the next. "We face ...

Primewest rebrands to Centuria

CHLOE WALKER  |  TUESDAY, 18 OCT 2022
The Perth-based real estate funds manager has formally adopted the brand of its parent company, Centuria Capital Group. The rebranding comes 13 months after the entities merged, marking the group's significant expansion throughout Western Australia. ...

BetaShares adds to thematic ETF lineup

CHLOE WALKER  |  MONDAY, 17 OCT 2022
... companies that receive material revenue from certain business activities, such as oil and gas production as well as thermal coal extraction. "We're excited to add XMET to our leading range of sustainability themed ETFs," BetaShares chief executive Alex ...