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Showing 1261 - 1270 of 10926 results for "Government"

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
The government has released a consultation paper today, inviting stakeholders to provide feedback on a proposed framework to synchronise superannuation payments with wages. The Securing Australians' Superannuation consultation paper also seeks feedback ...

Peter Costello steps down from Future Fund

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
Peter Costello has informed the government he will not pursue a third term as the chair of the Future Fund. A formal, merit-based search is now underway for a new chair of the $250 billion sovereign wealth fund, with the government viewing future board ...

Housing crisis costing Australia $64bn: Aware

CASSANDRA BALDINI  |  FRIDAY, 6 OCT 2023
... said more must be done and called for policy change. "We are absolutely calling for policy changes at every level of government to help reduce the cost of building these essential, affordable housing developments, to help lower the bar to entry for institutional ...

Farmers distressed by superannuation tax overhaul

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
... for the $3 million threshold in the draft laws could increasingly encroach on more farming assets in the future. The government claims the reforms will impact just 0.5% of superannuation account holders; however, ATO data suggests non-indexation might ...

Future Fund slapped with new disclosure rules

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
... existence has eroded and that in Australia's current economic straits, the most economically responsible action for a government to take is to liquidate, in an orderly manner, the holdings of the Future Funds and pay down debt. "With every additional ...

GESB debuts first sustainable option

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
... weapons, and nuclear weapons. GESB also excludes any equity securities or debt issued by Russian companies or the Russian government. However, this dedicated option takes the exclusions further. With the extent to which something is excluded differing ...

FIIG Securities picks Equity Trustees for new fund

CASSANDRA BALDINI  |  WEDNESDAY, 4 OCT 2023
... capital stability and income through a portfolio of investment-grade Australian fixed interest securities. This includes government and corporate bonds, mortgage-backed securities, asset-backed securities, cash, and enhanced cash instruments. The fund ...

Cbus scolded over 'most galling conflict' in super

ANDREW MCKEAN  |  TUESDAY, 3 OCT 2023
Senator Andrew Bragg has criticised "howling conflicts" between the government and super funds, spotlighting Wayne Swan's dual roles as Labor Party president and Cbus chair. Bragg highlighted newly released Freedom of Information documents that ...

Super funds offer merger update

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... treasurer and Treasury, the Commonwealth Banks Act 1959 was amended to allow for the continuation of the Commonwealth Government Guarantee for defined benefit members under ART. The Commonwealth Government Guarantee applies to those who were CBA Group ...

Super tax break changes open for consultation

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
... government's proposed objective of superannuation, to preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way." The consultation period runs until October 18. HLB Mann Judd ...