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Showing 111 - 120 of 258 results for "G. Government"

Defined benefit deficit at $182bn

ALEX DUNNIN  |  WEDNESDAY, 6 JUL 2016
Total defined benefit (DB) super liabilities across Australia stood at $340 billion, according to APRA figures. But this amount is backed by only $158 billion in net assets - amounting to a deficit of $182 billion. The announcement by the Queensland ...

Budget big picture

ALEX DUNNIN  |  TUESDAY, 3 MAY 2016
A budget deficit of $40 billion on its way down to just $6 billion in four years masks a massive 29% increase in tax revenue over the forward estimates, pointing to why Treasurer Scott Morrison has had to go after high-end superannuants and multi-nationals. ...

KPMG targets super to fix deficit

MARK SMITH  |  THURSDAY, 28 APR 2016
Superannuation tax concessions should be reduced to fix Australia's ballooning structural deficit, according to global audit, tax and advisory services provider KPMG. The company has specifically recommended that the annual income threshold at which ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 12 APR 2016
Australia housing finance The number of finance home loan approvals increased by 1.5% in the month of February, less than market expectations for a 2.2% lift but marks a strong rebound from the previous month's 4.4% decline. A 3.0% jump in the number ...

Government lagging on super policy: Labor

KERRIE SYDEE  |  TUESDAY, 5 APR 2016
Labor has named three key benchmarks that it will use to analyse the Federal Government's superannuation policy, arguing that the government needs to put its policy on the table for fair evaluation. Speaking at the FSC BT Political Breakfast series ...

Actuaries re-enter super housing debate

DARREN SNYDER  |  MONDAY, 14 MAR 2016
Unlocking wealth from the family home as a means to fulfill a greater retirement has again entered the public discourse. The Actuaries Institute has released a paper today that backs previous research suggesting the family home is not only a place to ...

Govt announces superannuation's objective

ALEX DUNNIN  |  WEDNESDAY, 9 MAR 2016
The government has released a discussion paper outlining the formal objective of Australia's superannuation system that it proposes to enshrine in legislation. The words the government is proposing are the same as those recommended by the Financial ...

Government help needed to remove innovation obstacles

MARK SMITH  |  TUESDAY, 23 FEB 2016
The Government should step in to boost investment in technology and innovation in the financial services sector by offering incentives and removing the biggest barriers, a panel of high profile professional investors has said. In a plenary session at ...

Who can dig a deeper hole?

BENJAMIN ONG  |  FRIDAY, 12 FEB 2016
Borrowers rejoice! Imagine how good it would be to have banks and other lending institutions pay you, I and Irene to take their money for whatever purpose we want to use them for - a facelift, a tummy tuck, education, holidays, a new car, another mortgage ...

QIC purchases New York shopping centre

DARREN SNYDER  |  WEDNESDAY, 3 FEB 2016
Giant Australian investment manager QIC has signaled further acquisitions in the US following its joint-venture purchase of Westchester's Ridge Hill retail shopping centre in New York. QIC announced the purchase of a 51% stake in the shopping centre ...