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Showing 111 - 120 of 1614 results for "Majority of"

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... members will save about $100 per year after the reductions, while some will save as much as $375. MLC Super said the majority of members in its MLC MasterKey and Plum range will pay less in administration fees from October 1. MLC general manager, workplace ...

AMP hires GM risk, compliance

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... performance. Prior to spending about 18 months at NAB, Reece spent more than five years at the Westpac Group, the majority of which she served as BT Financial Group's head of risk and compliance for superannuation, investments, platforms, and operations. ...

SPAC acquires Australian Food & Agriculture

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
A Nasdaq-listed firm is set to acquire the Australian Food & Agriculture Company (AFA) for $780 million, the majority of which is owned by members of the Bell family and Alastair Provan. Agriculture & Natural Solutions Acquisition Corporation (ANSC) ...

Consultation begins on new merger notification thresholds

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
... the business community, regulators and others to ensure we strike the right balance. They'll make it easier for the majority of mergers to be approved quickly, so the ACCC can focus on the minority that give rise to competition concerns," Chalmers said. ...

Super on parental leave bill hits parliament

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... and taxed at the current superannuation tax rate of 15%. Some 180,000 families access the scheme each year; the vast majority of individuals who receive Paid Parental Leave payments are women. Modelling from Laneway Analytics shows Australian mothers ...

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... $2.4 billion. This was offset by acquisitions of $1.7 billion and capex and development spend of $0.5 billion. The majority of the group's FUM is invested in the office and industrial sectors of 31% respectively. Total revenue dipped 31% to $597.8 million ...

Independent MPs call for super reforms

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... appears this is a policy fudge to accommodate technical limitations in large APRA-regulated funds, when the overwhelming majority of these high balances are in SMSFs that could easily calculate their actual earnings and associated tax." The independent ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... spokesperson said. Nevertheless, Liberal senator Andrew Bragg contends that the $85 billion industry fund "should move" to a majority of independent directors. Bragg said "the Cbus/CFMEU scandal" demonstrates that union-dominated boards can't be ...

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... payment from $500 to $700. It said this change is projected to benefit an additional 1.2 million Australians, the majority of whom are women, young workers, and individuals from non-English speaking backgrounds, improving their financial security in ...

Family offices face more complex challenges: Ocorian

ANDREW MCKEAN  |  WEDNESDAY, 7 AUG 2024
... and expectations. The necessity of giving each family member a chance to be heard was highlighted by an overwhelming majority of respondents (86%). This was followed by ensuring their investment portfolio is properly managed and aligned with the risk ...