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Showing 111 - 120 of 671 results for "expenditure"

Small wins for some pensioners

CASSANDRA BALDINI  |  WEDNESDAY, 26 OCT 2022
... government clearly wants to reduce the deficit and make its financial position is stronger. It's not looking for extra expenditure, it's also recognising that there are financial pressures in terms of aged care and NDIS." "So instead of someone ...

Financial stress at record highs: AMP

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
... working are seemingly here to stay, easing the logistical pressure cooker for many families and reducing household expenditure." Owens upended that rising stress has been a catalyst for many Australians to engage with their finances. "More of us are ...

SMSFA calls for budget amendments

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... income (NALI) provisions with new principles was also pointed out. It said the introduction of the non-arm's length expenditure (NALE) rules from July 2018 will have far-reaching and unjustifiable consequences for superannuation. "The rules should ...

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
... extent the duty has required trustees to change their processes. It's also asking whether there is any particular expenditure that trustees are concerned about being able to demonstrate compliance with the duty. Financial Standard is the official ...

HESTA adds Woodside, Santos to climate watchlist

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... response from the companies on how their climate strategies align with a 1.5 degree pathway and how future capital expenditure will support a timely, equitable and orderly transition to a low carbon economy. Meanwhile, HESTA announced a new target to ...

Super fund disclosure rules finalised

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
Regulations relating to requirements for superannuation funds to disclose expenditures with the Annual Member's Meeting notice have been updated. Last month, the government published draft regulations for consultation. As previously reported by Financial ...

Mining vital to low carbon solutions: Fidelity

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
... political will and profound transformation in personal and corporate behaviour, as well as large outlays of capital expenditure in order to develop and scale up low-carbon technologies." Further, explaining a problematic paradox, Fidelity noted that ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... robust supervision, strengthening prudential standards and reinforcing minimum expectations. Particularly around fund expenditure including trustees' practices as they relate to their 'best financial interests duty' (BFID) obligations, investment ...

Philanthropist fund unveils new NFP partners

CHLOE WALKER  |  MONDAY, 8 AUG 2022
... the rates of ill mental health, self-harm and suicide among young people, despite a steady increase in government expenditure on mental healthcare services. In fact, the latest National Survey of Mental Health and Wellbeing shows 39.6% of 16-24-year-olds ...

APRA to improve strategic planning, member outcomes rules

JAMIE WILLIAMSON  |  MONDAY, 1 AUG 2022
... until later this year, APRA said proposals will likely include increasing the scope of permitted use. Finally, on expenditure management, APRA will consider the findings of the planned YFYS review and of last year's expenditure thematic review to inform ...