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Showing 1311 - 1320 of 10925 results for "Government"

Treasury consults again on FFSP exemptions

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
The government opened fresh consultation on its plans to introduce new licensing exemptions to foreign financial services providers. Treasury has opened consultation on Treasury Laws Amendment (Measures for Future Bills) Bill 2023: Licensing Exemptions ...

Government cracks down following PwC scandal

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
... the PwC scandal. In what's being called the biggest crackdown on tax agent misconduct in Australian history, the government has bumped up fines for advisers and firms that endorse tax exploitation schemes by 100%. As part of government reforms that ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... schemes that hold real property, the fact that they are subject to dual jurisdictions should be reviewed. The federal government has responsibility for regulating financial products while states and territories are responsible for real property. "The ...

Banking sector fears propel family offices towards metals

CHLOE WALKER  |  FRIDAY, 4 AUG 2023
... market volatility. Approximately three-quarters of family offices expect inflation to continue to surpass official government predictions for the next two years, with 15% even believing it will be substantially higher. Further, 90% of respondents anticipate ...

Should wealthy Aussies use super to fund aged care?

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... to use part of their superannuation for their personal aged care costs. The paper is expected to be submitted to the government's aged care task force today, with a key recommendation to allow super to be used to pay costs associated with aged care. ...

Mayfair 101 calls for senate inquiry into ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 2 AUG 2023
Mayfair 101 founder James Mawhinney believes the government should look into how ASIC's investigation into the firm was initiated and the speed at which it was carried out. Recent reports from The Australian suggest an email from John Hempton, founder ...

Fitch downgrades US credit rating

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
Fitch has downgraded the US's credit rating to AA+ from AAA, citing fiscal deterioration, a growing government debt burden, and an erosion of governance that has manifested in repeated debt limit standoffs. "Over the next decade, higher interest rates ...

QIC buys Packhorse's last pastoral property

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... Queensland last year. QIC noted both acquisitions were made possible through a "foundational investment from the Queensland government's land restoration fund." In May, Hancock Agriculture bought two of the properties, Ottley Station and Moolan Downs ...

AustralianSuper grows global team with numerous hires

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023
... appointed John Normand as head of investment strategy for Europe; Sujay Shah has taken on the role of head of internal government portfolios; Deborah Gilshan is the head of ESG and stewardship for Europe; William Manfield is the new head of group risk ...

Russell Investments reports super returns up to 13.5%

ANDREW MCKEAN  |  FRIDAY, 28 JUL 2023
... time, Russell Investments managing director Jodie Hampshire highlighted that with most Australians relying on a modest government pension, tools like GoalTracker are essential for ensuring individuals can define and work towards their desired retirement ...