Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 328 results for "Taxpayers"

NZ Super Fund posts record returns

EMMA RAPAPORT  |  THURSDAY, 28 SEP 2017
... It should not, however, be measured on its short-term returns. We are here to create long-term value for New Zealand taxpayers," Savage said. "The fund has now returned 10.2% pa, more than double the cost to the Government of contributing to it (as measured ...

Labor takes aim at executive pay

EMMA RAPAPORT  |  WEDNESDAY, 6 SEP 2017
... reporting regime, but described these measures as "half-hearted" and "piecemeal". "The requests don't go far enough. Taxpayers foot the bill for these well-paid executives and have a right to know how much they receive," Chalmers said. "Only requirements ...

In-house investment bears fruit for AustralianSuper

DARREN SNYDER  |  FRIDAY, 28 JUL 2017
... Government to find more innovative solutions to meet the state's infrastructure and service needs at the best value to taxpayers."

Government cracks down on salary sacrifice loophole

EMMA RAPAPORT  |  FRIDAY, 14 JUL 2017
... unpaid super, still hasn't come to grips with the problem despite having the best data available to identify individual taxpayers at risk of underpayment," Industry Super Australia public affairs director Matthew Linden said. Linden made calls for new ...

ASIC enters new era as industry funding model passes

ALEX BURKE  |  FRIDAY, 16 JUN 2017
... benefits of the new model, including that entities regulated by ASIC will now bear the costs of regulation rather than taxpayers; that good conduct will drive down supervisory levies; and that ASIC's own transparency and accountability will be enhanced ...

Future Fund investment mandate revised

DARREN SNYDER  |  THURSDAY, 25 MAY 2017
... the view that maximising returns must be balanced against the need to minimise the probability of losses to protect taxpayers' investment in the Future Fund.

Big four hammer bank levy

ALEX BURKE  |  TUESDAY, 23 MAY 2017
... open letter that the new levy is "bad public policy that targets just five companies who are already among the largest taxpayers in Australia." Maxsted noted the levy doesn't apply to foreign banks, which would potentially give them a competitive advantage ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... regulatory framework. "Currently, major banks benefit from unfair regulatory capital settings and a free subsidy from taxpayers in the form of an implicit guarantee that significantly lowers their cost of funding," COBA chief executive Mark Degotardi ...

MySuper progresses to MyRetirement

DARREN SNYDER  |  FRIDAY, 16 DEC 2016
... older Australians. There are seldom other reforms that offer such large potential increases in income, without a cost to taxpayers." She pointed to the Financial System Inquiry (FSI) which noted that incomes from more innovative retirement income products ...

Pillar sold to Mercer

DARREN SNYDER  |  FRIDAY, 2 DEC 2016
... injections into the business. "Ongoing public ownership of Pillar was not in the interests of Pillar's clients, staff or NSW taxpayers. Mercer is better placed to invest in Pillar to ensure it continues to meet the needs of its superannuation clients ...