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Showing 121 - 130 of 2253 results for %22Budget%22

NGS Super taps Robeco for major equities mandate

RACHEL ALEMBAKIS  |  FRIDAY, 24 FEB 2023
... Hartmann said. "The aim is to meet the dual objectives of minimising carbon intensity whilst adhering to a tracking error budget." The enhanced index portfolio will result in a 40-50% carbon reduction with a 1% tracking error, Hartmann said. Removing ...

New front in super wars, stability at risk: Opposition

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... stability and certainty of Australia's superannuation system is at risk. The purpose of super is to take pressure off the budget, not supplement it, Taylor argued. "It was never envisioned that super be used to plug revenue gaps or to become an alternative ...

Minutes show RBA considered 50bp rise

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
The Reserve Bank of Australia contemplated raising interest rates by 50 basis points when it met earlier this month but ultimately determined the case for a 0.25% increase was stronger. In the February 7 meeting minutes released this morning, the RBA ...

Government progresses social housing measures

KARREN VERGARA  |  FRIDAY, 10 FEB 2023
... continue working hard to deliver on our reform agenda," Collins said. The initiatives were announced in the 2022-23 October Budget as part of the Safer and More Affordable Housing measure.

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
... who works full-time earns $263.90 less per week than a man working full-time. To address this issue, in last year's budget, the government said it's developing a National Strategy to guide whole-of-government actions to achieve the goal of Australia ...

The self-funded retiree is a misnomer: Institute

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2023
New research from The Australia Institute shows the cost to the federal budget of tax concessions is almost on par with the total cost of the Age Pension, with the think tank declaring the 'self-funded retiree' a misnomer. According to the insights ...

Inflation remains high priority in 2023: Treasurer

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
... on Sunday and said its going to be a big year. "Inflation is the government's main economic focus - it was in our first budget in October, and it will be in our second in May, as Katy Gallagher and I work closely with our colleagues to put it together," ...

Mercer proposes superannuation tax overhaul

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
Mercer has called for a fairer superannuation tax system, particularly for lower-income earners and women in its pre-budget submission. Mercer's proposed changes aim to improve the fairness of the super tax system, which currently has an inherent bias ...

All financial advice should be tax deductible: FPA

CASSANDRA BALDINI  |  FRIDAY, 3 FEB 2023
... is calling for the government to provide tax-deductible status to all financial advice, no matter the stage. In its pre-budget submission, the FPA acknowledged that the ATO is looking into the tax deductibility of financial advice and encouraged the ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... management at a time of growing uncertainty for the global economy. "The IMF has provided a glowing report card for our budget and our economic plan," Chalmers said. "The independent assessment from the IMF backs our strategy to build a stronger, more ...

Editor's Choice

NovaPort Capital team calls it a day

JAMIE WILLIAMSON  |   12:46PM
The team at small caps manager NovaPort Capital have decided to hang up their boots.

Industry fund merger postponed

ANDREW MCKEAN  |   12:37PM
Mine Super and TWUSUPER have reported "significant progress" towards their merger, but it has been pushed back.

Fidelity shutters, delists funds

KARREN VERGARA  |   12:34PM
Fidelity International is terminating an international fixed interest strategy that failed to scale, as well as delisting a managed fund.

Super funds to solve the housing crisis?

ANDREW MCKEAN  |   12:45PM
Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty said at the Australian Shareholders' Association Conference yesterday that addressing the supply side of the housing crisis requires an infusion of private capital.

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