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Showing 131 - 140 of 2324 results for %22Federal Government%22

QIC braces against recession risks

ELIZABETH FRY  |  FRIDAY, 12 AUG 2022
... movements in financial markets is never easy, and no one has a crystal ball. We used to be in an environment where the US Federal Reserve was incredibly supportive of risk assets, she notes. "The Fed had inflation under control and was seeking to stimulate ...

US Senate passes $1tn Inflation Reduction Act

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
... drug prices and extends the Affordable Care Act program for three years. On the groundbreaking package, Ceres director of federal policy Zach Friedman commented: "The US Senate has put the nation on the cusp of achieving the most ambitious federal climate ...

Government strengthens multinationals tax laws

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... makes it harder for us to fund the things that we really care about health care and education and all of those federal government programs that we need to fund in the context of all of our other budget constraints." The changes contemplated in the issued ...

US enters recession - or does it?

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... "The decrease in real GDP reflected decreases in private inventory investment, residential fixed investment, federal government spending, state and local government spending, and non-residential fixed investment," the Bureau of Economic Analysis said. ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... activity continued to contribute to price rises for newly built dwellings." "Fewer grant payments made this quarter from the Federal government's HomeBuilder program and similar state-based housing construction programs also contributed to the rise." ...

Government moves to amend military super benefits tax

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
The government is introducing legislation that aims to ensure no veteran pays higher income taxes because of the Federal Court decision in Commissioner of Taxation V Douglas (the Douglas decision). The Douglas decision found that certain veterans' invalidity ...

Ministers told to divest shareholdings

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
Under a new code of conduct introduced by Prime Minister Anthony Albanese, federal ministers must divest any direct investments held outside of a public superannuation fund, listed managed funds and some trust arrangements. The code of conduct for ministers ...

AMP wants life insurance caps raised, fees lowered

CASSANDRA BALDINI  |  MONDAY, 27 JUN 2022
AMP has called for the federal government to review life insurance model fees and caps placed on financial advisers, warning the current climate will lead to an underinsured population. The wealth manager picked at old wounds in its submission to the ...

The first 30 years: Super's biggest changes

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
... as the single biggest change seen during that time. "What happened was the exact opposite of what they [the federal government] anticipated, and that was massive flows from retail funds into industry super," he said. "And I think that was the beginning ...

Systemic disadvantages create retirement insecurity: HESTA

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
... stakeholder efforts alone will only go so far in its support for the application of UNDRIP principles. "We are calling on federal and state governments to create legislation aligned with UNDRIP that will provide investors certainty about the level of ...