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Showing 141 - 150 of 662 results for "expenditure"

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
... additional form-filling burdens that overlap. Verdnik said trustees are already good at documenting the reasons for their expenditure and undertaking analysis and commercial justification on why they were embarking on major projects. "The new law will ...

Australian Ethical continues growth trajectory

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 FEB 2021
... McMurdo said. "The second half of the financial year will be impacted by higher operating expenses, due to timing of expenditure, as well as increased investment in capability, strategic initiatives and regulatory projects as we continue to position ...

Woodside results vindicate divestment argument: Activists

ELIZABETH MCARTHUR  |  FRIDAY, 19 FEB 2021
... Woodside's annual general meeting, requesting that the company disclose information that demonstrates how its expenditure and operations will be managed in a manger consistent with the Paris Agreement. "The decline in oil and gas use required to ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... profit-making company or a trade union and employer group," Loane said. Scheerlinck is concerned about the lack details around expenditure, which gives the government power to ban super fund investment or expenditure regardless of whether it is in members' ...

SMSFs primed for best financial interests duty

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
... interest rules aim to make trustees more accountable about decisions they make around day-to-day operational fund expenditure, investing members' money, strategic decisions and discretionary spending. "Given that members of an SMSF are also the trustees ...

ASX profits slide, names chair

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
... trading pushed revenue growth up 5.2% in the information services business. The ASX increased its full-year capital expenditure guidance to between $110 million and $115 million after recording $54.5 million for the half. This is to cater for higher ...

The trouble with best financial interests duty

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... legislation will also focus on how trustees spend members' money - justifying what is essential and non-essential expenditure. Scott Connolly, assistant secretary of the ACTU, said that there is a specific exclusion of dividend payments to parent companies ...

ISA ramps up campaign against super reforms

ELIZA BAVIN  |  MONDAY, 14 DEC 2020
... profits are excluded from the revamped member's best financial interest test, which reverses the onus of proof if fund expenditure or investments are challenged by regulators. The result of which, ISA said, is that billions in mark-ups that for-profit ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... money is used to operate on a day-to-day basis and how it is invested. The regulation aims to curb "inappropriate expenditure" on items like advertising, sponsorships and corporate entertainment, which "risks compromising member outcomes and eroding ...

Chief economist update: Australian capex in COVID-19's shadow

BENJAMIN ONG  |  FRIDAY, 27 NOV 2020
... markets expended much speculation on the outcome of the Australian Bureau of Statistics' (ABS) "Private New Capital Expenditure and Expected Expenditure" quarterly survey, for not only does it provide an indication of domestic firms' optimism ...