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Showing 1661 - 1670 of 2576 results for "Treasury"

Stonger Super second tranche amendments released

CLAIRE MCGREAL  |  THURSDAY, 16 FEB 2012
... own right. It also provides details of the power for APRA to issue prudential standards in relation to superannuation. Treasury has also released an explanatory memorandum explaining how the reforms will apply to superannuation members, industry and ...

No time for FOFA impact statement: OBPR

MELANIE TIMBRELL  |  WEDNESDAY, 15 FEB 2012
... super were named as the six elements without an OBPR-passed RIS. When opposition senator Matthias Cormann referenced Treasury evidence that the breach was due to time pressures, McNamara confirmed some drafts had existed but timing was a factor in getting ...

Contrib caps improve super social equity

ALEX DUNNIN  |  WEDNESDAY, 15 FEB 2012
... regardless of income level, matching the $400,000 Mercer estimate released yesterday. The ASFA research paper dismisses the Treasury estimate that superannuation tax concessions cost $30 billion claiming the truer figure is more likely about $13 billion ...

Stronger Super makes trustee role unappealing: Mercer

ELISE BURGESS  |  THURSDAY, 9 FEB 2012
... Super legislation will make the role less appealing and raise costs, according to Mercer's submission to the Federal Treasury. In responding to the Exposure Draft: Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) Bill ...

Fears Volcker Rule will hit sovereign bond trading

ALEX DUNNIN  |  THURSDAY, 9 FEB 2012
... government. It was passed into law in 2010 after being co-sponsored by several US regulators including the US Department of Treasury's Office of the Comptroller of the Currency, the Federal Reserve Board and the Securities and Exchange Commission. The ...

Cutting super tax breaks unwise: SPAA

CLAIRE MCGREAL  |  TUESDAY, 7 FEB 2012
... gap between the rich and poor," said the Senator. "Tax breaks on superannuation cost the budget $30 billion a year, as Treasury's latest Tax Expenditure Statement [released 31/1/2012] showed, with almost half of the concessions on contributions going ...

Planners double allocation to term deposits

MELANIE TIMBRELL  |  FRIDAY, 3 FEB 2012
... should be locking in rates now to get certainty, ahead of banks dropping interest levels again," said Investec's head of treasury, Ivan Katz. The futures market is pricing in an 80% probability that the Reserve Bank of Australia will cut rates by 25 ...

Age Discrimination Commissioner to address WIS

RACHEL DAVIS  |  FRIDAY, 27 JAN 2012
... problems in ensuring financial security for older women in Australia. The lunch will be held on Monday 6 February at the Treasury Room, Intercontinental Hotel, Phillip Street, Sydney. Tickets are only on sale until Wednesday 1 February. Women in Super ...

Extending the extended extension

BENJAMIN ONG  |  FRIDAY, 27 JAN 2012
... announcement stoked confidence, Wall Street reversed its earlier downtrend after hearing the announcement and closed higher. US Treasury yields with three- to five-year maturities fell to 3-month lows. Ten-year yields only fell slightly perhaps reflecting ...

FOFA moderate and reasonable: ISN

CLAIRE MCGREAL  |  TUESDAY, 24 JAN 2012
... hearing she was surprised by the reaction. "It [the measure] was very well canvassed in the consultation meetings that Treasury undertook," said Campo. "It took me by surprise that it took anyone by surprise because I attended all the consultation panel ...