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Showing 161 - 170 of 1678 results for "Workers"

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... should," AustralianSuper said. The fund noted that the LISTO threshold has not been indexed for superannuation, meaning workers earning between $37,000 and $45,000 a year are paying the full rate of tax on their concessional super contributions despite ...

Housing construction lags broader economy by 49%: PC

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... productivity: Can we fix it? report calculates that the number of dwellings completed per hour by housing construction workers has declined by 53% since 1995. Conversely, labour productivity in the broader economy increased by 49% over the same period. ...

Senate calls to overhaul super fund boards

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... "This proposal is further evidence that Peter Dutton and the Coalition are unashamedly on the side of the big banks, not workers. When super funds allow workers to have a seat at the table, the evidence is clear, they generate higher returns - worth ...

Finance workers worry about job displacement from AI, government urged to take action

KARREN VERGARA  |  WEDNESDAY, 12 FEB 2025
... AI and automated decision making (ADM) systems may affect people seeking entry-level roles. It is imperative that young workers access fundamental education and training about the use of this technology." One recommendation is to amend the Fair Work ...

Almost half of HESTA members retire involuntarily

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... prepared by Evolved Thinking - surveyed more than 1800 pre-retirement health, aged care and community services (HACS) workers, which make up the majority of the fund's members. The research identified the complex process of planning for and entering ...

Cbus recruits lead for new core equities portfolio

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
... June 2024, 34% of Cbus' investment portfolio was managed internally. The industry fund for building and construction workers expects to grow its internal investment team of investment professionals from around 115 to 150 over the coming years. "The ...

Nest to acquire 10% stake in IFM Investors

ELIZA BAVIN, MATT TOLEDO  |  WEDNESDAY, 5 FEB 2025
... billion (£45.3 billion) in assets for 13.7 million members in its defined contribution pension; approximately one in three workers in the UK are expected to be a member of Nest by the end of the decade. Nest also announced it intends to invest $10 billion ...

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
... outlined 10 key recommendations. These recommendations included extending the superannuation guarantee to all under-18 workers, including those working less than 30 hours per week, with an appropriate transition period for businesses. "We represent over ...

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
Labor frontbencher, assistant treasurer and minister for financial services Stephen Jones is retiring from politics and will not contest the upcoming federal election. Jones spent 15 years as the member for Whitlam - covering Illawarra and the Southern ...

Hostplus names deputy CIO

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... of Con Michalakis who has taken on the top investment job at Funds SA. The $115 billion industry fund for hospitality workers confirmed that Orr will now serve as co-deputy chief investment officer alongside Greg Clerk. She will report to chief investment ...