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Showing 171 - 180 of 2609 results for "Treasury"

Kenya to establish sovereign wealth fund

JAMIE WILLIAMSON  |  TUESDAY, 28 OCT 2025
... will be seeded with $2.3 billion (Ksh200bn) in capital. In relation to strategic infrastructure investments, the Kenyan treasury said this may include but is not limited to agriculture, transport, housing, energy, water, and education and health investments. ...

APRA flags growing trustee complacency on retirement strategies

RIDDHIMA TALWANI  |  FRIDAY, 17 OCT 2025
... and will now publish fund-level data on retirement product investment returns and strategies. APRA will also work with Treasury to design a new reporting framework on retirement outcomes, which will commence in 2027. She also noted APRA's focus on balancing ...

Family trusts safe from reform for now: Mulino

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... would look to scale back the generous treatment of family trusts as part of its broader tax reform plans. According to Treasury, 1.7 million Australians received a collective $67 billion in trust distributions in 2024. In FY21, more than 10% of all Australians ...

Treasury unveils major super tax changes

JAMIE WILLIAMSON  |  MONDAY, 13 OCT 2025
... increments of $150,000, as with the Transfer Balance Cap. For the $10 million threshold, this will be in $500,000 increments. Treasury made clear the changes will not capture anyone the tax didn't already. AustralianSuper chief strategy officer Paula ...

Government reviewing $3m super tax

ELIZA BAVIN  |  FRIDAY, 10 OCT 2025
The deputy secretary of the revenue division with Treasury Diane Brown has told a Senate estimates hearing that the government is considering potential changes to Treasurer Jim Chalmers' controversial $3 million superannuation tax legislation. Brown ...

ASIC helping with law reform over Shield, First Guardian

ELIZA BAVIN  |  FRIDAY, 10 OCT 2025
ASIC chair Joe Longo has told a Senate estimates hearing that the corporate regulator is working closely with Treasury and the government on law reform in the wake of the Shield Master Fund and First Guardian Master Fund collapses. Longo said high risk ...

La Trobe appoints new liquidity chief

ANGELIQUE MINAS  |  THURSDAY, 9 OCT 2025
... Trobe) has named Dan Baker as the new chief liquidity officer. Baker brings over two decades of experience in liquidity, treasury, and market risk to the role. He joins La Trobe following his most recent role as the treasurer of Bank First and previously ...

Australia, UK regulators exchange insights

MATTHEW WAI  |  FRIDAY, 26 SEP 2025
... the inaugural UK-Australia Joint Financial Regulatory Forum. The virtual forum was chaired by director general of HM Treasury Gwyneth Nurse and Australian Treasury deputy secretary James Kelly, accompanied by representatives from the Bank of England ...

Draft laws for insurers' ban on use of genetic test results released

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
Treasury opened consultation on draft legislation to ban life insurers' use of genetic test results in underwriting. The release of the draft legislation follows the government's announcement in September 2024 that it would implement a total ban, following ...

Retirees should put 80% of balance into annuities: Grattan

RIDDHIMA TALWANI  |  THURSDAY, 25 SEP 2025
... place 80% of their super balance into an annuity, possibly offered by the government itself. In its submission to the Treasury consultation, it suggested that retirees should be guided by the government and super funds to use 80% of their balance exceeding ...