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Showing 191 - 200 of 2469 results for "Budget"

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... undermining Australians' home ownership prospects, slash retirement savings, and come at a significant cost to the Budget, according to a Corinna Economic Advisory report by Saul Eslake. In the report commissioned by the Super Members Council (SMC) ...

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
... and non-concessional contribution caps. The draft regulations, which expand on and support implementation of the 2021-22 Budget measure to allow individuals to exit certain legacy retirement products, is open for consultation until October 8.

China to raise retirement age from 2025

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
... China will begin "gradually raising" the national retirement age from next year as it looks to stretch a dwindling pension budget further to sustain its ageing population. The country has approved proposals to raise the statutory retirement age gradually ...

VanEck to launch defence ETF

ANDREW MCKEAN  |  MONDAY, 9 SEP 2024
... security as international peacekeeping has deteriorated. Australia has also committed to increasing its defence spending. Budget papers show that by 2033-34, defence spending will reach $100 billion (around 2.3% of GDP), up from last year's record ...

More to do in the fight against inflation: Chalmers

ELIZA BAVIN  |  TUESDAY, 3 SEP 2024
... government is rolling out a host of measures to provide cost-of-living relief to Australians. As previously flagged in the Budget, from this month the government will provide more help for renters, pensioners and reduce the cost of medicines for all. ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
Australians' pay packets grew by 0.7% in the June quarter, the latest Australian Bureau of Statistics (ABS) shows, down 0.9% from the prior quarter. Annually, the rate of growth for wages in the private sector was 4.1%, down from three consecutive ...

Chief financial officer roles 'widely ambiguous': Research

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
... in particular balancing the role of controllership versus business partner, reporting information and analysis, managing budget and cost expectations, and building trust between their role and the wider organisation. "Faced with these conflicting expectations ...

IFM, ASX-listed firms bet on renewable fuels

KARREN VERGARA  |  TUESDAY, 30 JUL 2024
... feedstock producers, with the benefits flowing on to regional communities and consumers," Spurway said. In the 2024-25 Budget, the government floated new measures to accelerate the super industry's investment in Australia's energy transition ...

CalSTRS creates Total Fund Management division

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
The California State Teachers Retirement System (CalSTRS) has established a Total Fund Management division, according to its latest Investments Branch business plan. CalSTRS chief investment officer Scott Chan, who took on the role this month following ...

Canned 'golden visas' ruffle fund managers

KARREN VERGARA  |  THURSDAY, 18 JUL 2024
... Program (BIIP), which comprises three major visa streams that provided a pathway to residency in Australia, in the 2024-25 Budget. It allocated $1.4 million to roll out the changes, which are part of its shake-up of the broader migration system. Instead ...