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| | | The controversial $370 billion pact between the US, Australia, and the UK, or 'AUKUS', is being sold as a boon for the economy and nation-building exercise that will amplify defence capabilities and strengthen regional security. But is it all ... |
| | | | ... retirement, with many intending on working past the age of 65. However, ASFA chief executive Mary Delahunty said this presents a problem when it comes to accessing savings and the rules around drawing down on super need to be changed in recognition of ... |
| | | | ... back up after the GFC, with stimulus measures that were around 10% of GDP. "China is throwing around 2% of GDP at the problem. Nobody thinks that's enough and that's why the market is a bit skeptical," he said. "If China doesn't get serious ... |
| | | | My Dealer Services appointed Ashley Mahadeea to the role of head of strategy. Mahadeea is experienced in advising fintech start-ups on launch strategies, strategic planning, competitive analysis, and business development. He is also currently the national ... |
| | | | ASIC is seeking a major $27 million penalty against AustralianSuper in the Federal Court. ASIC alleges that, for almost 10 years, AustralianSuper failed to have adequate policies and procedures to identify members who held multiple AustralianSuper accounts ... |
| | | | The $3 million superannuation tax passed the lower house yesterday afternoon with a majority vote count of 52:9, however attempts to see the tax indexed were shot down. The Treasury Laws Amendment (Better Targeted Superannuation Concessions and Other ... |
| | | | ... annual income, not the size of their deposit. "Any additional capital given to homebuyers will only make the affordability problem worse for subsequent generations. There is a responsible way that super can be used for housing without increasing demand... ... |
| | | | The regulator's recent crackdown on risk and compliance in the sector has product issuers stuck between a rock and a hard place, with an extreme dearth of talent making it difficult for fund managers and super funds to meet ASIC's expectations. Earlier ... |
| | | | The Reserve Bank of Australia (RBA) and Treasury today released a report on central bank digital currency (CBDC), citing a three-year project is now underway for wholesale CBDC. In a thorough report, Central Bank Digital Currency and the Future of Digital ... |
| | | | ... backlog of need." Hayhurst said the announcement represents "solid progress" but said it will not fix Australia's housing problem overnight. "When you're tackling a housing crisis that has been decades in the making, the key is to show long-term ... |
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