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Showing 2371 - 2380 of 18113 results for "superannuation"

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... government provided clarity on the Non-Arm's Length Income (NALI) provisions related to expenditure incurred by superannuation funds - however, the industry says it requires further consideration. In last night's budget, the government proposed ...

ASIC, APRA reviewer deprioritised by government

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... ownership of companies and other legal vehicles, including trusts, and $5 million over five years to continue a superannuation consumer advocate to improve members' outcomes. This consumer advocate measure will be offset by an increase in the Superannuation ...

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... years of age. Chalmers boasted a small surplus but warned that a deficit in the short term is imminent. In the superannuation sector, Chalmers delivered no major surprises but flagged that the government will crack down on unpaid super and will put the ...

Supercharging Australia's climate investment action

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... mandatory climate-related financial disclosure requirements for large businesses and financial institutions including superannuation funds and investment managers. Abatement strategies utilised by these players will also be scrutinised more intensely ...

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... what the government is expecting, by 2027 the company tax share is projected to crash to just 19%. Reflecting low superannuation returns, which Rainmaker research shows are only now consistently back into positive territory following 2022 being negative ...

Federal budget 2023: Winners and losers

TOM WATSON  |  TUESDAY, 9 MAY 2023
... bills, and eligible small businesses up to $650. Workers receiving quarterly super: Workers who are currently paid superannuation installments from their employers on a quarterly basis will instead receive them in line with their salary or wages from ...

Australia's enviable debt levels

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... low annual deficits has major implications for Australia's fixed interest investment markets, and the nation's superannuation funds that would normally be expected to be major buyers. Note that if interest rates fall in the next few years, as the budget ...

Labor cracks down on unpaid super

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... federal government is clamping down on unpaid super, requiring employers to align the payment frequency of the Superannuation Guarantee (SG) with wages. Federal budget documents revealed that the government will proceed with its earlier decision to align ...

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... challenges, the government said it's taking steps to "strengthen the fiscal position". Measures include targeted superannuation concessions, which will reduce tax concessions available to individuals with balances over $3 million and a 15% global ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... "The funding will allow ASIC to increase its existing surveillance of suspected greenwashing by listed companies, superannuation funds and investment managers. ASIC will also be able to pursue larger and more complex matters, further clarifying the market ...