Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 231 - 240 of 320 results for "Taxpayers"

Lessons from US pension funds in crisis

MICHELLE BALTAZAR  |  MONDAY, 21 JUN 2010
... personal retirement plans accordingly. "The lack of transparency of state pension fund systems makes it more difficult for taxpayers to optimise their own portfolios and consumption choices over the life cycle." In response to these liability gaps, the ...

DiNapoli slams raid rumours

MEDIA RELEASE  |  THURSDAY, 17 JUN 2010
... pension systems. "My first job as state comptroller is to protect the one million members, and the rest of New York State taxpayers, from the irresponsibility that has left New Jersey, Illinois, California and dozens of other public pension funds across ...

MIT tax regime modernised and simplified

MICHELLE BALTAZAR  |  WEDNESDAY, 12 MAY 2010
... to less risk and less fees to the end-client. According to government data, there were 630,000 individual Australian taxpayers and 276,000 businesses and superannuation funds that received a distribution from a MIT in 2008. While the government accepted ...

Rules, rules, rules

BENJAMIN ONG  |  THURSDAY, 22 APR 2010
... squatting and weeping at the prospect that the deities of Capitol Hill would soon hand down the, "Thou shall not coveth taxpayers' money" commandment. The Commandment. US legislators are drawing up a bill setting up a mechanism for unwinding a company ...

NZ Super axes GMO mandates

MEDIA RELEASE  |  MONDAY, 19 APR 2010
... Fund, which commenced investing at the end of September 2003, is designed to reduce the tax burden on future New Zealand taxpayers of the cost of New Zealand superannuation. The fund will invest the money on a commercial basis and the government will ...

WA govt drops GESB mutualisation bid

MICHAEL HOBBS  |  FRIDAY, 16 APR 2010
... GESB members would have been exposed to higher fees and risk greater liabilities, said Buswell. It could have also cost taxpayers up $467 million, he added. "The Whithear Review validates the concerns of the then treasurer, Eric Ripper, who deferred ...

Co-contribs bungle is costing taxpayers: Hartsuyker

MICHAEL HOBBS  |  MONDAY, 12 APR 2010
The Australian Tax Office's superannuation co-contribution suspension could cost taxpayers at least $1 million, according to shadow minister, Luke Hartsuyker. Hartsuyker, shadow minister for consumer affairs, financial services, superannuation and corporate ...

Instos lobby for Main Street

COMPANY RELEASE  |  MONDAY, 22 MAR 2010
... restore confidence and integrity in the markets by backing laws that are in the best interests of business, investors and taxpayers - commenting that "it's about Main Street, not just Wall Street." In a press statement, Joe Dear, Council of Institutional ...

Happy birthday bull

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2010
... Jackson's 'Thriller', or Michael Jackson himself. Bloomberg reported that, in its attempt to secure more money from the US taxpayers (its fourth), AIG presented to the US government that a world without AIG would cause European banks needing to raise ...

Prudential back in town

MICHELLE BALTAZAR  |  TUESDAY, 2 MAR 2010
... initial public offering, we decided that a sale to Prudential enables AIG to realise value on a faster track to repay U.S. taxpayers," said Bob Benmosche, AIG president, in a statement. But the decision to sell AIA instead of an IPO raises questions ...