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Showing 241 - 250 of 2575 results for "Treasury"

$3m super tax will level playing field: Australia Institute

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
... retirement, it means Australian taxpayers are in effect funding the retirement of the very wealthiest in the country," he said. Treasury estimates that the concessions on superannuation earnings and contributions cost the government $51.7 billion in ...

BlackRock loses senior executive touted as Fink's successor

ANDREW MCKEAN  |  WEDNESDAY, 15 JAN 2025
... financial institutions. Before BlackRock, Wiedman was a senior advisor to the under secretary for domestic finance at the US Treasury. Wiedman's departure comes following the exit of Salim Ramji - another former potential successor - who took over as ...

Bitcoin returns 147%, outshines bull market

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... certainty and innovation," bitcoin.com.au chief executive Adrian Przelozny said. "We hope this renewed interest will prompt Treasury to accelerate the drafting of crypto regulations in Australia." Investors in gold and China equities were also rewarded ...

M&A and IPO the 'gamechangers' for 2025: Expert

MATTHEW WAI  |  FRIDAY, 20 DEC 2024
... The delisting is effective on or around December 27. McLean pointed to US deregulation and the recent passing of the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 in Australia which will play an important role in revitalising the ...

Super balances drive household wealth growth

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... ($44.7 billion), general government ($44.6 billion) and households ($19.2 billion). "Commonwealth government issuance of Treasury bonds was the highest since September quarter 2020, driven largely by increased funding requirements," Tan said.

TCorp returns 7%, AUM hits $110bn

KARREN VERGARA  |  WEDNESDAY, 18 DEC 2024
... period, it generated 7.5% p.a. for the State Super Trustee Selection (Defined Benefit) Portfolio and 8.4% p.a. for the Treasury Managed Fund. Some 17% or $19 billion of total AUM sits in unlisted assets. About $800 million is invested in unlisted property ...

Treasury flags $23bn in CGT benefits

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
Treasury has released its most recent Tax Expenditures and Insights Statement, which shows the government is bracing for a spike in Australians claiming investment tax breaks. The statement flagged those claiming capital gains tax (CGT) breaks in the ...

Chalmers unveils new-look RBA boards

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
Treasury has appointed two new members to the Reserve Bank of Australia's (RBA) monetary policy board as well as announcing who will take on roles on the governance board. This comes after a review of the RBA suggested splitting to board in two ...

FX expert jumps from Insight to HSBC

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... passive currency and chief dealer and as head of payments and FX at trading platform AXIchain. He was also manager of treasury sales for Sumitomo Mitsui Banking Corporation in Australia and a money market dealer at Korea Exchange Bank in London.

AFCA completes independent review of operations

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... Review Response Program, launched in response to 13 recommendations of the 2021 Independent Review of AFCA undertaken by Treasury, was led by deputy chief ombudsman June Smith. "We are proud to share the outcomes of this transformative program. This ...