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Showing 251 - 260 of 5384 results for "Federal"

Falcon Capital, First Guardian Master Fund set for liquidation

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... manager to director David Anderson's personal property. The regulator has put into motion the applications to the Federal Court while it continues to investigate allegations against the parties that allegedly failed to manage conflicts of interest. ...

Fixing retirement system an election priority: Grattan

JAMIE WILLIAMSON  |  MONDAY, 17 MAR 2025
... simplification of Australia's retirement income system, saying it should be a policy priority for whoever wins this year's federal election. Releasing its Orange Book 2025: Policy priorities for the federal government report, Grattan made several recommendations ...

Deficit to reach $26bn: Deloitte

KARREN VERGARA  |  MONDAY, 17 MAR 2025
The federal government's pre-election budget is expected to unveil an underlying cash deficit of $26.1 billion for the 2025 financial year, while revenues will deteriorate by $11.3 billion over four years, a new report from Deloitte shows. The deficit ...

Government releases draft payday super law

ANDREW MCKEAN  |  FRIDAY, 14 MAR 2025
... The government has released draft legislation to mandate payday super, a policy that was first flagged in the 2023-24 Federal Budget. The draft legislation stipulates that from 1 July 2026, employers must pay their employees' superannuation at the ...

Australia must focus on 'friend-shoring': UNSW

ELIZA BAVIN  |  THURSDAY, 13 MAR 2025
... highlighted the major economic policy challenges faced by Australia and made five key recommendations ahead of this year's federal election. The research found that navigating United States-China trade relations, reassessing immigration and high population ...

BUSSQ abandons appeal, concedes to licence conditions

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
BUSSQ has pulled the plug on its Federal Court appeal for a judicial review of APRA's additional licence conditions, caving to the regulator's edict. At the same time, APRA has tweaked the conditions it slapped on BUSSQ last August, which force ...

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON  |  WEDNESDAY, 12 MAR 2025
... to 7000 death benefit claims, with some beneficiaries left waiting four years for a payout. The regulator has commenced federal court proceedings against AustralianSuper, alleging the fund failed to process death benefit claims efficiently, honestly ...

Trade war intensifies: China, Canada respond to Trump's tariffs

ANDREW MCKEAN  |  WEDNESDAY, 5 MAR 2025
... countermeasures, imposing a 25% tariff on US$105 billion worth of US goods imported into the country. In addition to the federal response, several Canadian provinces have escalated their own measures, restricting procurement from US suppliers, scrapping ...

Freezing order slapped on First Guardian Master Fund, Falcon Capital

KARREN VERGARA  |  MONDAY, 3 MAR 2025
... interim orders to freeze the assets of David Anderson, who is the director of Falcon, as it continues its investigation. The Federal Court has stopped Falcon and Anderson from removing their property, including the property of First Guardian, from Australia. ...

'Less revenue for us': AustralianSuper on closing multiple accounts

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
... to the court to seek penalties, but ultimately it is the decision of the presiding judge. The exchange comes after the Federal Court fined the super fund $27 million for dragging its feet on a multiple account bungle that lasted more than four years. ...