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Showing 271 - 280 of 4612 results for "Raise"

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... wages by up to 4%." On the education front, students will see a 20% cut to all student loan debts, and the government will raise the minimum repayment threshold and reduce repayment rates. On healthcare, the maximum price for a PBS script will be cut ...

Payday super on track, but so is the $3m super tax

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
A breakdown of government revenue revealed the superannuation sector will contribute $25.6 billion to the government's bottom line in 2025-26 - an uplift of $9.7 billion since the MYEFO from taxes on the sector. "The upgrade to superannuation fund ...

New tax cuts for every Australian 'a complete joke': UNSW

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... a few years' time," he said. Supplementing these tax measures, the government also announced it will retrospectively raise the Medicare levy low-income threshold by 4.7%, effective from 1 July 2024. Budget documents said this should help over a million ...

DBFO reforms package 'pretty disappointing': FAAA

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
The Financial Advice Association Australia (FAAA) has come out swinging against Treasury and its second tranche of draft Delivering Better Financial Outcomes (DBFO) reforms, saying it can't support them without "substantial change." FAAA chief executive ...

New impact fund backs marginalised female entrepreneurs

ANDREW MCKEAN  |  MONDAY, 24 MAR 2025
... fund, aimed at supporting marginalised female entrepreneurs across the Asia-Pacific region. The evergreenfund is seeking to raise $10 million from Australian wholesale investors, with a minimum investment of $20,000. The proceeds will be used to guarantee ...

Oreana targets early education assets with new fund

MATTHEW WAI  |  MONDAY, 24 MAR 2025
... fund targeting early education properties for wholesale and institutional investors. The fund is seeking an initial capital raise of $60 million to acquire a selection of early education assets in Australia over the next six months. Oreana has some 13 ...

Fixing retirement system an election priority: Grattan

JAMIE WILLIAMSON  |  MONDAY, 17 MAR 2025
The Grattan Institute is once again calling for the 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 ...

Beware creep of cancel culture into super fund governance: Lawyer

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
The prudential regulator is calling for the consideration of perceived conflicts of interest and reputational risks when appointing directors, and while it's easy to think of cases where this would be appropriate, Gilbert + Tobin partner Luke Barrett ...

JBWere nabs duo from Perpetual

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
The private wealth firm has snapped up two staffers from Perpetual - a senior wealth adviser and director of philanthropic services. Before joining JBWere, David Hurley was an associate Partner at Perpetual for more than seven years, providing investment ...

Super, insurance, and bank boards' 'poor practices' targeted by APRA

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
... marks the first "significant update" of its governance standards in more than a decade. The regulator said it's looking to raise the minimum standards for the fitness and propriety of responsible persons, requiring significant financial institutions ...