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Showing 281 - 290 of 3944 results for "Country"

Chalmers 'managing pressures' to shore up economy

ELIZA BAVIN  |  FRIDAY, 7 FEB 2025
... forward. Innovating and investing. Employing and upskilling," he said. "We want to work with you on the economy to take the country forwards, together. We know we wouldn't be approaching this soft landing without you. And we know that we can't ...

MLC Life recruits merger specialist

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
MLC Life Insurance has hired an integration specialist to execute its merger with Resolution Life Australasia to create the country's third-largest life insurer. As the general manager of integration, Peter Moutsatsos will lead a dedicated team ...

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
... some, such as Saudi Arabia's are on "the larger side," it will eventually catch it. "I think it's about time that this country had a sovereign wealth fund," he concluded. Bessent said that within the next year, the US will monetise the asset side ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... is not hyperbole to suggest that a figure of $70 million represents an existential threat for financial advice in this country." This will be determined by the relevant minister at the time. Assistant treasurer Stephen Jones this morning announced that ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... year, fewer than 20 were super-related transactions. "Superannuation funds are actually some of the safest places in the country to have your money," Delahunty said. "Unlike banks or other financial institutions, our superannuation funds are unique because ...

WA best performing state, but economic growth lags

MATTHEW WAI  |  TUESDAY, 28 JAN 2025
Western Australia snatched the title of the country's best performing economy in the September quarter, ranking first in five of the eight economic indicators assessed in the CommSec State of States report. The state claimed the top spot twice over ...

Fidelity picks Southeast Asia lead

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
Fidelity International has appointed Wildon Goh as head of Southeast Asia and country head of Singapore. Goh succeeds Sabrina Gan who left the firm in December to Goldman Sachs' client solutions group as head of third-party wealth in Southeast Asia. ...

Financial services deregulation boosts economy by $2bn: FSC

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
Reforms in funds management, financial advice, and superannuation will usher in an extra $1.7 billion per year to the economy and can make Australia a serious financial services hub, the Financial Services Council (FSC) says. New modelling shows that ...

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

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
... income before 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 ...

APG to invest exclusively for ABP

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
APG, the Netherlands' largest pension asset manager, will exclusively manage investments for ABP, the country's largest pension fund, starting around 2030. ABP, which owns 92% of APG, said the move aligns with its goal of achieving maximum investment ...