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Showing 281 - 290 of 8061 results for "Today"

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

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... today's 25-year-olds are retiring, $3 million will not be considered a very high balance," Styles said. "Every young person today will now face the prospect of being penalised for working hard and achieving. This is un-Australian and disincentivises ...

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

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... lowering the rate on taxable income earned between $18,201 and $45,000 to 16%. When combined with the tax cuts announced today, the average annual tax cut for Australians will increase to $2229 in 2026-27 and $2548 in 2027-28 - about $50 per week. However ...

Splintered globalisation a boon for AI, metals, EVs: PGIM

KARREN VERGARA  |  MONDAY, 24 MAR 2025
... The report, A new era of globalisation, shows that countries that already have some manufacturing capabilities in place today are "often more attractive as friend- or near-shoring candidates in the future." Investors should consider industrial real estate ...

Mine Super and TWUSUPER merger official

KARREN VERGARA  |  FRIDAY, 21 MAR 2025
After a lengthy delay, Mine Super and TWUSUPER have officially merged to become the $22 billion Team Super as of today. The merged entity has 150,000 members and is led by chief executive Vasyl Nair. Seamus Collins acts as chief investment officer ...

Super fund consolidation to accelerate: Mercer

ANDREW MCKEAN  |  THURSDAY, 20 MAR 2025
... two-thirds. By that time, Mercer forecasts the number of funds managing less than $30 billion in assets will shrink from 50 today to around six, while the number of 'mega funds' managing over $100 billion is expected to rise from six to about 10. Meantime ...

Active Super fined $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... invested in tobacco and gambling companies such as Skycity Entertainment Group, Aristocrat Leisure, Amcor PLC, and Westrock Co. Today, Justice O'Callaghan slammed Active Super for its failure to have in place properly functioning systems and processes ...

Fixing retirement system an election priority: Grattan

JAMIE WILLIAMSON  |  MONDAY, 17 MAR 2025
... also wants to further curb "overly generous" superannuation tax breaks, with better targeted concessions which would save today's budget $10 billion a year and more in future. They currently total $52 billion a year or 2% of GDP, with two-thirds of the ...

Ord Minnett poaches Perpetual advisers amid hiring spree

ANDREW MCKEAN  |  MONDAY, 17 MAR 2025
Ord Minnett (Ords) has added nine new senior advisers to its ranks - seven from Perpetual and two from FIIG Securities - as part of a broader push to grow its client and adviser base. Former Perpetual partners Malissa Tobias, Mark Heffernan, and Con ...

Data is our biggest challenge: Aware Super

ELIZA BAVIN  |  TUESDAY, 11 MAR 2025
... management foundations and drive growth. Two years on from that discussion, speaking at the AM Tech Day event in Sydney today, Clavin said the fund faced an uphill battle at the beginning. "Data was probably our biggest challenge. There was a view that ...

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 ...