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Showing 11 - 20 of 350 results for "US Government"

No systemic risk with SVB, but issues remain: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
The failure of Silicon Valley Bank (SVB) doesn't point to a systemic issue, however the banking crisis in the US may be far from over, experts say. The failure of SVB was mainly due to an asset-liability mismatch, which resulted in material losses ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... and security of HSBC. We warmly welcome SVB UK colleagues to HSBC, we are excited to start working with them." The US government and regulators are trying to understand what led to the second biggest bank crash in its history. Overnight the Federal Reserve ...

The super investments driving future economic growth

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
Superannuation infrastructure investments will support sustainable economic growth and better living standards for Australians, an ASFA report finds. The ASFA Superannuation and the economy: Energy infrastructure research paper said superannuation will ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
The government has released a draft objective for superannuation to deliver sustainable retirement income. The proposed objective, which is open for consultation, is to preserve savings to deliver income for a dignified retirement, with government support ...

Sun Venture makes first purchase down under

CHLOE WALKER  |  FRIDAY, 10 FEB 2023
... Capital bought it for $60 million. According to Sumner Capital's website, 60% of the office space is leased to the US government on a 12-year contract, while 30% is rented by a global corporate. It was previously leased by NAB. According to Sun Venture ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... charges brought by the US regulator over failures involving ESG research used to select investments. It comes as the US government reverses limitations placed on some pension funds in relation to ESG investing by the Trump Administration. In conduct ...

Government scraps legacy tax, super measures

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
A range of tax and superannuation changes that were announced by the previous government but never legislated have been scrapped by the Labor government. To provide certainty to industry and those that would have been impacted by the measures, the government ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
Members of funds that failed the inaugural Your Future, Your Super (YFYS) performance test aren't leaving, with new modelling showing just 10% have found a new fund. According to Industry Super Australia (ISA) analysis, only 10% of members switched ...

Global X drops management fees

CHLOE WALKER  |  WEDNESDAY, 12 OCT 2022
... (Currency Hedged) tracks the iBoxx $ Treasuries Total Return Index, hedged into Australian dollars. The market for US government debt is the deepest and most liquid of any type of financial instrument, with more than US$23 trillion of outstanding Treasuries. ...

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
The blind rush to consolidate that gripped the $3.4 trillion superannuation sector in recent times may be finally over, according to First Super chief executive Bill Watson. Instead of seeing big funds gobbling up smaller rivals, Watson expects more ...