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Showing 291 - 300 of 2994 results for "Problem"

Superannuation changes limit tax benefits for top earners: ASFA

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
According to an ASFA report, the government's proposed superannuation changes will improve equity by curbing tax benefits for high-income earners. The introduction of higher taxation for balances exceeding $3 million is projected to lead to a 9.5% ...

Modern slavery on the rise a decade on from Rana Plaza

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023
... said. Taking a global view Modern slavery and wider human rights impacts are not limited to one country, but a global problem, and a risk facing many Australian companies through their extended supply chain. Baptist World Aid has released its 2022 Ethical ...

Top 10% pocket 93% of Australia's wealth: Research

CHLOE WALKER  |  WEDNESDAY, 12 APR 2023
... $180,000 receiving the lion's share of benefits while minimum wage workers get nothing", will only make the inequality problem worse. "Soaring energy prices have seen gas and electricity bills increase for average Australians, while super profits form ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... GDP, Grattan Institute said the government must cut wasteful spending and raise taxes as soon as possible, adding the problem will only get worse as the population ages and climate change worsens. Among its recommendations in Back in black: A menu of ...

It's not 2008, but there's likely more pain ahead: Iggo

CHLOE WALKER  |  TUESDAY, 28 MAR 2023
While it's not quite a repeat of the Global Financial Crisis, AXA IM's Chris Iggo has warned there may be more problems ahead as investors reconsider their holdings in banks and related assets. AXA IM's chief investment officer said the risk is also ...

Advice industry must change as population ages: Expert

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... away from a pretty standard financial advice model to something much more complicated, that of course runs into a major problem because regulators get nervous the more bespoke advice gets for understandable reasons." He said there is now a greater need ...

Still work to be done on group insurance: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAR 2023
... funds on key matters, like the use of the ADL definition or implications of occupational categories, as having been a problem previously. The review found most of the 15 trustees have taken steps to improve on this front. "The trustees in our review ...

Super funds have the power to make change: Advocates

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... "Older Australians, what do they have a lot more of? Potentially disabilities, as you get older long-term can become a problem. All the different diversity streams are affected by disability because it can happen to absolutely anybody at any time. That's ...

Professionalise sustainability within funds: Panel

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... but not doing it would cost more. "When the government's whitepaper first came out, everything was about the wicked problem of what it costs to act," she said. "Now we know the cost of not acting is many multiples greater." Financial Standard is ...

Future-proofing the super system: Rees

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
Speaking on a panel the first day of the Conference of Major Superannuation Funds (CMSF), MetLife head of external affairs and public policy Nathan Rees said that establishing an objective for superannuation will help to "future proof" the system. "The ...