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Showing 301 - 310 of 2146 results for "Funding"

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
... higher. Treasury estimates that the super funds will have to fork out $73.7 million for APRA to supervise the sector. Funding from the superannuation industry represents 41.4% of total levies, Treasury calculated in its discussion paper. APRA will focus ...

How much do you need to retire in Australia?

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
The Association of Superannuation Funds Australia (ASFA) has revealed that the cost of funding a "comfortable retirement" has risen to a record high. ASFA said couples need $72,663 per year, while singles require $51,630 annually to experience a comfortable ...

EQT Mid-Market Growth Fund exceeds target

ANDREW MCKEAN  |  TUESDAY, 28 MAY 2024
... 2024. Despite this, only 9% of global capital went to Asia-focused funds in 2023. The MMG strategy aims to bridge this funding gap. MMG extends EQT Private Capital Asia's large-cap buyout strategy, focusing on mid-market control buyouts across Asia. ...

UK forewarns Australia on wholesale test changes

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
... raising similar alarm bells as the government touts overhauling wholesale investor tests that could result in channels of funding dry up. A recent Parliamentary Joint Committee on Corporations and Financial Services inquiry is considering a refresh of ...

Principal launches new fund

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
... infrastructure sectors," Principal global head of private markets Todd Everett said. "Constraints in traditional bank funding have opened the door for private investors to fill the financing gap. This capability will allow investors to access an opportunity ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... What's missing The Financial Advice Association Australia (FAAA) said its calls to fix the problems with the CSLR, ASIC funding levy, the financial advice exam cost and ATO portal access have been ignored in this year's Federal Budget. FAAA chief executive ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... government is working to finalise the new Eighth Community Pharmacy Agreement, supported by up to an additional $3 billion in funding, which will deliver cheaper medicines. As part of the agreement, instead of rising with inflation, there will be a one-year ...

Budget 2024: Additional $11.3bn promised for housing

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... million to support crisis and transitional housing. Another $1 billion will be invested to get homes built sooner with funding to go towards states and territories to build roads, sewers, energy, water, and community infrastructure needed for new homes ...

FAAA calls for 'fairness' ahead of Budget

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... Federal government to better manage costs across the Compensation Scheme of Last Resort (CSLR) and implement a fairer ASIC funding levy for advisers. In its pre-budget submission, the FAAA put forward six key items that it said would have a positive ...

Federal Court rejects two CBA class actions

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... invested by IMF, while Fund 3 had $30 million managed by Amitell Capital and $7.5 million invested by IMF for ongoing funding.