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Showing 321 - 330 of 2980 results for "Problem"

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
The government has blamed its predecessor for inheriting a budget burdened by $1 trillion in gross debt and deficits projected for at least the next decade. Consequently, new fiscal policies have largely been offset for this year and the next. "We face ...

Federal Budget is challenging: Economist

CHLOE WALKER  |  WEDNESDAY, 26 OCT 2022
... and across all types of taxes. "But longer-term national challenge is much bigger and more complex - and that's a problem."

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... endorses the Accord, he said. "We don't pretend that this Accord solves every issue, nor do we pretend we can solve this problem overnight," he said. "But this is a serious start - a serious agenda that will lead to more Australians knowing the security ...

AMP debuts hybrid retirement solution

ANDREW MCKEAN  |  TUESDAY, 18 OCT 2022
... retirement outcomes. AMP director of platforms Edwina Maloney explained that financial advisers have typically had the problem of only having account-based pensions at their disposal, not enabling them to manage longevity risk. Alternatively, while traditional ...

Perceived complexity hinders ag allocations

CHLOE WALKER  |  FRIDAY, 14 OCT 2022
... team," he said. "Because we see assets on behalf of our investors, that sort of solves what is conventionally the biggest problem and biggest limitation. A lot of people are excited to be involved, they just don't have any idea how they're going ...

PwC appoints chief economist for Australia

ANDREW MCKEAN  |  TUESDAY, 11 OCT 2022
PwC has appointed Amy Auster to the role of chief economist, succeeding Jeremy Thorpe who exits the position after six years. Auster has been a partner with PwC since last year, focused on consulting work to government and other public sector institutions. ...

Sustainable investment now mainstream: Survey

CHLOE WALKER  |  FRIDAY, 7 OCT 2022
... Social themes are the key priority for asset owners, increasing from 60% in 2021 to 73% in 2022. However, there is a data problem here. FTSE Russell said a barrier to increased adoption of social priorities is the availability of data and use of estimated ...

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 ...

Franking credit crackdown rife with unintended consequences: LICAT

ANDREW MCKEAN  |  WEDNESDAY, 28 SEP 2022
The Listed Investment Companies & Trusts Association (LICAT) has pulled no punches in its reprimand of the proposed legislative changes to franked distributions funded by capital raisings. In a submission to Treasury, LICAT explained that while there ...

ASIC updates remediation rules

CHLOE WALKER  |  TUESDAY, 27 SEP 2022
The corporate regular has refreshed guidance on remediation activities, as it reveals close to $2 billion in redress remains unpaid. Over the past six years, ASIC has overseen at least $5.6 billion in remediation for an estimated seven million consumers ...