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Showing 3981 - 3990 of 8182 results for "Institutional"

What the 2017 Budget means for you

DARREN SNYDER  |  TUESDAY, 9 MAY 2017
... losses to a new merged fund, and to defer taxations consequences on gains and losses from revenue and capital assets. Institutional investors will scrutinise and explore the government's infrastructure spending regime, which includes $75 billion in infrastructure ...

Government puts stopper on Future Fund drawdowns

ALEX BURKE  |  TUESDAY, 9 MAY 2017
... research, the Future Fund Management Agency was managing $146 billion as at 31 December 2016 and was Australia's largest institutional investment manager.

Government fintech agenda spotlights microbanking

ALEX BURKE  |  TUESDAY, 9 MAY 2017
The Federal Government will open the doors to disruption in the banking sector as part of changes to its revised fintech investment agenda. The 2017-18 Budget includes provisions for newer entrants into the banking industry, including the relaxing the ...

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
The major banks will be slugged $6.2 billion via a new levy to level the playing field for the banking sector. "This represents a fair additional contribution from our major banks and will assist with budget repair by at least $1.5 billion per year," ...

Increased APRA levies provide regulator with more power

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
New reporting measures to increase accountability for authorised deposit-taking institutions and their executives will be introduced by the Federal Government. The Australian Prudential Regulation Authority (APRA) has been allocated $28.6 million over ...

Infrastructure receives $75 billion boost

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
The Federal Government is looking to the private sector to help deliver "more innovative ways" to boost infrastructure funding. Delivering the 2017 Federal Budget, Treasurer Scott Morrison said the Government is expanding into equity and debt financing ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
The government is launching yet another inquiry that will investigate the level of competition across Australia's financial system. The Productivity Commission has been tasked to deliver better outcomes for consumers and small businesses, as well as ...

Strong quarter for CBA

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
The Commonwealth Bank of Australia reported a strong quarterly performance, according to a trading update released to the ASX. Assets under management rose by 6%, while funds under administration increased by 7% in the three months to March compared ...

APRA and ASIC launch insurance claims pilot

ALEX BURKE  |  TUESDAY, 9 MAY 2017
APRA and ASIC jointly launched the pilot phase of an initiative to raise standards of public claims reporting in the life insurance industry. The goal of the initiative, initially mooted in ASIC's REP 498 report in October 2016, is for the two regulators ...

Super associations unite to warn against 'political panel'

EMMA RAPAPORT  |  MONDAY, 8 MAY 2017
Industry associations across financial services have warned against the introduction of a government-appointed panel to select the eligibility of superannuation products for employer or employee choice. In various submissions to the Productivity Commission's ...