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Showing 381 - 390 of 4377 results for "Commonwealth"

Ex-Vocus chair indicted for insider trading

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
... similar charges were dropped after a contested committal hearing in the Melbourne Magistrates' Court. However, the Commonwealth Director of Public Prosecutions (CDPP) formally indicted Bowen on May 10. Of note, the CDPP may directly indict an accused ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... that are struggling in the context of global economic conditions. "We especially applaud the budgeted increase of Commonwealth Rent Assistance (CRA) of 15% to Australians that need it the most to help them navigate this cost-of-living crisis which will ...

Federal budget 2023: Winners and losers

TOM WATSON  |  TUESDAY, 9 MAY 2023
... concession card holders up to $43.80 each year per medicine. Some renters: Around 1.1 million households receiving Commonwealth Rent Assistance will receive a 15% increase in their support payments, or up to $31 extra each fortnight. Income support recipients ...

Australia's enviable debt levels

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... relative debt position. At June end 2022, there was $895 billion in Australian government securities on issue by the Commonwealth government. State governments, according to Reserve Bank statistics, have about another $500 billion in bonds on issue ...

Labor strengthens economic equality initiatives

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... these eligible families," he said. In supporting a significant number of women, particularly older women, who rely on Commonwealth Rent Assistance, Labor will increase the maximum rates by 15%, costing about $2.7 billion over five years in order alleviate ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... Australia (RBA) is focused on cooling inflation, it's unlikely the May budget will look to boost the economy, Commonwealth Bank's Gareth Aird tells Financial Standard. Some were stumped this week after the RBA sent the cash rate up another 25 ...

Biggest super funds face human rights complaints

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... to the trustees of AMP, Australian Retirement Trust, Aware Super, Brighter Super, BT, Cbus, Colonial First State, Commonwealth Superannuation Corporation, Equipsuper, ESSSuper, GESB, HESTA, MLC Super, OnePath, State Super, Super SA, and UniSuper. Equity ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... times more likely to keep their savings in term deposits than younger Australians aged 18-29," Riley said. Meanwhile, Commonwealth Bank executive general manager Kate Crous commented: "Term deposits have maintained their appeal for customers seeking ...

Fraudster sentenced to eight years behind bars

CHLOE WALKER  |  MONDAY, 17 APR 2023
... were convinced to borrow against their homes to invest with the scheme companies. The matter was prosecuted by the Commonwealth Director of Public Prosecutions, in which Silver was set a non-parole period of two and a half years. In delivering the sentence ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... governments," he said. "And so, it wouldn't be an opportunity necessarily, at least not directly, to repair the Commonwealth budget and our priorities lie elsewhere." Chalmers explained a "modest" but "meaningful" change to superannuation tax breaks ...