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Showing 21 - 30 of 1276 results for "Labor"

Sovereign funds, instos raise $217m for Qld space tech developer

MATTHEW WAI  |  WEDNESDAY, 21 JAN 2026
... funds. Both the National Reconstruction Fund and universal superannuation are products of ambitious and forward-looking Labor governments - focused on boosting Australian ingenuity, backing local ideas and creating good jobs in our regions." Meanwhile ...

Laws to limit US pension plans' use of ESG pass

JAMIE WILLIAMSON  |  FRIDAY, 16 JAN 2026
... saving for a brighter future." In December, US President Donald Trump issued an executive order directing the Department of Labor to "strengthen ERISA fiduciary rules and increase fiduciaries' transparency regarding their use of proxy advisors" to ...

SEC slams proxy adviser 'oligopoly,' urges AI use

KARREN VERGARA  |  MONDAY, 12 JAN 2026
... director of the SEC's division of investment management, said the sector has thrived since 1988, when the Department of Labor released its "Avon Letter." In it, the department asserted that "the fiduciary act of managing plan assets that are shares of ...

Mulino wants PII to step up to make CSLR sustainable

KARREN VERGARA  |  MONDAY, 15 DEC 2025
The professional indemnity insurance (PII) sector will be forced to play a bigger role in making the Compensation Scheme of Last Resort (CSLR) sustainable, Assistant Treasurer Daniel Mulino proposes, as the Opposition slams the scheme for "constantly ...

Praemium acquires Technotia Laboratories

ANGELIQUE MINAS  |  MONDAY, 15 DEC 2025
Praemium will buy advanced technology, and computing machinery and intelligence (CM&I) specialist Technotia Laboratories. Under the deal, Praemium will acquire 9,047,045 ordinary Technotia Laboratories shares at $0.829 per share, bringing the total ...

IMF tells Chalmers to curb spending

ELIZA BAVIN  |  FRIDAY, 21 NOV 2025
... but said comprehensive tax reform and greater spending efficiency are needed. "Inflation has declined significantly, the labor market is still strong, and private demand is recovering. The economy is gaining momentum, with growth forecast at 1.8% in ...

Hume's super sharing bill lashed in parliament

ELIZA BAVIN  |  FRIDAY, 7 NOV 2025
... which seeks to allow spouses to split superannuation annually during the accumulation phase, suffered major pushback from Labor senators on Wednesday. Speaking on her proposed reforms, Hume said: "This bill goes to the heart of fairness, equity and recognition ...

Payday Super laws passed

ELIZA BAVIN  |  TUESDAY, 4 NOV 2025
The Payday Super laws have successfully passed through the Senate today with the reforms being welcomed by the superannuation industry. The new laws are slated to come into effect on 1 July 2026. Association of Super Funds of Australia (ASFA) welcomed ...

Unclaimed super pot hits $19bn: ATO

ELIZA BAVIN  |  THURSDAY, 30 OCT 2025
The Australian Taxation Office (ATO) released new data revealing there is almost $19 billion in lost and unclaimed superannuation waiting to be claimed by over seven million people. ATO deputy commissioner Ben Kelly said there could be several reasons ...

Government's rush to implement Payday Super is 'reckless': Coalition

MATTHEW WAI  |  WEDNESDAY, 29 OCT 2025
Although Payday Super addresses critical issues, including the $5 billion in unpaid super, the Coalition believes the government's "rushed implementation" of the bill could hurt the economy. Payday Super, which is slated to come into effect on 1 July ...