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Showing 21 - 30 of 662 results for "expenditure"

Australian Ethical Super handed extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 27 NOV 2025
... involved are in members' best financial interests. APRA reviewed Australian Ethical Superannuation's related-party expenditure and found deficiencies in the robustness of its approach, it said. In particular, APRA said the fund did not demonstrate "adequate ...

APRA to continue crackdown on super fund expenditure

ELIZA BAVIN  |  THURSDAY, 13 NOV 2025
... APRA has been concerned that some funds might not be meeting their best financial interest duty is in relation to expenditure decisions." Beverley-Smith referred to APRA's scrutiny in fund expenditure that was launched last year and which APRA now published ...

FEATURE: Fund admin | Tight Ship

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... past few years, largely driven by regulatory obligations, such as SPS515 Strategic Planning and Member Outcomes on expenditure management, as well as the Performance Test that includes administration costs. "Lower costs can flow through to the quality ...

Retirement lifestyle costs continue to rise: ASFA

MATTHEW WAI  |  THURSDAY, 11 SEP 2025
... annual budget for singles looking for a comfortable retirement also surged, up almost $1000 to $53,283. The annual expenditure for a modest retirement was $49,992 for couples and $34,522 for singles over the same period. Meantime, a single renter aged ...

Lederer Group bids for Elanor Commercial Property Fund

KARREN VERGARA  |  TUESDAY, 5 AUG 2025
... a new investment committee, which oversees material investment or divestment initiatives, "including major capital expenditure, and will make non-binding recommendations to the Responsible Entity in relation to those matters having regard to the best ...

Productivity Commission recommends corporate tax cut

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
... Under the recommendations, the cuts would be coupled with a new 5% net cashflow tax that supports companies' capital expenditure by allowing them to immediately deduct the full value of their investments. Together, the changes could increase investment ...

RBA delivers 'confounding' rates decision

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
... caution was understandable. "There is still significant uncertainty in the economy and that is holding back household expenditure and businesses investment. This sentiment won't change overnight, and lower interest rates alone may not be the answer," ...

BUSSQ's boardroom brass cleared, CFMEU spend deemed sound

ANDREW MCKEAN  |  WEDNESDAY, 2 JUL 2025
... by KPMG. BUSSQ was hit with additional licence conditions by APRA last year over concerns about its governance and expenditure practices, particularly its relationship with the CFMEU, and was therefore required to commission a review assessing the fitness ...

Super spending calls BFID compliance into question

JAMIE WILLIAMSON  |  TUESDAY, 24 JUN 2025
There is still much room for improvement when it comes to super funds' expenditure management practices, with APRA finding some RSEs caring more about competing with peers than members' best financial interests, others not having revisited historic ...

Super moves: TCorp, ESSSuper, Funds SA, Team Super

ELIZABETH FRY  |  THURSDAY, 5 JUN 2025
... the board and investment review committee. The role also involved collaboration on Pacific National's capital expenditure budget finalisation, providing Dai with practical experience in infrastructure investment evaluation. Additionally, his background ...