Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 358 results for %22G7 OECD%22

Tax exemptions overwhelmingly benefit the wealthy: OECD

CHLOE WALKER  |  FRIDAY, 22 JUL 2022
An Organisation for Economic Co-operation and Development (OECD) report indicates that Australia's lack of capital gains tax has led to a monumental increase in house prices that have unfairly affected the less wealthy. The report states that between ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... Ukraine immediately slowed the recovery from the Covid pandemic and set the global economy on a course of lower growth, the OECD said. The intergovernmental organisation's latest economic outlook said global growth would decelerate to around 3% this ...

ASFA, Deloitte recommend group insurance changes

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
... permanent disability. However, even with insurance in super, Australia has lower levels of insurance than several comparable OECD economies. From a fiscal perspective, this has an adverse effect on the economy as insurance through super reduces the social ...

Fidelity moves on net zero

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... emission goals," Tan said. Further to this, the asset manager has committed to phasing out its exposure to thermal coal in OECD countries by 2030 and 2040 globally.

Australia improves super system quality

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
... the Netherlands were the best in show with 84.2 and 83.5 respectively. Thailand ranked the lowest at 40.6. The study showed OECD countries were prone to massive gender pension gaps, starting with Japan, which leads with a nearly 50% gap. Mexico, Austria ...

Recovery set to slow: OECD

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
... grips of the pandemic and suffered mildly compared to other countries, but the recovery will soon slow, according to the OECD. The OECD's Economic Survey of Australia projected GDP growth of 4.0% in 2021 and 3.3% in 2022, recovering from a drop of 2.5% ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... past decade," Fahy said. "The irony is that the financial performance of these products would be in the top quartile in many OECD countries." Good performers failed: Rainmaker Rainmaker Information said many MySuper products that failed the test today ...

KiwiSaver, NZ Super Fund architect remembered

JAMIE WILLIAMSON  |  FRIDAY, 20 AUG 2021
... has made in recent times." His tenure as Finance Minister also New Zealand have one of the lowest unemployment rates in the OECD, strong economic growth and one of the lowest levels of public debt in the world, he added. Chair of the Guardians of NZ ...

World Pension Alliance condemns COVID early release

KANIKA SOOD  |  THURSDAY, 19 AUG 2021
... serves as its president. WPA has sent an International Federation of Pension Fund Administrators (FIAP) endorsement to the OECD about the practice, just as Chile and Peru look to extend COVID pension withdrawal schemes. "Unrestricted withdrawal of pension ...

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... costs to be taxed at 10%, while the domestic income is taxed at 30%. The OBU regime has been in place since 1992. In 2018 the OECD's Forum on Harmful Tax Practices raised concerns including about the lower tax rate during a review. On March 12 this year ...