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Showing 391 - 400 of 1276 results for "Federal government"

Government to relax super work test

KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
The Federal Government is aiming to boost the superannuation balances of retirees by relaxing the super contributions work test for one year. To be able to make voluntary contributions to super, members aged 65 to 74 are generally required to work a ...

Retirement living advice is an opportunity: Challenger Financial Standard Technical Services Forum

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... various home support available to help advisers have a better conversation with retiree clients. This week, the Federal Government announced its intention to establish a Royal Commission into the aged care sector and is calling for elder financial abuse ...

IFM bids to build Melbourne Airport rail link

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
IFM Investors is part of a consortium seeking to fund and develop the long-awaited Melbourne Airport rail link. The $112 billion institutional fund manager partnered with Melbourne Airport, Metro Trains Australia and Southern Cross Station to form AirRail ...

Legislation lifts ASIC recruitment limitation

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
... recruit staff outside of the PSA. The move is based on a recommendation by the ASIC Capability Review, which the Federal Government said it welcomed in April 2016. Separately, Frydenberg announced this week a second deputy chair will join APRA incumbent ...

Government establishes aged care Royal Commission

HARRISON WORLEY  |  MONDAY, 17 SEP 2018
... at the newly established Royal Commission in to the aged care sector. Maurice Blackburn Lawyers welcomed the Federal Government's intention to establish a Royal Commission into the aged care sector and is calling for elder financial abuse to be scrutinised. ...

Instant asset write off extended

HARRISON WORLEY  |  THURSDAY, 13 SEP 2018
Financial advice and planning businesses are set to receive a boost with the extension of the Federal Government's $20,000 instant asset write off legislation passing through the Senate. Part of the Government's economic agenda to introduce tax cuts ...

Hostplus VC assets to hit $1bn

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... Biomedical Translation Fund, a $500 million venture capital fund. It's received a 50/50 share of equity from the Federal Government and private sector investors, which includes Hostplus. Brandon Capital, which Hostplus has a stake in, received $125 million ...

Super industry welcomes Age Pension backflip

HARRISON WORLEY  |  THURSDAY, 6 SEP 2018
Key superannuation industry bodies have welcomed the Federal Government's decision to back flip on its longstanding proposal to increase the Age Pension age to 70. ISA deputy chief executive Matt Linden said the peak body for industry superannuation ...

Managed accounts could outstrip super sector on CIPRs

KANIKA SOOD  |  WEDNESDAY, 5 SEP 2018
... but there is still a long wait for both, according to State Street Global Australia. In its May budget, the Federal Government said it would introduce a retirement income covenant requiring super fund trustees to offer Comprehensive Income Products for ...

Federal oversight of financial services sector clarified

JAMIE WILLIAMSON  |  TUESDAY, 4 SEP 2018
The Federal Government has confirmed who will be responsible for the financial services sector, including responding to the Royal Commission. Despite the ongoing Royal Commission and continued uncertainty within the sector, last month's Liberal ...