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| | | Contrary to most other years, the superannuation industry has escaped unscathed from the Federal Budget, but not everyone is happy about it. Last night's Federal Budget saw no major changes to superannuation, with the Association of Superannuation Funds ... |
| | | | APRA has named the superannuation funds it believes face immediate sustainability issues, with 38 of 78 funds declining on all metrics measured. APRA looked at the three sustainability metrics in the 2021 MySuper and Choice heatmaps; member accounts ... |
| | | | The 2022 Federal Budget delivered a cash splash for the defence forces and cost of living support, including a cut to the fuel excise. The deficit for 2022-23 is expected to be $78 billion, 3.4% of GDP. Treasurer Josh Frydenberg announced the fuel excise ... |
| | | | The new Federal Budget includes a series of measures aimed at addressing issues that impact women's health, safety and economic success. Most notably, the government has committed to modernising the Commonwealth Paid Parental Leave scheme - which currently ... |
| | | | ... approve payments to individuals under the Social Security Act 1991. Separately, the government maintains an Emergency Response Fund (ERF), but it is only able to draw $200 million from that fund each financial year under the legislation governing it. ... |
| | | | CBRE has announced an investment in venture capital firm Fifth Wall's Climate Technology Fund to enable the next generation of sustainability in commercial real estate. The fund invests in technologies that will contribute to the decarbonisation of ... |
| | | | Boutique investment manager Maple-Brown Abbott has lifted two small cap portfolio managers from AMP Capital. Phillip Hudak and Matt Griffin will join Maple-Brown Abbott as co-portfolio managers, Australian small companies, at the end of April. They ... |
| | | | HSBC Asset Management has a new listed infrastructure equity team and launched its first global listed infrastructure equity fund, with the team joining from AMP Capital. The team is led by Giuseppe Corona, head of listed infrastructure equity, and ... |
| | | | Chartered Accountants Australia and New Zealand (CA ANZ) has outlined 10 proposals put to the Treasurer in the lead up to the Federal Budget. First, CA ANZ wants to see the annual superannuation cap replaced with a lifetime contribution cap and provided ... |
| | | | Over 75% of the superannuation funds invited to take part in AvSuper's expression of interest process have done so, the fund says, as it welcomes an industry stalwart to its board to assist with the process. Providing an update to members, AvSuper chief ... |
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