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Showing 401 - 410 of 17420 results for "Billion"

Future Group invests in energy transition with fresh mandate

MATTHEW WAI  |  WEDNESDAY, 13 MAY 2026
... Since its inception in 2012, I Squared has been investing across the energy transition value chain, deploying over $10 billion (US$7.2bn) across energy transition assets globally. The firm current has some $76 billion (US$55bn) in assets under management ...

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... investors following the collapses of First Guardian and Shield Master Funds. The aged care sector will receive a $3.7 billion boost to increase the supply of residential aged care accommodation, accelerate the release of Support at Home packages and ...

Industry welcomes government's productivity push

RIDDHIMA TALWANI  |  WEDNESDAY, 13 MAY 2026
... economic, environmental, geopolitical and social stresses." The government said it will reduce regulatory costs by $10.2 billion each year, boost long-run GDP by around $13 billion a year and promote $400 million more investment in R&D by young firms ...

Foreign investors housing ban extended

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... remaining for purchases that directly support housing supply. Alongside the tax measures, the government unveiled a new $2 billion Local Infrastructure Fund to help finance critical enabling infrastructure. The Local Infrastructure Fund aims to support ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... registered MISs used by retail investors following the collapses of First Guardian and Shield Master Funds, where over $1 billion of retirement savings were lost. The Super Members Council (SMC) welcomed the decision and highlighted the need for more ...

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... estimates there were 1.02 million registered trusts in the 2023 financial year that made total business income of $489 billion. While there are legitimate reasons to use trusts, such as succession planning and asset protection, Chalmers reasoned that ...

Budget doubles down on housing supply with $2bn infrastructure push

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers unveiled a new $2 billion Local Infrastructure Fund aimed at accelerating housing delivery and easing development delays. The fund will support local governments and state utilities providers in delivering essential "last mile" ...

Government plans 'standardised' assessment for NDIS

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
... requirements, slow rapid cost increases and address fraud. The changes are expected to reduce growth in NDIS payments by $37.8 billion over the next four years. "The government will design a standardised, evidence-based assessment of functional capacity ...

Government to commit $3.7bn to strengthen aged care access

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The government will invest $3.7 billion to increase the supply of residential aged care accommodation, accelerate the release of Support at Home packages and enhance the quality and affordability of aged care services. In a direct response to the Residential ...

Chalmers chooses 'hard road of reform' in Budget

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers has unveiled the Federal Budget, delivering a deficit for 2026/27 of $31.5 billion, as the government prioritises reform over relief. The 2025/26 deficit came in at $28.3 billion, a far cry from the $36.8 billion that had been ...