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Showing 441 - 450 of 1323 results for "Stage 2"

ASFA proposes MySuper test

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
The Association of Superannuation Funds of Australia is suggesting an alternative one-off test to weed out underperforming default funds in place of the government's recent proposals. ASFA's Lifting the Bar proposal will examine MySuper products and ...

Global firm hires local distribution head

JAMIE WILLIAMSON  |  TUESDAY, 20 OCT 2020
As it progresses plans to grow its footprint in the Asia Pacific region, Federated Hermes has appointed three directors including Janus Henderson's head of institutional business to lead distribution in Australia and New Zealand. Based in Sydney, Gary ...

ISA calls for super tax reform

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
Industry Super Australia (ISA) has called for the stage two tax cuts to be matched by a change to the Low-Income Superannuation Tax Offset (LISTO) to help boost the retirement savings of women. ISA said this move could help add tens of thousands of ...

APRA rolls out new assessment model

ANNABELLE DICKSON  |  WEDNESDAY, 7 OCT 2020
The Australian Prudential Regulation Authority (APRA) has replaced its 18-year-old risk assessment model with a system that will better guide the intensity of the regulator's supervision. In a letter to banks, insurers and superannuation licensees ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
The government has implemented a raft of tax relief measures for individuals and businesses in the 2020/21 budget in an effort to boost consumption in the economy and support business investment. Over 99% of businesses will be able to write off the ...

Frydenberg bets on infrastructure for recovery

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
An additional $10 billion will help rebuild the nation's ageing infrastructure and ultimately create more jobs to stabilise the flailing economy, according to the Treasurer. Federal Treasurer Josh Frydenberg is hoping the infrastructure spent on ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
The government announced it would increase funding in housing and community amenities by 32.2% in 2020-21, but will then reduce that spending by 35.5% by 2023-24. It said the decrease will be primarily driven by the ending of the COVID-era HomeBuilder ...

Chief economist update: Morrison manufactures Australia's future

BENJAMIN ONG  |  FRIDAY, 2 OCT 2020
All good things must come to an end. For a moment in time, the world economy benefitted from increased globalisation underscored by both comparative advantage and just-in-time supply chain management, triggering product innovations, higher value-added ...

Lazard launches new fund

ELIZA BAVIN  |  THURSDAY, 1 OCT 2020
Lazard Asset Management has launched a new registered managed investment scheme, offering Australian investors access to a US$500 billion asset class. The Lazard Global Convertibles Fund offers exposure to a global portfolio of convertible bonds, with ...

Super-backed company develops COVID treatment

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
A biotech company backed by AustralianSuper, HESTA, Hostplus and Statewide Super has developed a new preventative treatment shown to reduce COVID-19 levels by up to 96%. The product, INNA-051, is being developed by Ena Respiratory, and works by stimulating ...