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Showing 481 - 490 of 7360 results for "System"

Up to two million Aussies could face super tax: FSC

MATTHEW WAI  |  FRIDAY, 6 JUN 2025
... unfairly target the future generation. "The superannuation industry recognises there is merit to ensuring the superannuation system remains fair and fiscally sustainable, however the government's current approach risks undermining consumer confidence ...

Aged care reforms pushed to November

JAMIE WILLIAMSON  |  THURSDAY, 5 JUN 2025
The government is delaying the implementation of the new Aged Care Act until November 1 following widespread concerns that stakeholders weren't given enough time to prepare. The new legislation was due to commence from 1 July 2025. Now, it will be effective ...

Super needs customised, personalised approach: FSC

KARREN VERGARA  |  WEDNESDAY, 4 JUN 2025
... infrastructure to support members through and into retirement," he said. Reardon noted this is where the major gap exists in the system. The first reason why it exists is because the industry grapples in the post-Royal Commission regulatory environment ...

Australia's billionaire boom branded 'morally wrong' by Oxfam

ANDREW MCKEAN  |  TUESDAY, 3 JUN 2025
... million, which is "an important step forward in reducing growing inequality." "To improve the integrity of our progressive tax system, we want to see superannuation and other tax loopholes closed for big corporations and the richest 1%," she said. "This ...

Life insurers report another profitable quarter

KARREN VERGARA  |  FRIDAY, 30 MAY 2025
The life insurance industry appears to have moved past its loss-making years, reporting a $332 million profit at the end of March, new APRA figures show. About $5.7 billion was generated in insurance revenue, marking a 3% rise from the December 2024 ...

Macquarie snaps up Brazil toll road system

MATTHEW WAI  |  FRIDAY, 30 MAY 2025
Macquarie Asset Management has acquired 100% of Monte Rodovias, a toll road portfolio platform in Brazil, via its managed funds with Macquarie Infrastructure Partners VI. The terms of the agreement were not disclosed. The platform comprises of the concessionaires ...

Aware Super beefs up sustainability team

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025
High-profile ethics and impact manager Desiree Lucchese has joined Aware Super as the reporting manager for climate change and sustainability. In her new role, Lucchese will blend technical expertise with change management to serve as a liaison across ...

Greenwashing remains an enforcement priority: ASIC

MICHELLE BALTAZAR  |  THURSDAY, 29 MAY 2025
... the auditor's report and, from March 2026 next year for Group 1 entities, a sustainability report. Under a phasing in system, Group 2 and Group 3 entities will submit their sustainability reports in July 2026 and July 2027 respectively. In March ...

BlackRock to list its first active ETF in Australia

MATTHEW WAI  |  THURSDAY, 29 MAY 2025
BlackRock Australia is set to launch its first local active ETF, bringing a US equities strategy. The iShares US Factor Rotation Active ETF (ASX: IACT), expected to list on the ASX in mid-June, is priced at 0.45%. It aims to outperform the broad US ...

ASIC tells super: 'You have everything you need to not fail'

ELIZA BAVIN  |  WEDNESDAY, 28 MAY 2025
ASIC commissioner Simone Constant has told Financial Standard the regulator has super funds in its sights for more than just claims handling delays. "The main focus is on member services more generally, this is a multi-year phased project" Constant ...