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Showing 31 - 40 of 662 results for "expenditure"

Clime awarded $183m mandate from US firm

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... investment capability and resourcing for Clime's international investment team without a material change to revenue or expenditure. Clime managing director Michael Baragwanath said Clime is uniquely positioned to execute on the investment strategy. ...

RBA flags concerns over 'geopolitical uncertainties'

ELIZA BAVIN  |  WEDNESDAY, 2 APR 2025
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.1% at the April meeting - coming as little surprise to markets and economists. However, the central bank flagged ongoing uncertainty amid fears US tariffs could impact global growth. ...

APRA levy to cost $243m in FY26

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
... practices for platform products and address findings, as needed," Treasury said. Retirement outcomes, member outcomes, and expenditure are three other core areas of supervision. APRA warned it will "maintain intense scrutiny of fund-level expenditure ...

New tax cuts for every Australian 'a complete joke': UNSW

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... fooled... by so-called tax cuts. All it means is they're going to have to pay more taxes in future, because the expenditure is going up another $180 billion in losses coming up. So, the national debt is going to well exceed a trillion dollars, and ...

BUSSQ abandons appeal, concedes to licence conditions

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
... on BUSSQ last August, which force the fund to hire an independent party to probe its fit and proper processes and expenditure management practices. The regulator adjusted compliance timeframes to clarify "the operation of the conditions" and to ensure ...

Monetary policy not the only game in town: Brian Redican

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... standout thematic being their investment in artificial intelligence. He pointed to Meta's planned $65 billion in capital expenditure over the next year and Google's $75 billion, noting that with their "massive cash reserves," they don't need to borrow ...

Cbus faces fresh investigation over fund expenditure practices

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
... issues," along with the publication of a rectification plan by the fund to address its weaknesses in governance and expenditure processes - as identified by the Deloitte review, which was required under additional licence conditions imposed by the regulator. ...

BUSSQ loses legal bid to overturn additional licence conditions

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
... imposed additional licence conditions on BUSSQ's trustee over concerns about fitness and proprietary processes and fund expenditure management. At the same time, APRA cracked down on Cbus' trustee in response to allegations of "serious misconduct" within ...

Super fund promotional expenses balloon: APRA

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... $709,000, followed by TWU Superannuation Fund with $499,000 and Mine Super with $408,000. Overall, super funds' expenditure grew 15% in the year to $12.7 billion. This increase slightly exceeds growth in assets across the industry over the same period ...

AustralianSuper welcomes AI tech competition

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
... the long-term winners. New and more efficient competitors appear to have been underappreciated, while the capital expenditure requirements to succeed are perhaps underestimated." Padowitz warned that combining those factors with high valuations is a ...