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Showing 491 - 500 of 1264 results for "Federal Government"

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
The Federal Government is powering ahead with further changes to Australia's $2 trillion superannuation system, garnering support from across the industry. The latest proposals will see the prudential regulator (APRA) be responsible for making it easier ...

Government shows commitment to funds management

EMMA RAPAPORT  |  WEDNESDAY, 19 JUL 2017
Australian fund managers could see additional offshore funds flow into the sector following the Federal Government's commitment to clarify two key pieces of taxation policy. Announced by Minister for Revenue and Financial Services Kelly O'Dwyer this ...

Government cracks down on salary sacrifice loophole

EMMA RAPAPORT  |  FRIDAY, 14 JUL 2017
The Federal Government will take action to close a loophole that allowed employers to short-change employees who chose to make salary sacrifice contributions to their superannuation accounts. The move follows the release of a Superannuation Guarantee ...

Government closes super loophole

EMMA RAPAPORT  |  MONDAY, 10 JUL 2017
... superannuation income stream by electing to treat income as a series of lump sum payments has been closed by the Federal Government. The closure, announced on 3 May 2016 as part of the 2016/17 Federal Budget, came into effect from 1 July 2017 and is ...

Super funds fight for financial inclusion

EMMA RAPAPORT  |  FRIDAY, 23 JUN 2017
... family violence, a key driver of homelessness and poverty among women. Earlier this week the fund called on the Federal Government to change the rules and allow family violence victims and survivors early access to their superannuation on compassionate ...

Industry supports super threshold removal

EMMA RAPAPORT  |  TUESDAY, 20 JUN 2017
... Senators to remove the income threshold for compulsory superannuation contributions, and is calling on the Federal Government to do the same. Cbus chief executive David Atkin called the threshold "unfair", especially for low-paid workers, and noted its ...

HESTA calls for access to super for family violence victims

EMMA RAPAPORT  |  MONDAY, 19 JUN 2017
Industry super fund HESTA is calling on the Federal Government to change the rules and allow family violence victims and survivors access to their superannuation. The fund, along with others in the community sector including Financial Counselling Australia ...

Major US pension fund divests Australian coal

EMMA RAPAPORT  |  WEDNESDAY, 14 JUN 2017
... will not tolerate the deleterious effects of climate change, regardless of the recent actions taken by the federal government," CalSTRS investment committee chair Harry Keiley said. "In just the past year, we have consistently reinforced our unwavering ...

Super funds and CEFC join investment forces

KARREN VERGARA  |  MONDAY, 5 JUN 2017
... energy solutions." Last week the CEFC was given a green light to invest in carbon capture and storage. The Federal Government removed a legislative prohibition to enable CEFC to invest in carbon capture and storage (CCS) technology which can reduce emissions ...

Future Fund investment mandate revised

DARREN SNYDER  |  THURSDAY, 25 MAY 2017
... Fund will have an investment mandate that targets a return of CPI plus four to five per cent. Overnight the Federal Government registered a revised investment mandate for the Future Fund, better reflecting global investment market conditions and outlook. ...