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Showing 501 - 510 of 1277 results for "Federal government"

ACSI urges investor action on slavery, warns of financial risks

EMMA RAPAPORT  |  TUESDAY, 1 AUG 2017
The Australian Council of Superannuation Investors is urging the Federal Government to introduce laws requiring companies to report on the steps they are taking to ensure supply chains are free of slavery. This, according to ACSI, will enable increased ...

In-house investment bears fruit for AustralianSuper

DARREN SNYDER  |  FRIDAY, 28 JUL 2017
AustralianSuper chief executive Ian Silk has flagged expanding the fund's internal investment team to manage more than half of its rapidly growing asset base. Australia's largest superannuation fund has previously said it is aiming to manage between ...

Industry funds sign off on $45 billion merger

EMMA RAPAPORT  |  TUESDAY, 25 JUL 2017
... core, we are thrilled to embark on the next phase of our merger with Kinetic Super." The merger comes as the Federal Government has been actively encouraging consolidation in the industry, with the extension of the tax relief for merging funds extended ...

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 ...