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Showing 511 - 520 of 1277 results for "Federal government"

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. ...

Advisers doubtful over super home deposit scheme

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
The practicality of the Federal Government's proposed first home superannuation saver scheme is raising concerns with several financial advisers. HLB Mann Judd wealth management manager Lindzi Caputo said there are still a lot of questions surrounding ...

Senior executives sworn to secrecy over bank levy

JAMIE WILLIAMSON  |  THURSDAY, 18 MAY 2017
... around the new bank levy. In what the Australian Bankers' Association has labelled an extraordinary move, the Federal Government yesterday forced senior bank executives to sign a confidentiality agreement before releasing draft legislation documents ...

Government trials social impact investments

KARREN VERGARA  |  THURSDAY, 11 MAY 2017
The Federal Government is pledging more than $30 million in social impact investments aiming to combat social and environmental issues, starting with youth homelessness. Treasurer Scott Morrison revealed in Tuesday's Budget his intentions to source ...

Another Budget, another promised surplus

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2017
... Budget, everywhere a Budget. Yes Virginia, it's Budget overload, there's wall to wall coverage of the Australian Federal government's 2017/18 Budget - before, during and after - its big reveal on the evening of the 10 May 2017. The overriding theme of ...

Financial dispute authorities combined for 'one-stop-shop'

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... compensation," Budget documents said. To ensure the AFCA delivers an effective dispute resolution service, the Federal Government will provide $4.3 million to the Australian Securities and Investments Commission (ASIC) over four years from 2017-18, including ...

Government puts stopper on Future Fund drawdowns

ALEX BURKE  |  TUESDAY, 9 MAY 2017
The Federal Government has said drawdowns from the Future Fund will not commence in 2020-21 in order to preserve returns. As per the Future Fund Act 2006, drawdowns from the Future Fund were expected to commence at this point to meet the unfunded liabilities ...

Government fintech agenda spotlights microbanking

ALEX BURKE  |  TUESDAY, 9 MAY 2017
The Federal Government will open the doors to disruption in the banking sector as part of changes to its revised fintech investment agenda. The 2017-18 Budget includes provisions for newer entrants into the banking industry, including the relaxing the ...