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Showing 551 - 560 of 1323 results for "Stage 2"

APRA receives new super powers

KARREN VERGARA  |  FRIDAY, 5 APR 2019
The prudential regulator's powers have been bolstered thanks to new laws that will enable it to take tougher action on trustees and underperforming funds. The Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation ...

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
Delivering the 2019-20 Federal Budget tonight, Federal Treasurer Josh Frydenberg said the Government has made real progress but there is still work to be done. Off the bat, Frydenberg announced an expected surplus of $7.1 billion - the first surplus ...

Infrastructure gets $100 billion

KANIKA SOOD  |  TUESDAY, 2 APR 2019
The Government says it will put $100 billion towards key transportation infrastructure over the next decade. It adds $25 billion to last year's Budget commitment to spend $75 billion over 10 years in the area. "This includes $2 billion to help deliver ...

UK to introduce new pension scheme

KANIKA SOOD  |  TUESDAY, 19 MAR 2019
The UK has green flagged a new type of pension scheme on the back of union demand, joining Denmark and Netherlands which use a similar system. The new collective defined contribution (CDC) will allow employers to pool together group contributions while ...

Brookfield acquires 62% of Oaktree Capital

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
Brookfield Asset Management is set to acquire 62% of Oaktree Capital, creating a $672 billion alternative investment behemoth. The 120-year-old Canadian firm will pay roughly $6.8 billion for the stake in Oaktree Capital. Following the transaction ...

Swiss group acquires stake in local wealth firm

KANIKA SOOD  |  THURSDAY, 14 MAR 2019
A Swiss private banking group has bought a 51% share in an Aussie wealth firm, as the two form a long-term strategic partnership to expand globally. EFG International paid $61.2 million for the stake in Shaw and Partners, valuing the company at $120 ...

Couples need to talk money

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
New research from Westpac shows couples are struggling to discuss their financial matters. Westpac's Finance and Separation report shows that choosing to avoid discussions about their finances is a recurring theme among couples who have - or are considering ...

Macquarie chief executive on striking a balance

KANIKA SOOD  |  FRIDAY, 8 MAR 2019
At a recent Women in Super lunch, Shemara Wikramanayake spoke about how she managed competing commitments between raising a family and working her way up the corporate ladder at Macquarie Group. Wikramanayake has two children, now teenagers. Her husband ...

Financial concerns drive women to online investing

HARRISON WORLEY  |  FRIDAY, 8 MAR 2019
Women are more concerned about their financial future than men, while the number of women investing online has almost doubled in the last five years. On International Women's Day, Investment Trends research that shows about 150,000 women are using online ...

Gender pay gap should be government priority

KARREN VERGARA  |  FRIDAY, 8 MAR 2019
In light of the upcoming New Sales Wales and Federal elections, it's time for all levels of governments to prioritise closing the gender pay and investment gaps. This is according to Claire Braund, founder and director of Women on Boards, a global ...