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Showing 581 - 590 of 2575 results for "Treasury"

New investment model for affordable housing proposed

ELIZABETH MCARTHUR  |  THURSDAY, 2 SEP 2021
... tax liability RTOs provide for cash payment from the Australian Tax Office. In this case, the payments would be made by Treasury. While it would be a new program in Australia, Hamilton cautioned that "the boost is not innovative", she argued it is one ...

Plan to increase competitiveness of managed funds

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
... government is rolling out its plan to increase the international competitiveness of Australia's managed funds sector. Treasury will begin consultation on finalising its Corporate Collective Investment Vehicles (CCIVs) regime. According to Treasurer Josh ...

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
... of asset purchases this year." This is in reference to the US$120bn in monthly asset purchases -- at least US$80bn in Treasury securities per month and at least US$40bn in agency mortgage-backed securities per month - the Fed has been making to support ...

Financial adviser levy to drop

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... including the introduction of a Single Disciplinary Body and a Compensation Scheme of Last Resort," Frydenberg and Hume said. Treasury will also review the ASIC Industry Funding Model, commencing in 2022, in consultation with the Department of Finance ...

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... Harmful Tax Practices raised concerns including about the lower tax rate during a review. On March 12 this year, the Treasury announced its intention to amend OBU in 2022-23. However, it said it would "consult with industry on alternative measures to ...

Franklin Templeton appoints unit registry provider

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... has appointed unit registry services provider across 57 funds in the legacy Legg Mason business, after RBC Investor and Treasury Services exited its Australian registry business. Franklin Templeton will continue to use Link Group as its unit registry ...

CSLR unfairly locks out some victims: Maurice Blackburn

ELIZABETH MCARTHUR  |  MONDAY, 16 AUG 2021
... Blackburn. Maurice Blackburn principal lawyer Josh Mennen raised concerns about the design of the CSLR in a submission to Treasury, noting that a significant number of consumers could be ineligible for compensation under the scheme. The CSLR as it is ...

Super fund reporting, auditing reform consultation opens

JAMIE WILLIAMSON  |  FRIDAY, 13 AUG 2021
... superannuation funds, with the government looking to implement a framework that is commensurate with the size of the sector. The Treasury Laws Amendment (Financial Reporting and Auditing Requirements for Registrable Superannuation Entities) Bill 2021 ...

NAB to buy Citigroup's Australian consumer banking business

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
... expected to join NAB. NAB said it expects the transaction to complete by March 2022, and that it needs approval from the Treasury, APRA and ACCC. Citigroup will continue to operate the consumer banking business until then.

Benchmarks for super property investments selected

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
Treasury has selected two MSCI indexes to serve as benchmarks for super funds investing in property under the Your Future, Your Super reforms. The MSCI/Mercer Australia Core Wholesale Monthly Property Fund Index and MSCI Australia Quarterly Private ...