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Showing 41 - 50 of 14024 results for "Down"

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
As the 2026 Budget promises "bold, broad and ambitious" tax reforms, in addition to easing cost-of-living pressures and strengthening fuel security, wealth managers decry investors and the economy will not come out on top. Last night, Treasurer Jim ...

Budget doubles down on housing supply with $2bn infrastructure push

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers unveiled a new $2 billion Local Infrastructure Fund aimed at accelerating housing delivery and easing development delays. The fund will support local governments and state utilities providers in delivering essential "last mile" ...

Chalmers chooses 'hard road of reform' in Budget

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
... responsible approach to finding savings and reprioritisations, spending restraint and banking all revenue upgrades." Debt is down a further $18 billion in 2026-27 than forecast in the mid-year, saving the government $70 billion in interest costs over ...

ASX not in a rush to pick next chief executive: Chair

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
... Yip will assume the role, effective May 29, after announcing in February that chief executive Helen Lofthouse would step down. The ASX said the appointment is intended to ensure leadership continuity during the transition period, with Yip bringing more ...

Calls for CGT, negative gearing reforms 'unanimous': Mulino

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... objectives. The Budget is expected to provide further detail on the governments approach when Treasurer Jim Chalmers hands down the measures tonight.

Product showcase: A guaranteed future

THE FINANCIAL STANDARD TEAM  |  MONDAY, 11 MAY 2026
The biggest risk to retirement may not be markets, but strategies that haven't kept pace with today's needs. For financial advisers who want to stay at the leading edge, Allianz Retire+ offers a compelling solution. Retirement income products ...

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
... safeguard of the best financial interests duty." He is concerned, however, that a simple reference portfolio approach could water down the test if it reduces accountability for superannuation funds. "Applying an investment performance and fees test to ...

Bell Financial looks to diversify revenue, targets 'holistic' strategy

RIDDHIMA TALWANI  |  FRIDAY, 8 MAY 2026
... market volatility impacting the broking business. The broking division's revenue across retail and institutional was down 23.5% year-on-year, dropping to $69.4 million. It had made an after-tax loss of $2.8 million. BFG co-chief executive Dean Davenport ...

TelstraSuper did fall foul of IDR obligations: Federal Court

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
... right to complain to the Australian Financial Complaints Authority (AFCA), the Federal Court found. In a judgment handed down on April 30, the Federal Court found TelstraSuper - which has since merged with Aware Super - did indeed fail to comply with ...

Digital asset adoption in SMSFs not a surprise: Burgess

MATTHEW WAI  |  THURSDAY, 7 MAY 2026
... emphasised many SMSFs would concentrate on a single asset due to value appreciation initially but diversify their portfolio down the track. Additionally, many would still have super in their APRA fund, utilising the SMSF as a broader "super diversification ...