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Showing 41 - 50 of 10753 results for "Government"

Government to commit $3.7bn to strengthen aged care access

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The government will invest $3.7 billion to increase the supply of residential aged care accommodation, accelerate the release of Support at Home packages and enhance the quality and affordability of aged care services. In a direct response to the Residential ...

Chalmers chooses 'hard road of reform' in Budget

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers has unveiled the Federal Budget, delivering a deficit for 2026/27 of $31.5 billion, as the government prioritises reform over relief. The 2025/26 deficit came in at $28.3 billion, a far cry from the $36.8 billion that had been ...

Chalmers overhauls negative gearing, CGT discount

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... field for first home buyers." The 50% CGT discount will be replaced with inflation-adjusted indexation as the federal government seeks to restore the taxation of real gains. This takes back the CGT discount to the pre-1999 framework where the cost base ...

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

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... levers. And when we held the national Economic Roundtable, this was an issue where there were unanimous calls for the Government to have a good look at this," Mulino said. Mulino also signalled the government is prepared to use additional tax levers ...

Senate report backs removal 30-hour work threshold for SG

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... superannuation on every dollar earned and extending the Superannuation Guarantee to all under-18 workers. We urge the Government to now outline a plan to implement this change." Rest analysis found a typical 15-year-old member could accumulate an additional ...

Super funds welcome UK's Supers Unit to push investments

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
The Australian superannuation industry has welcomed the creation of a dedicated Supers Unit by the UK government, which will prove as a point of contact to help funds identify and progress investment opportunities in the UK. This follows a commitment ...

Macquarie Asset Management earnings soar to $2.6bn

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
... During the year, MAM's portfolio company Island Green Power secured a 20-year contract for difference from the UK government for its West Burton project and announced long-term financing for Nexamp, an owner of commercial and industrial solar projects ...

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
Treasury is addressing benchmarking-hugging incentives encouraged by the superannuation performance test in a new round of consultations that aim to overhaul several "unintended consequences" it has created over the last five years. Treasury acknowledges ...

Advice industry can't afford CSLR to be an 'unsustainable mess': FAAA

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
... misconduct of a tiny minority of advice businesses that have done the wrong thing." Advisers are now calling for the government to make significant changes to the CSLR scheme, with close to four in five (79%) urging to spread any special levy cost across ...

Lead generation a 'conveyor belt of harm': Longo

RIDDHIMA TALWANI  |  THURSDAY, 7 MAY 2026
... Longo strongly backed Treasury's ongoing consultation on lead generator and superannuation switching activities. The government wants feedback on prescribing certain lead generation activities as a type of financial service, where those activities influence ...