Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 169 results for "Govt"

Don't meddle with super industry bodies warn Govt

LAURA MILLAN  |  FRIDAY, 15 FEB 2013
Several industry bodies have joined the ever growing chorus of sentiment against a federal government making any changes to superannuation likely to negatively impact investors either saving for or currently in retirement. The Self Managed Superannuation ...

New super fund launch by SA Govt

MARK STORY  |  MONDAY, 14 JAN 2013
Super SA Select, a new SA government super fund which commenced on 1 January 2013 is targeting young workers, part-time and casual public sector employees. Designed to provide SA public sector employees with more choice for their super, Super SA members ...

Ex-Macq banker to head up Govt clean energy fund

BEN COLLINS  |  MONDAY, 26 NOV 2012
An ex-Macquarie banker starts work today as chief executive officer of the Federal Government's renewable energy investment vehicle, the Clean Energy Finance Corporation (CEFC). Oliver Yates will be the first chief executive of the fledgling fund, and ...

Govt to pay interest on lost Super funds

MARK SMITH  |  TUESDAY, 23 OCT 2012
The government has taken steps to ease the corrosive impact of fees and inflation on funds left in forgotten super accounts with new measures announced in its mid-year Budget update. The government has raised the threshold below which funds in inactive ...

FSC focuses FATCA talk on govt agreement

MELANIE TIMBRELL  |  WEDNESDAY, 18 JUL 2012
Financial Services Council chief John Brogden is back in Washington DC arguing for a country specific exemption for Australian super funds to avoid compliance burdens associated with the contentious FATCA regime. Under draft Foreign Account Tax Compliance ...

Govt targets early release schemes; defers SMSF transfer ban

MELANIE TIMBRELL  |  MONDAY, 16 JUL 2012
Promoters of illegal early release superannuation schemes will face tough penalties as part of the Government's Stronger Super reforms. Minister for superannuation, Bill Shorten, announced the crack down targeting schemes promoted as a means of accessing ...

NSW govt run annuity targets platforms

BEN COLLINS  |  MONDAY, 2 JUL 2012
The NSW government will target the platform market with an annuity product as a source of funds for infrastructure projects. The 'Waratah Annuity Bond' guaranteed debt instrument offers retail investors in Australia the opportunity to buy an annuity ...

Pool local govt infra projects to attract investors: E&Y

BEN COLLINS  |  TUESDAY, 19 JUN 2012
A study commissioned by the Commonwealth government into infrastructure financing has recommended the pooling of local council infrastructure project structures to make them more attractive to superannuation funds. The report by Ernst & Young suggests ...

Australia eyes Israeli super system

MELANIE TIMBRELL  |  FRIDAY, 11 MAY 2012
... fact-find on super investment in alternative asset classes. "As the pool of investable funds grows larger, thanks to the Gillard Govt's superannuation reforms, we think it is important that funds look beyond traditional assets classes. "However, we think ...

AMP: Govt rules dent super confidence

BEN COLLINS  |  FRIDAY, 11 MAY 2012
AMP chief executive Craig Dunn has warned about the impact continuous changes can have on consumer sentiment and confidence in the superannuation system. Speaking at the recent AMP AGM, chief executive Craig Dunn was optimistic about the benefits of ...