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

Search Results

Showing 41 - 50 of 2869 results for %22Australia Post%22

Super bequest reform can boost charitable giving by billions: Report

ANDREW MCKEAN  |  TUESDAY, 24 OCT 2023
... giving by up to $21.9 billion annually by 2060. A report by Impact Economics and Policy, commissioned by Philanthropy Australia, says policy settings, particularly the imposition of a 17% tax on bequests to charities from superannuation, deter Australians ...

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
Life insurance profits in Australia have soared to $1.2 billion, doubling in the year to 30 June 2023, primarily due to gains in superannuation business, according to KPMG's annual market review. Risk products recorded a $400 million profit in FY23 ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
Challenger reported Total Life sales for the first quarter reached $2.8 billion, primarily driven by record annuity sales, contributing to substantial growth in its book value. The investment manager said annuity sales jumped by 17% to $2.1 billion ...

MaxCap, Australian Unity in social infrastructure partnership

CHLOE WALKER  |  FRIDAY, 13 OCT 2023
... Australian Unity and UniLodge to develop $1 billion of new purpose-built student accommodation (PBSA) assets across Australia. The social infrastructure strategy is focused on meeting the increasing demand for high-quality student accommodation facilities ...

Best and worst ETFs of past 12 months

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
... share markets registered the most substantial annual assets under management (AUM) growth. Some of the largest ETFs in Australia, such as the Vanguard Australian Shares Index ETF (VAS) and the Vanguard MSCI Index International Shares ETF (VGS) gained ...

Farmers distressed by superannuation tax overhaul

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
... modelling on the number of affected primary producers and family businesses. "Labor is misleading regional, rural and remote Australia, breaking its promise before the election that it wouldn't touch superannuation," Littleproud said. "Not only is ...

Future Fund slapped with new disclosure rules

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
... Burhstein called to liquidate the fund. He said the economic case for its continuing existence has eroded and that in Australia's current economic straits, the most economically responsible action for a government to take is to liquidate, in an orderly ...

ART outlines road to net zero 2050

RACHEL ALEMBAKIS  |  FRIDAY, 29 SEP 2023
... 2050 Roadmap, outlining how the fund plans to transition its investment portfolio off the back of committing to net zero post-merger last year. "As one of Australia's largest superannuation funds, Australian Retirement Trust's Net Zero 2050 Roadmap ...

BNP Paribas wins UniSuper mandate

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
... financing services, securities services APAC Natalie Floate said. "Going live with our Collateral Management services in Australia is another step forward in the evolution of our partnership with one of Australia's leading superannuation funds." Meanwhile ...

Australians retiring later than global peers: Research

CASSANDRA BALDINI  |  THURSDAY, 14 SEP 2023
... retirement across 44 countries. It found the median retirement age across all countries surveyed was 61. However, in Australia it's 65. In this year's index, Australia ranked seventh for retirement security worldwide, keeping its place in the top ...