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Showing 6021 - 6030 of 28263 results for "NOT"

No early super release for DV survivors

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
Among several other initiatives aimed at boosting women's economic security, the government has confirmed it will not proceed with plans to extend the early release of superannuation to family and domestic violence survivors. Scrapping the plan will ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... totalling up to the maximum amount in a year. The No Negative Equity Guarantee mandates that borrowers under the PLS will not owe more than the market value of their property. The PLS is similar to a reverse mortgage and is available to assist older ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... containment of COVID-19 to sustain economic recovery. Further to this, the government said the conclusion of JobKeeper is not expected to interrupt the labour market or broader economic recovery. "Labour market outcomes have surpassed even the most optimistic ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... want to stay in that super fund, take a lump sum benefit or move to a new retirement product. The transferred capital will not be counted towards the concessional contribution cap nor will it trigger excess contributions but will be taxed at the 15% ...

Infrastructure investment builds to $170bn

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... government has announced a $110 billion infrastructure project pipeline to help fuel the post COVID-19 economic stimulus, and it's not just concrete and steel. Billed as one of the budget's cornerstone commitments, the government will spend an extra ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... who are licensed and regulated in jurisdictions with similar financial systems. The relief would mean these entities would not need to hold an AFSL to operate in Australia, reducing duplicate requirements. It will also develop a means of fast tracking ...

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... the past decade. The only part of the superannuation system growing its inflows are employer SG-driven contributions into not-for-profit funds. Even personal contributions into SMSFs have collapsed, with thanks of course to the introduction of the Transfer ...

Investors greenlight LIC to ETF conversion

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
... process," Dogan said of the work involved in converting the LIC to ETMF. This conversion from a LIC to an ETF is rare, but not the first one. Nearly eight years ago, Aurora Global Income Trust did the same. Dogan said Perpetual hadn't received similar ...

New India fund eyes HNWs

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
A new fund focusing on five key thematics across publicly listed companies in India will launch to high-net-worth investors. India Avenue Investment Management will launch India 2030 in the third quarter of this year, a high conviction, actively managed ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... Frydenberg said. ASFA said it supports the First Home Super Saver scheme because it focuses on voluntary contributions, therefore not impacting the primary role of super as savings for retirement. But ASFA and Industry Super Australia are still hoping ...