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Showing 591 - 600 of 10765 results for "Government"

Australian super assets set to become second largest globally: WTW

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
Australia's superannuation assets have jumped 500% over the last 20 years and are on track to become the second-largest pension market globally by 2030, the WTW's Thinking Ahead Institute predicts. Australia's superannuation assets reached more than ...

Most retirees who rent live in poverty: Grattan Institute

ANDREW MCKEAN  |  MONDAY, 10 FEB 2025
... 30% of the cost of renting a cheap one-bedroom home in an Australian capital city...," the report said. Although the government has raised the maximum rate of rent assistance by 27% - above inflation - in the past two budgets, boosting the maximum rate ...

Government to scrap advisers' approved qualifications list

KARREN VERGARA  |  MONDAY, 10 FEB 2025
The federal government is backtracking on one key financial adviser education requirement by scrapping the list of approved qualifications and proposing to allow any bachelor's degree or higher. Assistant treasurer Stephen Jones this morning announced ...

Almost half of HESTA members retire involuntarily

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... research found. HESTA said it strongly supports improved access to advice through the implementation of Tranche 2 of the government's Quality of Advice reforms. Blakey said the expansion of intra-fund advice to include Transition to Retirement, Retirement ...

Chalmers 'managing pressures' to shore up economy

ELIZA BAVIN  |  FRIDAY, 7 FEB 2025
... economy, according to Treasurer Jim Chalmers. Speaking at the Business Council of Australian dinner, Chalmers said the government was preparing for Australia to enter the "fourth economy". "Every four decades or so from the 1900s we have transformed ...

AustralianSuper under investigation for delayed death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
... put much faith in or rely on them. That's why we think the mandatory customer service standard proposed by the government is important to bring everyone up to a minimum standard." ASIC declined to comment.

FAAA 'frustrated' as Dixon inquiry delayed

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025
... the advice profession $70 million in 2025/26, but in fact much more in 2026/27, there is an absolute urgency for the government to take action," he said. "Deferring action on the grounds of a delay in the Senate inquiry or due to calling a new review ...

One more vote needed for $3m super tax

MATTHEW WAI  |  THURSDAY, 6 FEB 2025
... from the Senate program today, the Better Targeted Superannuation Concessions Bill could soon be a reality, with the government needing to secure just one more supporter. The Bill was supposed to be debated in the Senate today, but it failed to be mentioned ...

Trump's tariff implications for Australian investors

ANDREW MCKEAN  |  WEDNESDAY, 5 FEB 2025
... Australian dollar could also add to import prices. "But in the absence of retaliation against US tariffs by Australian government or a sharp fall in the Aussie dollar, I struggle to see why inflation here would go up in the short term." Oliver believes ...

PIMCO debuts local ETF suite

MATTHEW WAI  |  WEDNESDAY, 5 FEB 2025
... PDFI will offer a diversified portfolio of Australian and global bonds, serving as a core fixed income allocation from government, corporate, mortgage, and other global fixed interest securities. Finally, PCRD aims to achieve higher return through PIMCO's ...