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Showing 641 - 650 of 5387 results for "Federal"

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
The federal government has released the outcomes of its review into the Your Future, Your Super laws, flagging among many findings, that it will "fine-tune" the performance test and extend the performance period to 10 years. Starting with the highly ...

Grattan finds $14bn savings in super tax break overhaul

KARREN VERGARA  |  MONDAY, 3 APR 2023
... $220,000 per annum would restrict contributions tax breaks flowing to high-income earners and save $1.1 billion per year. The federal government can save between $5.3 billion and $7.3 billion per annum if it taxed retirement earnings (currently tax-free) ...

Pay gap bill passes, effective next year

CASSANDRA BALDINI  |  FRIDAY, 31 MAR 2023
... employees and over will need to report their gender pay gap from next year, following the passing of an equality bill in federal parliament. The government yesterday passed its Gender Pay Gap Bill which will enable half a million Australian employees ...

BT to wind up Retirement Wrap

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2023
... members' account numbers, features and functionality, she added. Asgard Independence Plan Division Two was the subject of Federal Court proceedings brought by ASIC over insurance premiums that were charged to close to 10,000 members, through to 2020. ...

Rest switches up recruitment focus

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
... cent rather than rates of 1% and inflation of 1.5%." The investment chief does not waste time trying to predict the US Federal Reserve's next move. "I feel that it's best not to be too definitive - that maybe now's not the time to stick one's ...

US Fed hikes rates amid banking turmoil

ANDREW MCKEAN  |  THURSDAY, 23 MAR 2023
Amid banking turmoil, the US Federal Reserve announced a rate hike to combat inflation. Recent economic indicators revealed modest growth in US spending, production, and strong job gains, with low unemployment and persistent inflation concerns. As such ...

Menopause: The silent economic crisis

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... their 55 th birthday and they do so with about 40% less superannuation than the average man. In its submission to the last federal budget, AIST said women aged 45 to 54 retired on average at age 52.1; about 7.1 years earlier than planned and 7.4 years ...

Giving hope: Recent regulatory wins

ANDREW MCKEAN  |  TUESDAY, 21 MAR 2023
... to take meaningful action and allow employees to see where they're being short-changed, it added. As part of its first Federal Budget, the government also pledged $531.6 million over four years to expand the paid parental leave scheme, allowing families ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... the staff of Credit Suisse will be continued", Credit Suisse said. The discussions were initiated jointly by the Swiss federal government, the Swiss Financial Market Supervisory Authority (FINMA) and SNB to ensure stability for Credit Suisse customers ...

Spotlight shines brighter on climate reporting: Expert

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... have pulled parts of their climate and responsible investment reportage from their websites," she said. Last December federal treasurer Jim Chalmers opened a consultation on developing a climate risk disclosure framework for Australia. "This internationally-aligned ...