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Showing 661 - 670 of 1272 results for "Federal government"

Red tape being reduced for super funds

DARREN SNYDER  |  MONDAY, 31 AUG 2015
The federal government is preparing to enact some of its 2015 budget promises that will likely reduce red tape for superannuation funds. Draft legislation announced on Friday aims to allow the Commissioner of Taxation to pay super amounts directly to ...

Bankers see ASIC user pays model as burden

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
... Australian Securities and Investments Commission needs more funding certainty, this could be achieved by the Federal Government adopting a multi-year funding model from its existing budget," he proposed. "Any adoption of an industry funding model must ...

The horse still refuses to drink

BENJAMIN ONG  |  FRIDAY, 28 AUG 2015
... private inventory investment [a positive for the future because inventories will have to be replenish], in federal government spending [also good for the federal budget], and in residential fixed investment". In short, the US economy's firing on nearly ...

Cbus opposes smaller super guarantee penalties

DARREN SNYDER  |  WEDNESDAY, 26 AUG 2015
... right thing and paying super on time so that an equal playing field is maintained." Atkin has called on the federal government to look at measures which would reduce the level of non-compliance with superannuation obligations and protect employees' retirement ...

Frydenberg relaxed about SMSF borrowing

DARREN SNYDER  |  MONDAY, 24 AUG 2015
... always carries risks. Lenders recognise this in their loan to valuation requirements." Frydenberg also said the federal government will shortly introduce legislation making it easier for superannuation funds to invest through a trust without the trust ...

ASX records $400m profit

DARREN SNYDER  |  THURSDAY, 20 AUG 2015
... supermarket ". Announcing a full-year after tax profit of $398 million today, the ASX has also called on the federal government to continue the current cash equities clearing model (CHESS) for another five years, giving the exchange an opportunity to ...

Super governance changes questioned

DARREN SNYDER  |  THURSDAY, 20 AUG 2015
The federal government's focus on accountability around conflicting interests in superannuation boards has been described as "curious" by lawyers reviewing proposed super governance legislation. A paper prepared by Hall and Wilcox Lawyers for the Australian ...

VFMC appoints former AustralianSuper chair

DARREN SNYDER  |  FRIDAY, 14 AUG 2015
... of specialist life insurance company TAL. She also recently retired from the board of PPB Advisory, and the federal government's Infrastructure Australia Council and Climate Change Authority. Previous directorships include chair of the Victorian WorkCover ...

Scrapping dividend imputation costly for retirees

DARREN SNYDER  |  TUESDAY, 11 AUG 2015
Removing or changing dividend imputation might be a revenue fix for the federal government but it will have long-term effects on Australians' retirement savings. This is the belief held by Association of Superannuation Funds of Australia chief executive ...

Equip appoints digital specialist to board

MARK SMITH  |  FRIDAY, 31 JUL 2015
... sophisticated technology platforms in order to remain relevant and accessible to our members." Fairley said that the Federal Government's aspiration for super fund boards to have a mandated proportion of independent directors was recognition of the need ...