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Showing 51 - 60 of 2167 results for "Financial Year"

APRA funding levy rises to $253m

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
APRA's funding levy will rise by 4.2% to $253.3 million for the 2027 financial year, Treasury estimates show, with superannuation funds expected to cover one third of this charge. Split across the sectors it regulates, APRA apportioned $81.2 million ...

Feature: Private credit | The fine print

RIDDHIMA TALWANI  |  FRIDAY, 22 MAY 2026
JPMorgan Chase chief executive Jamie Dimon grabbed headlines last year when speaking at one of the banking giant's quarterly earnings calls. "When you see one cockroach," he told analysts, "there are probably more." The cockroach Dimon was referring ...

AustralianSuper hires head of AI

ELIZA BAVIN  |  WEDNESDAY, 20 MAY 2026
... members in the second half of this year, with the aim to release all digital advice journeys across the 2026/27 financial year.

CALI calls for government to help fund CSLR

MATTHEW WAI  |  WEDNESDAY, 20 MAY 2026
... However, despite the current spread, advisers are expected to expense a whopping $4000 in levies in the upcoming financial year. The situation is rather dire for risk advice due to the lack of new entrants into the niche sector, with only some 185 risk ...

Super funds get ahead of proposed minimum service standards: KPMG

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
... following a debacle of administration failures. According to the 2026 Super Insights report, which analysed 2025 financial year data from APRA, funds are already redesigning processes, strengthening governance and investing in front-office capability. ...

ART overhauls death and TPD insurance fees

RIDDHIMA TALWANI  |  FRIDAY, 15 MAY 2026
... have in the fund," ART said. The $370 billion super fund will also change its TPD Assist benefits starting the new financial year. If a member's 'date of disablement' is on or after July 1, the number of payments will be brought down from six to four ...

TCorp awards $1bn mandate to UK insurer

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2026
... forecast return to surplus in FY28, rising to $1.3 billion. The data revealed that the forecasted deficit for the FY26 financial year edged slightly above $3 billion, with the deficit improving to just over $1 billion in FY27. Along with a bigger surplus ...

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... he said. Furthermore, Briggs pointed to Australia's economic growth being downgraded to 1.75% in the coming financial year. However, the Treasurer has elected to increase taxes on investments in productive areas of the economy, he said, which discourages ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The government will provide the market watchdog $10.3 million in the next financial year to enhance its ability to utilise data in its supervision of managed investment schemes. It comes as the government is providing $17.8 million over four years from ...

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... the past 20 years. The Australian Taxation Office estimates there were 1.02 million registered trusts in the 2023 financial year that made total business income of $489 billion. While there are legitimate reasons to use trusts, such as succession planning ...