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Showing 51 - 60 of 159 results for "Government of"

Reskilling: A worthy purpose for super?

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2018
... remain in the workforce and continue accumulating superannuation, he said. Having such an option would relieve the Government of pressure to provide greater amounts of welfare, as well as significantly lessen the associated longevity risk of commencing ...

NZ Super Fund posts record returns

EMMA RAPAPORT  |  THURSDAY, 28 SEP 2017
... value for New Zealand taxpayers," Savage said. "The fund has now returned 10.2% pa, more than double the cost to the Government of contributing to it (as measured by Treasury Bill returns), over a period of nearly 14 years." According to NZ Super, the ...

Future Fund expected to grow to $200bn

EMMA RAPAPORT  |  THURSDAY, 31 AUG 2017
... than doubling the 1.3% target. Since inception, the fund has added $73 billion to the original contributions from government of $60.5 billion, with returns reaching 7.8%. Cash remains the fund's biggest asset class, making up 21% of the fund, followed ...

Bligh appointed ABA chief executive

EMMA RAPAPORT  |  FRIDAY, 17 FEB 2017
... force banks to pay compensation, and it can't change laws or do anything other than make recommendations which the Government of the day is not bound to implement," Munchenberg said in an October 2016 statement. "Of those who believe banks need to improve ...

JPMorgan Chase to pay bribery fines

KERRIE SYDEE  |  FRIDAY, 18 NOV 2016
JPMorgan Chase & Co has agreed to pay more than US$130 million to settle charges brought against it by the Securities and Exchange Commission (SEC) after winning business from clients and corruptly influencing government officials in Asia Pacific by ...

Poll provides fresh defence against Royal Commission

MARK SMITH  |  FRIDAY, 14 OCT 2016
... force banks to pay compensation, and it can't change laws or do anything other than make recommendations which the government of the day is not bound to implement. "Of those who believe banks need to improve the way they operate, the majority want action ...

Treasurer ignored credit warnings: Bowen

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... "bipartisan support." He still criticised the Coalition for not moving forward fast enough, though, accusing the government of "prevaricating." "I said that if I became Treasurer, I would deliver policy within three months of the election. Today, I challenged ...

Economic Wrap

ALEX DUNNIN  |  TUESDAY, 19 JUL 2016
Employment up but hours worked fell Employment in Australia grew by 0.07% in June, consistent with the average growth rate over the last six months, according to trend figures released by the Australian Bureau of Statistics (ABS). The latest Labour ...

Shorten attacks government's retro super changes

DARREN SNYDER  |  FRIDAY, 6 MAY 2016
... contributions backdated to 2007. Shorten called out this retrospective view, yet also used his budget reply to accuse the government of pinching Labor's superannuation ideas. "Labor will gladly support our own clear and costed policy to close the unsustainably ...

Associations support adviser standards amendments

DARREN SNYDER  |  FRIDAY, 29 APR 2016
The latest legislative amendments to raise the education, training and ethical standards of financial advisers have been welcomed by the industry's peak representative groups. Both the Association of Financial Advisers and the Financial Planning Association ...