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Showing 721 - 730 of 1755 results for "Budget 2014"

Super gets reality check on engagement

DARREN SNYDER  |  FRIDAY, 22 JUL 2016
Choice chief executive Alan Kirkland told superannuation funds a few home truths this week, relaying several member perceptions about the industry ahead of research to be released by the consumer advocacy group. Speaking at an Association of Superannuation ...

Treasurer ignored credit warnings: Bowen

ALEX BURKE  |  THURSDAY, 21 JUL 2016
Shadow Treasurer Chris Bowen said Treasurer Scott Morrison ignored his warnings that Australia was in danger of losing its AAA credit rating. At the 2016 FSC Leaders Summit in Melbourne, Bowen said that the Coalition has repeatedly ignored warnings ...

Economic Wrap

ALEX DUNNIN  |  MONDAY, 18 JUL 2016
Australia's commonwealth debt hits $425 billion Australian commonwealth debt, measured by commonwealth debt securities on issue and managed by the Australian Office of Financial Management (AOFM), stood at $425 billion on Friday July 15. This is up ...

CalPERS names new chief executive

DARREN SNYDER  |  FRIDAY, 15 JUL 2016
The California Public Employees' Retirement System (CalPERS) will welcome a new chief executive in October after its board appointed a new leader this week. Joining CalPERS as chief executive is Marcie Frost. She most recently served as the director ...

Foreign investment bound for South Australia

DARREN SNYDER  |  THURSDAY, 14 JUL 2016
The South Australian government is continuing to promote its $21 billion agriculture industry to foreign investors via an innovative online portal and through wider budget initiatives. The portal, AgInsight South Australia, was launched in August 2015 ...

S&P outlook downgrade extends to banks

KERRIE SYDEE  |  FRIDAY, 8 JUL 2016
Standard and Poor's (S&P) revised Australian sovereign rating outlook from 'stable' to 'negative' has also been extended to the Australian major banks. The outlook downgrade is the first move of any of the major ratings agencies over the past 25 years ...

So what if Australia loses its 'AAA'?

BENJAMIN ONG  |  FRIDAY, 8 JUL 2016
Boyoboyoboy, looks like we're in trouble now for this "Lucky Country" could soon run out of luck. No use covering our eyes, ears and noses, it's all over splattered all across the media - old and noveau - Standard & Poor's has just put Australia on ...

Lifeplan increases investment bond options

DARREN SNYDER  |  THURSDAY, 7 JUL 2016
Investment bond specialist Lifeplan is rolling out eight new investment options and an additional rebate tier across its NextGen suite as part of a surging interest in the product. Head of Lifeplan, Matt Walsh, said proposed changes to superannuation ...

Defined benefit deficit at $182bn

ALEX DUNNIN  |  WEDNESDAY, 6 JUL 2016
Total defined benefit (DB) super liabilities across Australia stood at $340 billion, according to APRA figures. But this amount is backed by only $158 billion in net assets - amounting to a deficit of $182 billion. The announcement by the Queensland ...

Investment bonds back in favour: IOOF

KERRIE SYDEE  |  MONDAY, 4 JUL 2016
What's old is new again when it comes to tax effective investing, according to IOOF investment specialist Sue Herrald who claims investment bonds are back in favour as pending legislation and tax rates play on investors' minds. While the uncertainty ...