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Showing 731 - 740 of 2575 results for "Treasury"

ERS doesn't justify higher SG: Grattan

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... another $10,000 between July and December. More than 500,000 people have cleared out their super accounts entirely with Treasury expecting total withdrawals to reach $42 billion. "Retirement incomes will fall for workers who withdraw their super, but ...

BGH Capital closes in on theme park deal

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
... Village Roadshow announced yesterday that it secured $70 million of funding from its existing lenders and the Queensland Treasury Corporation, $43 million of this needs to be repaid within 12 months with the remaining balance due in five-years. As part ...

Chief executives cop pay cuts

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
... followed by CSL's Paul Perreault at $30.5 million, Clinuvel Pharmaceuticals chief Philippe Wolgen at $20.6 million and Treasury Wine Estates chief Michael Clarke at $19.8 million. "Boards of ASX200 companies will need to seriously consider how remuneration ...

Chief economist update: Escape from Victoria

BENJAMIN ONG  |  FRIDAY, 7 AUG 2020
... cited Prime Minister Morrison, who said Victoria's lockdown will wipe A$10-12B, or 2.5%, from Australian Q3 GDP. Treasury estimated in July GDP would grow 1.5% in Q3, but with updated estimates the economy is now expected to contract 1%." "Unemployment ...

Chief economist update: The RBA's lullaby

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2020
The Reserve Bank of Australia (RBA) delivered what every rational individual expected it to. At the conclusion of its August 4 meeting, the board of the Australian central bank kept monetary policy settings unchanged - the official cash rate at a historic ...

Chief economist update: It's about human life, not human rights

BENJAMIN ONG  |  MONDAY, 3 AUG 2020
... of the damage would depend on the effectiveness of the restrictions that's slowing the spread of the virus." When Treasury released its July economic and fiscal update just a little over two weeks ago, it assumed that restrictions re-introduced "across ...

Spend your money how you please: PM

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
... Morrison said the only person who can decide how to spend the money is the individual who removed it. This comes after Treasury provided an updated forecast of the amount it estimates would be removed from people's retirement savings after its initial ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... retirement income system in September 2019 which was initially due to hand down its report by July 24. Its panel is chaired by Treasury veteran Mike Callaghan and includes two other panelists in former Future Fund board member and banker Carolyn Kay ...

Chief economist update: Australian outlook under COVID-19

BENJAMIN ONG  |  FRIDAY, 24 JUL 2020
... the coronavirus - its death or spread - that will dictate what happens next. This, as much, is not lost on the Federal Treasury, who said: "The outlook for both the global and domestic economies remains highly uncertain. The evolution of the public health ...

Domestic violence super reforms stall

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... (WLSV), Women in Super (WIS), the Australian Institute of Superannuation Trustees (AIST) and HESTA have called on the ATO, Treasury and ministerial staff to implement the $3.3 million scheme, which was due to begin on July 1 but has not yet been delivered. ...