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Showing 751 - 760 of 2575 results for "Treasury"

ATO cracks down on ERS misuse

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... the scheme as it comes with a hefty price tag at retirement, for those in their 20s it could be as high as six figures. Treasury had estimated 1.5 million Australian would remove around $27 billion from super, with current applications at over two million. ...

HESTA asks Retirement Income Review to consider ERS

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
... been pitched as the first holistic review of the retirement system will not made any recommendations. It is chaired by Treasury veteran Mike Callaghan and includes two other panelists in former Future Fund board member and banker Carolyn Kay and former ...

Senator remains firm on FASEA extension

ELIZABETH MCARTHUR  |  MONDAY, 15 JUN 2020
Senator Rex Patrick, whose amendment to Treasury Bill Number 3 meant that the FASEA extensions hit a snag, is not backing down. The senator defended his amendment in an email to a financial advice association. "I added a schedule to the bill. Despite ...

FASEA extension hits snag

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... bipartisan support, an amendment sought by Centre Alliance Senator Rex Patrick on an unrelated issue has seen the omnibus Treasury Laws Amendment returned to the House of Representatives, resulting in another delay in the extension being passed. Senator ...

Industry fund adds investments officer

JAMIE WILLIAMSON  |  THURSDAY, 11 JUN 2020
... team. Dowley joined from the Commonwealth Superannuation Corporation where she was part of the investment operations treasury team. AvSuper chief executive Michelle Wade said Dowley brings wisdom, a different perspective and knowledge to the role. "Gina ...

Short consultation window for stamping fee exemption

HARRISON WORLEY  |  FRIDAY, 5 JUN 2020
... Consultation on the exposure draft opened yesterday, and will end on June 10, the next sitting day of both houses of parliament. Treasury said that specifically, the regulations amend the Corporations Regulations 2001 to remove the exemption from the ...

BlackRock drops fees on bond ETFs

KANIKA SOOD  |  FRIDAY, 5 JUN 2020
... go from charging 20 bps per year in management fees to 15bps. Both iShares Government Inflation ETF (ILB) and iShares Treasury ETF (IGB) will go from 26bps to 18bps each. "We are constantly evaluating our ETF range to solve for evolving investor needs ...

Chief economist update: Australian recession - the next generation

BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
... recession-free run is over. "Well, the answer to that is yes. And that is on the basis of the advice that I have from the Treasury Department about where the June quarter is expected to be." Frydenberg's statement comes after the Australian Bureau ...

Fed buys up BlackRock ETFs

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... bonds had been performing well since it announced its purchase plans. "Corporate bond spreads over comparable-maturity Treasury yields widened sharply in the beginning of the intermeeting period, and they subsequently retraced most of their increases ...

Westpac hunts new insto bank chief

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAY 2020
... would be undertaken for a permanent replacement. Joanne Dawson, chief financial officer at Westpac Institutional Bank & Treasury, will act as Group treasurer during this period. Dawson joined Westpac Treasury in 2003 and was appointed deputy treasurer ...