Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 771 - 780 of 1757 results for "Budget 2022"

KPMG targets super to fix deficit

MARK SMITH  |  THURSDAY, 28 APR 2016
Superannuation tax concessions should be reduced to fix Australia's ballooning structural deficit, according to global audit, tax and advisory services provider KPMG. The company has specifically recommended that the annual income threshold at which ...

Police super a budget beneficiary

DARREN SNYDER  |  THURSDAY, 28 APR 2016
More than 16,000 New South Wales police officers will directly benefit from one of the federal government's superannuation measures to be announced in Tuesday's budget. Both federal and NSW governments have agreed to share the costs of an arrangement ...

FSC sends final budget message

DARREN SNYDER  |  WEDNESDAY, 27 APR 2016
A reduction in concessional contribution caps for middle-income superannuation members would hurt Australia's budget long-term, bear an increased cost to taxpayers, and not align with super's objective. This is the final message from the Financial Services ...

Energy Super partners with robo-adviser

DARREN SNYDER  |  FRIDAY, 22 APR 2016
Energy Super is the latest industry fund to sign on a robo-advice platform, a move it says will complement existing financial advice offerings. The $6 billion fund has entered a partnership with Decimal Software and its new Eqilize platform, a robo-advice ...

Commodities slump stalling sovereign wealth growth

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Sovereign wealth funds in commodities economies are being forced to sell off assets to manage government deficits, slowing growth for the sector. The 2016 Preqin Sovereign Wealth Fund Review shows that while assets held in sovereign wealth funds collectively ...

ASIC user-pay model "eminently sensible": SEC veteran

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Adopting the industry funding model for ASIC will result in a much more efficient and less politically-motivated regulator, according to former assistant director of the division of enforcement at the US Securities and Exchange Commission Jordan Thomas. ...

Budget leak proposes super tax crackdown

DARREN SNYDER  |  WEDNESDAY, 20 APR 2016
... superannuation tax concessions. Industry Super Australia (ISA) chief executive David Whiteley said Australia cannot have another budget "with poorly conceived, ad hoc changes to super that serve only to undermine confidence in the system." "Any changes ...

Super's objective needs to get personal

DARREN SNYDER  |  TUESDAY, 12 APR 2016
An association for corporate superannuation advisory businesses has labeled the Financial System Inquiry's definition of super's objective as impersonal and believes it should be more meaningful to working Australians. Workplace Super Specialists Australia ...

CHOICE adds another super voice

DARREN SNYDER  |  MONDAY, 11 APR 2016
Consumer advocacy group CHOICE will be increasing its superannuation voice during 2016, a direct response to the little industry conversation with a consumer focus during an election year. CHOICE chief executive Alan Kirkland flagged the group's position ...

Federal Government told to stop 'tinkering' with superannuation

KERRIE SYDEE  |  THURSDAY, 7 APR 2016
The Financial Services Council (FSC) has recommended the Government enshrine a concise objective of superannuation in legislation and that it occurs through a stand-alone bill, rather than through existing superannuation law. In its submission to the ...