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Showing 61 - 70 of 677 results for "expenditure"

Intergenerational wealth picture 'bleak': Grattan

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... household headed by someone aged 25-34. "Those buffered by wealth have continued to spend, including growing discretionary expenditure, through a sustained period of high inflation and steeply rising interest rates. While not all older Australians are ...

US election to add to inflation woes: Experts

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
As the countdown begins to one of the most contentious election cycles in US history, experts are weighing in on how either a Republican or Democratic win may impact markets. US shares were lower on Monday (local time) ahead of the election, as polls ...

Cole puts funds on notice as expenditure data is revealed

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
APRA has published the in-depth data on super funds' expenditure from marketing costs and payments to industrial bodies to spending on member services, as the regulator puts a spotlight on how member money is being spent. AustralianSuper had the ...

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... collectively represent most types of investment offerings for accumulation members. "We are currently examining trustee expenditure data at a fund level to ensure that RSE Licensees decisions are in members' best financial interests." Lonsdale added ...

APRA prioritises supervision of trustee spending

JAMIE WILLIAMSON  |  TUESDAY, 22 OCT 2024
... APRA deputy chair Margaret Cole has informed all RSE licensees that it will be intensifying its supervision of their expenditure as it looks to curb spending that is not in the best financial interests of members. The regulator said it will prioritise ...

Ares buys GCP International in $5.5bn deal

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2024
... "Similarly, data center demand from both hyperscale and enterprise customers continues to accelerate with capital expenditure expected to materially exceed $1.48 trillion over the next three years, buoyed by global secular trends driven by the increase ...

Limiting negative gearing could add $2bn in annual revenue

ELIZA BAVIN  |  MONDAY, 30 SEP 2024
Making changes to negative gearing could be worth at least $2 billion a year in revenue, while reducing the capital gains tax discount could be worth around $5 billion a year, according to new research from the Grattan Institute. This comes as Treasurer ...

Federal Reserve kicks off easing cycle

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
The Federal Reserve elected to cut interest rates by 50 basis points overnight, its first reduction in four years. The US central bank decided to lower the target range for the federal funds rate by half a percentage point to 4.75-5%, surprising many ...

BUSSQ board members removed

ANDREW MCKEAN  |  FRIDAY, 13 SEP 2024
... an independent third party to conduct a review of the trustees' fitness and propriety framework for directors and expenditure decisions which pertain to the CFMEU. Taylor argued that the regulator was seeking to use licence conditions to force a review ...

VanEck to launch defence ETF

ANDREW MCKEAN  |  MONDAY, 9 SEP 2024
... provider cited data from the Stockholm International Peace Research Institute (Sipri) which showed that global military expenditure grew 7% in 2023 to US$2.43 trillion - the steepest annual rise since 2009. VanEck said the increase in military expenditure ...