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

Search Results

Showing 61 - 70 of 1074 results for %22Commonwealth Super%22

Australia's enviable debt levels

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... relative debt position. At June end 2022, there was $895 billion in Australian government securities on issue by the Commonwealth government. State governments, according to Reserve Bank statistics, have about another $500 billion in bonds on issue ...

Biggest super funds face human rights complaints

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... to the trustees of AMP, Australian Retirement Trust, Aware Super, Brighter Super, BT, Cbus, Colonial First State, Commonwealth Superannuation Corporation, Equipsuper, ESSSuper, GESB, HESTA, MLC Super, OnePath, State Super, Super SA, and UniSuper. Equity ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... times more likely to keep their savings in term deposits than younger Australians aged 18-29," Riley said. Meanwhile, Commonwealth Bank executive general manager Kate Crous commented: "Term deposits have maintained their appeal for customers seeking ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... governments," he said. "And so, it wouldn't be an opportunity necessarily, at least not directly, to repair the Commonwealth budget and our priorities lie elsewhere." Chalmers explained a "modest" but "meaningful" change to superannuation tax breaks ...

AMP promotes Diana Mousina

ELIZABETH FRY  |  TUESDAY, 11 APR 2023
... - worked as a senior economist before being promoted to the role of Oliver's deputy. She began her career at Commonwealth Bank in 2011 as an institutional banking and markets graduate, gaining the title of economist two years later. Commenting on ...

Top rated superannuation products in Australia revealed

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
... organisational strength, and additional services like financial planning. Equipsuper led with eight AAA-rated products each. Commonwealth Superannuation Corporation followed with seven AAA-rated products, while Prime Super and Hostplus have six AAA-rated ...

Pay gap bill passes, effective next year

CASSANDRA BALDINI  |  FRIDAY, 31 MAR 2023
... will require the Workplace Gender Equality Agency (WGEA) to publish employer gender pay gaps for private sector and Commonwealth public sector employers, impacting around 40% of firms. In response, WGEA chief executive Mary Wooldridge acknowledged the ...

Objective will not achieve any real purpose: IFPA

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... 'sustainability' of the superannuation system could be influenced by the broader budgetary and fiscal position of the Commonwealth at any given time, he said. Meanwhile, IFPA head of superannuation and financial services Natasha Panagis suggested ...

Super funds back new renewables platform

JAMIE WILLIAMSON  |  TUESDAY, 28 MAR 2023
... arrangements previously in place for each asset. The facility was provided by a consortium comprising ANZ, Bank of China, Commonwealth Bank, Industrial and Commercial Bank of China, ING Bank, Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking Corporation ...

Australian Retirement Trust lines up another merger

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... billion in funds under management and gained a further 200,000 members. ART is also currently exploring mergers with Commonwealth Bank Group Super, AvSuper, and Woolworths Group. It also recently confirmed to Financial Standard that it is taking on the ...