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Showing 831 - 840 of 10357 results for "Close"

Vision Super refreshes premium rates

KARREN VERGARA  |  MONDAY, 30 SEP 2024
... reasons that it was required to continue to cover the cost of providing insurance to members. This week, the super fund will close its Property and Infrastructure options and remove them from one of its balanced offerings. Over three years, the Property ...

Limiting negative gearing could add $2bn in annual revenue

ELIZA BAVIN  |  MONDAY, 30 SEP 2024
... to do the heavy lifting on budget repair," Grattan said. "Cutting back on poorly justified tax expenditures would help to close the government's structural budget deficit, which is currently about 1-1.5% of GDP, and it would make our tax system more ...

Acadian, Yarra among most commonly used external managers by super funds

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
... experts need to be called in. "While insourcing investment functions can reduce costs, a fund should have the fortitude to close down internal functions that struggle against external managers-especially when the fund's ability to negotiate ultralow ...

Family office, KKR buy up regional Queensland airports

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
... drive energy innovation across the group." The transaction, the financial terms of which were not disclosed, it expected to close later this year. "We are proud to have worked closely with QAL management, on behalf of TIF's investors, to invest in new ...

ASIC slaps Macquarie with record $5m fine

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... the final few minutes of the market closing, exhibiting the characteristics of what the MDP said was intended to "mark the close". This affected the daily settlement price, which essentially tipped in favour of clients' existing interest in the contracts. ...

Early release of super scammer sent to prison

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
A Western Australian woman who illegally obtained $202,000 for herself and others via an early release of superannuation scam has been sentenced to three years' imprisonment. The unnamed High Wycombe woman was sentenced at the Perth District Court ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... risen substantially since the Royal Commission. For example, Chisholm said, remuneration for a risk analyst has increased close to 70%; someone with between one- and two-years' post-graduate experience commands a package of $95,000 today, whereas six ...

Reforms needed to boost engagement: ASFA

MATTHEW WAI  |  MONDAY, 23 SEP 2024
Research from the Association of Superannuation Funds of Australia (ASFA) shows only half of all adult Australians have consulted any source of information on preparing for retirement. The group says Tranche 2 of Delivering Better Financial Outcomes ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... competition among banks issuing loans, especially for first home buyers." Reardon said mortgage arrears in Australia remained very close to zero during other major global events, such as the Global Financial Crisis and the COVID-19 pandemic, but despite ...

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
ASIC and the Reserve Bank of Australia (RBA) have been given new powers under new financial market infrastructure laws to enhance their licensing, supervisory, and enforcement abilities. The Treasury Laws Amendment (Financial Market Infrastructure and ...