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Showing 831 - 840 of 1266 results for "Federal Government"

Market Wrap - Morning

AAP  |  FRIDAY, 30 SEP 2011
... the December share price index futures contract was up 14 points at 4,020. In economic news on Friday, the federal government releases its final budget outcome. Lower than expected tax receipts from wages and companies is set to cut $2 billion in revenue ...

New online super tracking portal

ELISE BURGESS  |  MONDAY, 26 SEP 2011
The Federal Government has announced plans for a new online lost super tracking system, to relocate 5.8 million lost Australian superannuation accounts holding $18.8 billion. In a bid to make super consolidation an easier process, the Australian Taxation ...

FOFA: Government extends soft-dollar benefit ban to non-super risk insurance

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
The Federal Government has extended its ban on soft-dollar benefits under the Future of Financial Advice draft legislation announced today. It will now include risk insurance outside of superannuation. The ban, scheduled to go live on July 1, 2012 ...

Politicians spar over future of superannuation guarantee

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
... changed. "The Coalition remains opposed to Labor's push to increase compulsory super to 12%," he said. The Federal Government is concerned about the adequacy of retirement incomes and hopes to boost the amount in the superannuation pot by an increased ...

Super funds prefer employers via clearing houses

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
... also a big contributor to TelstraSuper. Collister said TelstraSuper only receives one or two payments from the Federal Government's Small Business Superannuation Clearing House. The service, run through Medicare, offers a free processing service to small ...

IFM hits back at claims it plays politics with super fund money

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
... Authority to investigate whether industry super funds were using members' money to politically support the Federal Government. Rainmaker Information says IFM manages $28.4 billion, the majority of which is on behalf of industry superannuation funds including ...

Super funds need modern platforms to disclose holdings

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
... standards so members can see what securities and debt instruments their fund trades, then it will pressure the Federal Government to force them to. In March a global Morningstar investigation of managed funds found Australia ranked among the worlds worst ...

Submissions open on excess super contribution cap refund rules

ALISON BEVEGE  |  THURSDAY, 18 AUG 2011
... breached the concessional cap in the 2009-10 financial year, an increase of 75.6% on the previous year, after the Federal Government halved the caps. In 2008-09, it was estimated that 21,225 people or 73% of those breaching the caps made excess contributions ...

Investment cloud clears with Govt draft proposal

ELISE BURGESS  |  WEDNESDAY, 17 AUG 2011
Moves to align Australia with other financial centres and concerns of uncertainty has prompted the Federal Government to release draft legislation on Australia's investment manager regime. In response to a recommendation by the report of the Australian ...

Super funds want a cost-benefit analysis on disclosure

ALISON BEVEGE  |  MONDAY, 15 AUG 2011
... bought and sold. If the industry doesn't co-operate by June 30 next year, ASIC has warned it will press the Federal Government to impose standards upon it. David Whiteley, Industry Super Fund Network chief executive, said industry funds would not resist ...