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Showing 841 - 850 of 1757 results for "Budget 2016"

Red tape being reduced for super funds

DARREN SNYDER  |  MONDAY, 31 AUG 2015
The federal government is preparing to enact some of its 2015 budget promises that will likely reduce red tape for superannuation funds. Draft legislation announced on Friday aims to allow the Commissioner of Taxation to pay super amounts directly to ...

PROFILE: AvSuper chief executive Michelle Wade

DARREN SNYDER  |  MONDAY, 31 AUG 2015
The head of a large Australian superannuation fund once complained that a young employee at AAS didn't know anything about the super industry. Little did they know almost a decade later that same employee would be chief executive at AvSuper. Darren ...

Retirees still cautious about another GFC

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
About one-fifth of retired seniors have kept their savings invested in shares post the global financial crisis (GFC) according to a study by National Seniors Australia and Challenger. The study was based on survey responses of about 2000 retirees, of ...

FSC calls for 12% super by 2022

MARK SMITH  |  THURSDAY, 6 AUG 2015
Financial Services Council chief executive Sally Loane has called for a bipartisan commitment to 12% superannuation contributions by 2022 in her keynote speech to the FSC Annual Conference on the Gold Coast. "With average balances still low - at $70,000 ...

IOOF chair calls for ASIC funding

ALEX BURKE  |  MONDAY, 3 AUG 2015
IOOF chair Roger Sexton has called for Government to provide further funding to ASIC so the regulator can handle whistleblowers more efficiently. Speaking at the Senate Economics References Committee's Scrutiny of financial advice hearing in Sydney ...

CFOs more optimistic in second quarter

DARREN SNYDER  |  THURSDAY, 16 JUL 2015
A momentum shift away from the perceived uncertainty about the federal budget, China and Australia's search for new growth is influencing more positive levels of business confidence. This is one of main findings from Deloitte's second quarter chief ...

Government could force QIC to fund Queensland infra

LAURA MILLAN  |  WEDNESDAY, 15 JUL 2015
The Labor government in Queensland could force QIC to reduce its international and cash exposure to allocate more funds to the State's infrastructure. Queensland Treasurer Curtis Pitt said in his first budget speech that over the next six months the ...

Market to open lower

AAP  |  THURSDAY, 9 JUL 2015
The Australian market looks set to open lower after Wall Street slumped on worries about China and Greece in a session that was overshadowed by a lengthy outage at the New York Stock Exchange due to technical problems. At 0800 AEST on Thursday, the ...

Raising Preservation Age could be problematic

DARREN SNYDER  |  WEDNESDAY, 8 JUL 2015
An industry group believes raising the superannuation Preservation Age would see the number of involuntary retirees blow out while a separate group says the idea needs to be flexible in allowing early super access. Following a Productivity Commission ...

Australian market skids on Greece

AAP  |  MONDAY, 6 JUL 2015
The Australian share market is down well over one per cent in the wake of debt-ridden Greece's decision to reject international creditors' tough bailout terms. CMC Markets chief market strategist Ric Spooner said the `No' result in Greece's referendum ...