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

Search Results

Showing 841 - 850 of 10771 results for "Government"

HESTA returns 9.1% to members

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
HESTA's default MySuper balanced growth option has returned 9.1% over the last financial year. The option has averaged an annual return of 7.62% over the past 10 years. HESTA chief executive Debby Blakey said that despite ongoing uncertainty in financial ...

Stafford Capital wins $569m mandate

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
... ($569 million). Members of the ACCESS Pool have one of the longest histories in timberland investing within UK Local Government Pension Schemes (LGPS). The ACCESS Pool is made of 11 UK LGPS Administering Authorities and, as of March 31, had Pool assets ...

New recruits top advice industry priority: FAAA

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
... they're working in," Abood said. The FAAA also flagged it will persist in lobbying against substantial costs the government imposes on advice practices. The cost of operating an advice business only continues to skyrocket, not only from layers of ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... fund's income would be classified as NALI and taxed at the top marginal rate of tax (45%). On 1 July 2018, the government mandated the laws change to focus on a super fund's expenses as well as their income. "The 1 July 2018 changes seemed harmless ...

Prime Financial Group adds to c-suite with new role

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... across several industries including the professional service sector with clients across financial services, retail and government. Prior to joining Prime, Lake was senior principal consultant at IDEE Group; a boutique management and project management ...

New inspector-general of taxation appointed

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
The Albanese Government has appointed Ruth Owen as the new inspector-general of taxation (IGT) for a five-year period commencing on 15 July 2024. Owen brings a wealth of experience in tax, public sector reform, complaints management and dispute resolution ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
The government committee tracking the implementation of the Delivering Better Financial Outcomes (DBFO) reforms emphasised in its final report it wants "greater legal clarity" to how advice fees are deducted from superannuation fund accounts. The Senate ...

Greece taps BlackRock FMA to build sovereign wealth fund

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... Development Investment Bank, other private equity funds active in Greece, and credit institutions. As part of the launch, the government will consolidate its privatisation agency (HRADF) and bank bailout fund (HFSF) with the existing Hellenic Corporation ...

Aussies' financial literacy declines, young people fare the worst

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
... including community and consumer organisations, educators, academics, peak bodies, philanthropic partners, industry, and government to ensure collaborative action. Moreover, it recommended ensuring that students have access to quality, evidence-based ...

Coalition's housing policy could cut Commonwealth Rent Assistance costs

ANDREW MCKEAN  |  THURSDAY, 20 JUN 2024
... purchased a home by the end of the medium term. The PBO added that the proposed policy would have further implications for government taxation revenue, particularly for superannuation tax, which wasn't included in the analysis.