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Showing 851 - 860 of 7369 results for "System"

ASX advances CHESS replacement project

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... have resilient, secure, and sustainable technology," Lofthouse said. "Given the importance of technology to the financial system, we prioritise safe implementation and operation. This is a multi-year program of work, which encompasses the delivery of ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... golden opportunity," adding that Australia needs an additional $225 billion of investment by 2050 to transition the energy system and realise net zero opportunities. He said the "financial services industry will play a central role," particularly in ...

Gender gap to close in 134 years: World Economic Forum

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
The World Economic Forum released its Global Gender Gap Report for 2024 revealing that, at the current pace, it will take another 134 years - equivalent to five generations - to achieve full gender parity. Globally, the gender gap has closed by just ...

GST rebate changes worsens cost of advice: SMSFA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
Abolishing the rebate for the GST component of adviser fees from July 1 can aggravate the cost of financial advice, according to the SMSF Association (SMSFA). In a few weeks' time, superannuation funds and platform providers will no longer be able to ...

Super tax concessions cost $54.5bn in lost revenue: Research

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
... Australia Institute research found women and low-income earners are being left behind by a superannuation tax concession system that disproportionately benefits high-income earners and men. The report said super tax concessions help high income earners ...

ASFA partners with First Nations Foundation

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
The Association of Superannuation Funds of Australia has announced a new learning partnership with First Nations Foundation (FNF) to deliver cultural competency training for members. This new partnership will give ASFA members access to FNF's culture ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... reduced recession risks and lower inflation, it remains crucial that we build further on the resilience of the financial system in the light of global economic and geopolitical uncertainty," he said. Commenting on the rate cut, Principal Asset Management ...

QIC adds to streak of venture capital investments

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
... of Australia's fastest-growing populations, Queensland presents a wealth of opportunities to digitize its healthcare system," she said. "With excellent universities, well-equipped hospitals, government funding, and innovation hubs like LuminaX, the ...

Equity Trustees hit with fine by APRA

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
The Australian Prudential Regulation Authority (APRA) has fined Equity Trustees Superannuation $782,500 for failing to meet its legal obligations to report data to APRA. EQT breached the requirements of the Financial Sector (Collection of Data) Act ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... financial services Kelly O'Dwyer, who decried how, for too long, perpetrators of horrific crimes have manipulated the system to shield their super assets from victims. "... our government's full efforts are behind making sure that perpetrators ...