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

Search Results

Showing 861 - 870 of 10771 results for "Government"

QIC splashes $32m on PEP acquisition

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
Queensland Investment Corporation (QIC) lent $32 million to back Pacific Equity Partners' (PEP) acquisition of ATOM Group, an industrial and safety goods distributor. QIC Private Debt made the transaction via PEP's Fund VII. PEP flagged late ...

Super leaders take out King's Birthday honours

ELIZABETH FRY  |  TUESDAY, 11 JUN 2024
Four top superannuation specialists have been recognised in this year's honours list including incoming governor general Sam Mostyn, who recently stepped down as chair of Aware Super. Those celebrated for their work in superannuation also include ...

GST rebate changes worsens cost of advice: SMSFA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... cost of advice, this announcement, which will have the effect of pushing up the cost of advice, is contrary to the government's stated objective of enhancing the affordability and accessibility of financial advice, Scotchbrook said. The change is estimated ...

Brighter Super awards custody mandate

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... Super, as well as the acquisition of Suncorp Super. The fund is home to 230,000 members and is the fourth-largest non-government financial institution in Queensland. Brighter Super chief executive Kate Farrar recently flagged intentions to splash $500 ...

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

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
... fellow Minh Ngoc Le said. "Treasury estimates show that, dollar for dollar, high income earners actually receive more government support than those on middle and low incomes because of our current superannuation system. Continuing to provide tax concessions ...

ASFA partners with First Nations Foundation

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
... training modules include Aboriginal and Torres Strait Islander culture in everyday life, impacts of historical events, government legislation and policy, working and communicating with Aboriginal and Torres Strait Islander communities, clients and colleagues ...

Future Fund, QIC finalise new deal

ANDREW MCKEAN  |  FRIDAY, 7 JUN 2024
... (Westlink M7 and NorthConnex), Port of Melbourne and Port of Brisbane. QIC is also currently assisting the Queensland government in developing a feasibility study for the Gympie Road Bypass Tunnel. "This is the Future Fund's first direct investment in ...

More businesses fold, unpaid super recovery measure to launch

KARREN VERGARA  |  THURSDAY, 6 JUN 2024
... entitlements to workers who lose their jobs from the insolvency of the employer. Once entitlements are paid under the FEG, the government stands in the shoes of staff as a subrogated creditor and is entitled to claim in the liquidation as a priority ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... incentive to save when rates are higher, which largely impacts people who don't have debts. "In general terms, government policies can impact different cohorts, monetary policy cannot; it has one lever, and it impacts people differently," she said. ...

QIC adds to streak of venture capital investments

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
... opportunities to digitize its healthcare system," she said. "With excellent universities, well-equipped hospitals, government funding, and innovation hubs like LuminaX, the state is well-positioned to lead the way in digital healthcare solutions. "We're ...