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Showing 871 - 880 of 1269 results for "Labor"

FOFA passes as industry backs professionalism

MELANIE TIMBRELL | THURSDAY, 21 JUN 2012

... the hurried passage of FOFA through the Senate in line with a July 1 soft start date. "It is extraordinary but typical of Labor's mismanagement of the whole FOFA process that this legislation is being rushed through Parliament just 10 days before its ...

Foreign MIS tax legislation delayed

BEN COLLINS | THURSDAY, 21 JUN 2012

... yesterday, Cormann said "Business cannot invest with confidence when the government clearly has no direction". Under the Labor government the rate was lowered from 30% to the current 7.5%. "For the past 18 months Australian fund managers have continuously ...

Fed twists again like it did last summer

BENJAMIN ONG | THURSDAY, 21 JUN 2012

... the challenge posed by the European crisis but reassured one and all that, "If we don't see continued improvement in the labor market, we'll be prepared to take additional steps if appropriate." "We are prepared to do what's necessary. We are prepared ...

Uncle Ben to the rescue

BENJAMIN ONG | WEDNESDAY, 20 JUN 2012

... reported that housing starts dropped to an annual rate of 708,000 units - lagging market expectations by 12,000 houses. The Labor Department reported that job openings fell by 325,000 positions in April - the biggest drop since September 2008 -- as company ...

China needs active management: Fidelity

MELANIE TIMBRELL | WEDNESDAY, 9 MAY 2012

... Chinese government has [now] been encouraging state owned enterprises to engage in buybacks," said Yeung. "During the big Labor holiday on May 1, the regulators of the Shanghai exchange announced changes including changing the IPO rules so the three-month ...

Mexican standoff

BENJAMIN ONG | THURSDAY, 3 MAY 2012

Less tax appeal for high income earners in super

MELANIE TIMBRELL | MONDAY, 30 APR 2012

... Minister for Superannuation, Mathias Cormann has called the move a "tax grab". "As of 1 July 2012, courtesy of previous Labor changes, higher income earners putting 9% of their income into superannuation already pay the top marginal tax rate for any ...

Industry rejects changes to super tax

MELANIE TIMBRELL | MONDAY, 23 APR 2012

... impacted by the Government return to surplus. Tax concessions currently cost Treasury in the order of $30bn each year, with Labor purportedly discussing a number of options including a hold on the increase to the annual concessional contribution cap ...

Budget tightening to hit IMR

MELANIE TIMBRELL | WEDNESDAY, 11 APR 2012

... denying Australian fund managers access to overseas investment funds. "In more than two years since the report was released Labor has yet to finalise the legislation that would make this vision a reality," said opposition senator Matthias Cormann in ...

Can't lose

BENJAMIN ONG | TUESDAY, 10 APR 2012

... offset what is expected to be a tough budget. However, the thing to fear is the latest update on the US labour market. The Labor Department reported the US economy increased by only 120,000 jobs last month - far less than expectations for a 203K gain ...

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Mercer Super chief executive steps down

RIDDHIMA TALWANI

Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI

The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI

Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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