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Showing 71 - 80 of 362 results for "Federal Budget"

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... of a MySuper product into a choice product offered by the same fund. The complementary reforms announced in the Federal Budget to end the creation of duplicate accounts make it even more important that people end up in a single quality fund and are not ...

IOOF unfazed by poor MLC result

ELIZA BAVIN  |  THURSDAY, 5 NOV 2020
... economic activity has been materially impacted, the significant stimulus for households and businesses provided in the federal budget, combined with an expected more complete reopening of domestic state borders, provide a bridge to economic recovery ...

The rate that stops the nation

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... said. According to CLSA Premium's Peter Boehm, the RBA will likely proceed with its decision to cut now that the federal budget announcement is out of the way. "Interest rates were kept on hold last month largely due to the timing of the federal budget," ...

Stephen Jones admits to anti-life insurance bias

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... businesses is going to be absolutely critical." Jones was also not overly positive about the government's recent federal budget and plans for getting through the COVID-19 recession. He said he is disappointed to see the government "dismantling things ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... the six months prior to the pandemic." "Such a development must be attributable to the response to the October Federal Budget; ongoing success across the nation in containing the COVID-19 outbreak; and the expectation that the Reserve Bank Board is likely ...

Proposed changes ahead for APRA's heatmaps

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... Authority is considering making changes to its MySuper Heatmap to reflect the reforms proposed by the government in the federal budget. Speaking at the Australian Institute of Superannuation Trustees Online Chair Forum, APRA deputy chair Helen Rowell ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... at a Financial Services Council (FSC) event about the Your Super, Your Future package announced as part of the federal budget this week. FSC chief executive Sally Loane started the event by pointing out that Hume "gave nothing away" about the impending ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
Opposition leader Anthony Albanese has unsurprisingly spoken out against the Morrison government's federal budget, saying it has failed to create much needed jobs. Taking to Twitter, Albanese said: "Being a leader means taking responsibility - in the ...

Budget boosts female participation

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
This year's federal budget will help advance gender parity in the workforce and uphold the financial security of women, which has been knocked back by the coronavirus pandemic. Federal Treasurer Josh Frydenberg is making sure women are not left ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... independent panel on July 24 but still hasn't been published wider. The retirement income covenant, announced in the federal budget two years ago, was delayed from a 1 July 2020 start date to 1 July 2022. "[This is] to allow continued consultation ...