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

Search Results

Showing 71 - 80 of 1276 results for "Labor"

Coalition urges super funds to push for QAR reforms

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... conference to put pressure on the Albanese government to legislate reforms from the Quality of Advice Review (QAR). "Sadly, the Labor government has been slow to progress these reforms, including to improve accessibility of advice within super funds. ...

BlackRock partners to build $1.5bn life sciences platform

MATTHEW WAI  |  FRIDAY, 1 NOV 2024
BlackRock and Wentworth Capital have joined forces to acquire two life sciences seed assets as part of a plan to build a $1.5 billion platform. BlackRock, through its real estate division, and Wentworth Capital have acquired two assets in Sydney to ...

Jones preps DBFO Tranche 2 for parliament

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
Assistant treasurer Stephen Jones said the government will press on with Tranche 2 of the Delivering Better Financial Outcomes (DBFO) reforms that he is preparing to introduce in parliament. The highly anticipated set of changes promise to remove laborious ...

Morningstar flags governance issues, leadership turnover at Cbus

ANDREW MCKEAN  |  TUESDAY, 29 OCT 2024
... with its union representation; however, with the current and former chairs of the board also connected to the Australian Labor Party, increased independence would be welcomed," Morningstar said. "These concerns also extend to the appropriateness of union ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... told a recent UTS panel discussion on AUKUS. Despite the controversies surrounding how AUKUS came to light, on October 10, Labor and the Coalition turbocharged the mega-project by pushing the Australian Naval Nuclear Power Safety Bill 2023 through both ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
... supported by prominent industry bodies, was turned down. "Ultimately after months of advocacy, it's incredibly disappointing Labor has chosen to proceed with legislation that does not sensibly index the $3 million threshold to Consumer Price Index (CPI) ...

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
The final budget outcome for 2023/24 came in as a surplus of $15.8 billion - or 0.6% of GDP - for the underlying cash balance - an improvement of $6.5 billion on the previous estimates. The better-than-expected outcome was driven mainly by the payments ...

Limiting negative gearing could add $2bn in annual revenue

ELIZA BAVIN  |  MONDAY, 30 SEP 2024
... billion a year, according to new research from the Grattan Institute. This comes as Treasurer Jim Chalmers has said the Labor government wouldn't be making any changes to negative gearing rules before the next election. "When it comes to negative gearing ...

NGS Super names new chair

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... committee. He also chairs the Queensland Teachers Union Health Fund. Battams is also the current chair and managing director of Labor Holdings, an investment vehicle of the Labor Party, and president of the party's Queensland branch. As for super fund ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... that he could secure them lucrative contracts on major construction projects financed by Cbus because of his influence. "Labor and Cbus have refused to recognise any issue with CFMEU representatives sitting on the board of a $94 billion fund. Cbus has ...