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Showing 71 - 80 of 22800 results for "Super"

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
Discretionary trusts have been slapped with a 30% minimum tax amid a slew of "fairer tax arrangements" reforms in the 2026-27 Budget to address intergenerational inequity. From 1 July 2028, Treasurer Jim Chalmers proposes to introduce the new tax that ...

Budget doubles down on housing supply with $2bn infrastructure push

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers unveiled a new $2 billion Local Infrastructure Fund aimed at accelerating housing delivery and easing development delays. The fund will support local governments and state utilities providers in delivering essential "last mile" ...

Chalmers overhauls negative gearing, CGT discount

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty said this is a win for 19 million Australians with a super account, who value stability in super's tax settings. "Super offers every Australian a deal: if you set aside money ...

TelstraSuper-Aware Super merger complete

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
TelstraSuper and Aware Super have successfully completed their merger, less than a year after they began to explore the proposal. About 85,000 TelstraSuper members have now joined Aware Super via a Successor Fund Transfer (SFT) to create a superannuation ...

Rest faces scrutiny over alleged super reporting error

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... treat any concerns seriously and address them fairly and promptly," the fund said. An ATO spokesperson said APRA-regulated super funds are expected to treat member reporting data as a "core regulatory obligation", including maintaining strong internal ...

ASFA expands technical implementation service

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... service will help related entities manage major regulatory transformations - like the one currently underway with Payday Super - from the early stages of policymaking through to practical implementation. "ASFA has spotted a missing piece in how funds ...

Brighter Super, QIC Ventures invest in ProcurePro

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
Brighter Super and QIC Ventures have backed ProcurePro, a digital procurement platform, boosting the startup's value to more than $100 million. The two parties helped raised $15 million via a Series B round in the hope of scaling the platform which ...

Senate report backs removal 30-hour work threshold for SG

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
A Senate Economics Legislation Committee report released this week expressed in principle support for paying super on every dollar earned, including removing the existing 30 hour per week threshold that currently applies to under 18 workers. Under current ...

Super funds welcome UK's Supers Unit to push investments

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
... Rachel Reeves and Australian Treasurer Jim Chalmers on the sidelines of the G20. in Washington DC. A number of Australian super funds and investors, including IFM Investors, AustralianSuper, Australian Retirement Trust, Aware Super and Rest have offices ...

Product showcase: A guaranteed future

THE FINANCIAL STANDARD TEAM  |  MONDAY, 11 MAY 2026
... for growth." For its part, Allianz Retire+ launched Allianz Guaranteed Income for Life (AGILE). AGILE aims to help convert super or retirement savings into a stable, lifelong income stream with the potential to grow and protect against market downturns. ...