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Showing 901 - 910 of 1807 results for "Bill 2014"

Gina gets richer but falls down list

AAP  |  WEDNESDAY, 5 MAR 2014
Mining magnate Gina Rinehart has tumbled 10 places on a list of the world's wealthiest, despite getting richer. Rinehart's wealth is estimated to have increased in the past year by $786.65 million to $19.89 billion, but she fell from a ranking of 36 ...

Looming pension deeming rules "lack clarity"

ALICE URIBE  |  FRIDAY, 21 FEB 2014
The changes to the deeming rules for account based pensions look likely to be passed by the Parliament this year, with SPAA warning SMSF trustees to be prepared despite the lack of available information. SPAA senior manager, technical and policy Jordan ...

Market Wrap

AAP  |  FRIDAY, 14 FEB 2014
The Australian share market has opened half a per cent higher after Wall Street shrugged off disappointing retail sales figures. US stocks ended higher despite data showing the country's retail sales unexpectedly fell 0.4 per cent in January, the second ...

Blame it on the boogie

BENJAMIN ONG  |  FRIDAY, 14 FEB 2014
It's the weather, stupid! This was how Wall Street interpreted last disappointing data on retail spending and weekly jobless claims. 'Twas a convenient excuse (rationale?), particularly last night when a skyful of snow dropped on the East Coast about ...

US Congress votes to raise debt ceiling

ALEX DUNNIN  |  THURSDAY, 13 FEB 2014
Both houses of the US Congress have passed a bill to increase the US debt ceiling, with no additional debt ceiling increases expected to be needed until 2015. It was passed first in the House of Representatives 221 to 201 after an estimated 30 Republicans ...

Market Wrap AM

AAP  |  WEDNESDAY, 5 FEB 2014
The Australian market looks set to open flat after mixed performances on international markets. At 0904 AEDT on Wednesday, the March share price index futures contract was up three points at 5,053. European markets were mixed but US stocks moved higher ...

Super subsidies cost $32bn: Treasury

ALEX DUNNIN  |  FRIDAY, 31 JAN 2014
As the government prepares for a review of unsustainable welfare payments, Treasury has released its 2013-14 Tax Expenditures Statement (TES) that confirms the cost of superannuation tax subsidies is $32 billion. The TES is produced each year and is ...

Sinodinos defends "speedy" FoFA legislation

ALICE URIBE  |  FRIDAY, 31 JAN 2014
The Assistant Treasurer Arthur Sinodinos has denied claims that the government's plan to implement the Future of Financial Advice (FoFA) reform measures through regulations, rather than via legislation, is a way to avoid opposition scrutiny. Speaking ...

BNP Paribas enters EU with ASIC

LAURA MILLAN  |  WEDNESDAY, 29 JAN 2014
BNP Paribas (BNP) has entered into an enforceable undertaking with the Australian Securities and Investments Commission (ASIC) in relation to potential misconduct involving the Australian Bank Bill Swap Rate (BBSW). In November 2012, BNP reported to ...

Government releases FoFA draft legislation

ALICE URIBE  |  WEDNESDAY, 29 JAN 2014
As part of its move the wind back the former government's Future of Financial Advice (FoFA) reforms, Assistant Treasurer Arthur Sinodinos has released a set of draft regulations and legislation for consultation. The draft legislative amendments and ...