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Showing 901 - 910 of 5392 results for "Federal"

Economic recap: Week to October 8

BENJAMIN ONG  |  MONDAY, 11 OCT 2021
... the late 1950s. The same could be observed across many, if not most, global economies. So much so that, not only the US Federal Reserve, but most major world central banks have been hard at work trying to get measured inflation up to their targets. The ...

Industry calls for expanded CSLR

ANNABELLE DICKSON  |  WEDNESDAY, 6 OCT 2021
... of the Royal Commission's most important recommendations." In August, industry associations banded together to push the federal government to make structural changes to the scheme.

Economic recap: Week to October 1

BENJAMIN ONG  |  MONDAY, 4 OCT 2021
... of "dirty" coal will eventually make greener alternatives more financially and economically viable. Just as Australian federal treasurer Josh Frydenberg declared in his address to the Australian Industry Group on September 24: "It's a long-term shift ...

AIOFP petitions to delay DDO, annual renewal

KARREN VERGARA  |  FRIDAY, 1 OCT 2021
... members. Johnston also wants an independent panel established to analyse and moderate the compliance regime after the federal election with the aim of elimination unnecessary compliance duplication. "The greatest opportunity however is to get thousands ...

Class action legislation open for consultation

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
... uncertainty in relation to common fund orders. Meanwhile, recommendation 11, 12, 13 and 16 refer to giving more power to the Federal Court of Australia to reject, vary of amend the terms of any litigation funding agreement and for the Court to appoint ...

SMSFs welcome RIC exemption

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
The federal government sparing self-managed superannuation funds from the looming Retirement Income Covenant legislation has been welcomed by the sector. In response to the release of the Retirement Income Covenant exposure draft legislation, SMSF Association ...

Retirement Income Covenant closer to materialising

KARREN VERGARA  |  TUESDAY, 28 SEP 2021
The federal government unveiled the long-awaited Retirement Income Covenant exposure draft legislation and is taking industry feedback until October 15. The document sets out the obligations of superannuation trustees in designing a strategy for retirees ...

Tax incentive could boost affordable housing: ISA

ELIZABETH MCARTHUR  |  MONDAY, 27 SEP 2021
In its submission to the federal government's inquiry into housing affordability, Industry Super Australia has suggested superannuation funds could play a key role in creating more affordable housing. "Simply increasing overall housing stock will not ...

Economic recap: Week to September 24

BENJAMIN ONG  |  MONDAY, 27 SEP 2021
... markets have been on edge ever since they got the first whiff of "taper" in the air. This started when the minutes of the US Federal Reserve's April 27-28 FOMC meeting revealed that: "A number of participants suggested that if the economy continued ...

AMP reduces super fees

JAMIE WILLIAMSON  |  MONDAY, 20 SEP 2021
... critical to helping them to make good decisions in order to meet their retirement goals." The fee changes come as AMP faces Federal Court over fees for no service charged on corporate super accounts between 2015 and 2019. It is alleged the misconduct ...