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Showing 941 - 950 of 2469 results for "Budget"

Australians failing to act on increased retirement cost

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
While the increased cost of essential items over the past decade has led to a rise in the amount required for a comfortable retirement, HSBC believes Australians are unlikely to do anything about ensuring they achieve it. The Association of Superannuation ...

Super reforms hit parliament

EMMA RAPAPORT  |  MONDAY, 29 MAY 2017
A Bill containing key amendments to the 2016 Federal Budget including changes to transition to retirement pensions and pooled super trusts has been tabled in parliament. According to IOOF's head of technical services Martin Breckon, the amendments are ...

SMSF associations announce merger

EMMA RAPAPORT  |  FRIDAY, 26 MAY 2017
... have been adversely affected by the impending superannuation reforms - not 4% the government underestimated in last year's budget. A new report from SMSF software company Class found Baby Boomers aged 49 and over will be the hardest hit as they make ...

Future Fund investment mandate revised

DARREN SNYDER  |  THURSDAY, 25 MAY 2017
... annum since its inception in May 2006, which was ahead of its 6.9% benchmark. The mandate revision follows the Government's Budget decision to defer drawing down from the Future Fund until at least 2026-27. Federal Treasurer Scott Morrison said the revised ...

Advisers doubtful over super home deposit scheme

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
... Lindzi Caputo said there are still a lot of questions surrounding the initiative, announced in Treasurer Scott Morrison's Budget, which aims to help first home buyers save up for a deposit via their super fund while taking advantage of a lower taxation ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
... that showed the unemployment rate dropped from 5.9% in March to 5.7% in April - better than the 5.75% projected in the Budget 2017-18 papers. But the latest labour market report could be a case of one hand clapping for ScoMo for the details showed that ...

Treasury responds to ABA derision over bank levy

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
... statement would be made available when the draft legislation is tabled, citing the inclusion of the levy in the Federal Budget followed thorough development as part of normal budget processes. "Through those processes, careful consideration was given ...

Banks hoping to stall new tax

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2017
... four banks have called for the Government to hold off on implementing the proposed levy announced in last week's Federal Budget. In submissions to Treasury, both ANZ and Commonwealth Bank identify significant risks to Australia's economic and financial ...

Housing is cooling

BENJAMIN ONG  |  TUESDAY, 16 MAY 2017
... by banks lifting mortgage rates. These, along with additional restrictions on the property market announced in the 9 May Budget, point to further slowing in the property market going forward. Federal Treasurer Scott Morrison announced measures against ...

Praemium chief executive takes back company

ALEX BURKE  |  MONDAY, 15 MAY 2017
The chief executive terminated from Praemium in February has returned to his position following Friday's board spill. Michael Ohanessian was re-appointed as Praemium chief executive, replacing interim chief and former Bankwest managing director Robert ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |   12:01PM
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |   11:30AM
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |   12:13PM
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |   11:50AM
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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