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Showing 951 - 960 of 2469 results for "Budget"

First home buyers: Devil is in the detail for super funds

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
... they say will help young people to get a foothold in the property market. The scheme, announced as part of the Federal Budget on Tuesday night, will allow first home buyers to use up to $30,000 of voluntary superannuation contributions, plus the earnings ...

LRBA loophole for SMSFs removed

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
... be prevented from circumventing contributions caps through the use of limited recourse borrowing arrangements under new Budget measures. Announced in the Federal Budget this week, from 1 July 2017, the outstanding balance of a limited recourse borrowing ...

Government trials social impact investments

KARREN VERGARA  |  THURSDAY, 11 MAY 2017
... combat social and environmental issues, starting with youth homelessness. Treasurer Scott Morrison revealed in Tuesday's Budget his intentions to source alternative funding mechanisms, namely with the help of the private sector, to establish a social ...

Government bond issuance to fall 20pct

ALEX DUNNIN  |  WEDNESDAY, 10 MAY 2017
Australia's slowly improving Budget position should enable the Australian Office of Financial Management (AOFM) to reduce its annual borrowings next financial year by about 20%. According to a statement released by the AOFM today, with two months left ...

APRA announces promotions, new hires

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
Following the news of a funding boost for the regulator in the latest Budget, APRA added four new senior executives to its leadership team. Melisande Waterford, who has worked with APRA since 1998, will take on the newly-created role of general manager ...

Advice associations respond to Federal Budget

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2017
In the wake of new Budget measures to ease pressures on housing affordability, the Financial Planning Association of Australia reinforced its stance that superannuation should not be made accessible to first home buyers. Under proposals made in the ...

Investment trusts receive affordable housing concessions

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
... housing, and that said affordable housing is available on leases for at least 10 years. Affordable housing was defined in the Budget as being provided to "low to moderate-income tenants, with rent charged at a discount below the private rental market ...

Federal Budget is a Ginger Spice

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
... of Budgets this year, according to IOOF head of technical services Martin Breckon. Explaining himself, Breckon said the Budget appeared to be designed to avoid any comparisons to its far more controversial 2014 predecessor. "This time the Government ...

Another Budget, another promised surplus

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2017
A Budget here, and a Budget there, Budget, Budget, everywhere a Budget. Yes Virginia, it's Budget overload, there's wall to wall coverage of the Australian Federal government's 2017/18 Budget - before, during and after - its big reveal on the evening ...

Budget undermining super: Labor

KARREN VERGARA  |  WEDNESDAY, 10 MAY 2017
Treasurer Scott Morrison's Budget missed the mark in setting superannuation policies right, proving they cannot be trusted with more than $2.1 trillion in assets, according to the Federal Opposition. Shadow Treasurer Chris Bowen and Shadow Revenue and ...

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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