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Showing 951 - 960 of 10771 results for "Government"

Wholesale investor tests up for parliamentary review

KARREN VERGARA  |  MONDAY, 25 MAR 2024
The federal government wants to shake up the wholesale investor tests further in launching a parliamentary inquiry into the entire framework, worrying many fund managers operating in the high-net-worth space. The Parliamentary Joint Committee on Corporations ...

ACNC tightens screws on NFPs with complex corporate structures

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... structures to avoid adherence to the law we administer. We will also continue to refer matters to other appropriate government agencies when we have concerns about suspected breaches of other laws," she said. Another compliance focus for the commission ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... have already been made, including the stage three tax cuts and superannuation on paid parental leave. In addition, the government has also planned big spending for aged care, the expansion of the NDIS and university funding. "The revenue upgrades will ...

Institutional investors shift gears amid 'new market regime'

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
... above-average interest in nature-based solutions. Nuveen's head of global client group Mike Perry said investor's view government policy and technical innovation as "the biggest tailwinds" for investments in the energy transition this year. On the flip ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... forms of class actions are filed that seek to bring about changes in the law or conduct, or to hold businesses and government to account... We expect the trend of ever-expanding ESG class actions to keep pace with developments abroad," Allens said. "In ...

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... fund the Compensation Scheme of Last Resort's (CSLR) first year of operation, drawing outrage from the sector. The government released its estimates for the first and second phase of the levy period. In the first round, the advice sector's levy ...

Castlerock embarks on $30m capital raise

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
Property fund manager Castlerock is aiming to raise $30 million to expand its portfolio focused on government-leased assets. The Castlerock Government Property Fund invests in state and Commonwealth government properties spanning five states. The 10-year-old ...

Treasury releases draft legislation for new $3m super tax

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... and do not reflect the current social and economic climate," Treasury said. "The amendments are consistent with the government's proposed objective of superannuation, to deliver income for a dignified retirement, alongside government support, in an equitable ...

Policymakers face significant challenge in regulating AI

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... Europe, while a third is regulatory capture, which seems likely given the high stakes and dearth of AI expertise in government." Hebner said a balance needs to be struck between encouraging innovation in AI and ensuring safety for citizens. "Mistakes ...

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
The Greens will propose changes to the government's Paid Parental Leave Bill (PPL) to ensure that superannuation is paid on PPL from July 1 this year. Earlier this month, the government announced that the PPL scheme will include superannuation guarantee ...