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Showing 81 - 90 of 1750 results for "Budget 2022"

Australia's billionaire boom branded 'morally wrong' by Oxfam

ANDREW MCKEAN | TUESDAY, 3 JUN 2025

The ranks of Australian billionaires have more than doubled over the past decade, accumulating wealth at $137 million per day on average - $95,000 per minute, according to Oxfam Australia. Its acting chief executive Christina Muli described this as ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN | FRIDAY, 23 MAY 2025

As politicians, industry groups, and financial experts spar over the $3 million super tax, which will only affect a fraction of Australians, another critical problem is being ignored. The "vast majority" of people under 30 will never have more than ...

Chalmers lays down the law on super tax

ELIZA BAVIN | WEDNESDAY, 14 MAY 2025

Treasurer Jim Chalmers is remaining steadfast that the Labor government will legislate the 30% tax rate on superannuation balances over $3 million. "We've made that clear that we haven't changed our policy. We announced that policy more than ...

Future Fund makes leadership appointments

JAMIE WILLIAMSON | TUESDAY, 13 MAY 2025

Future Fund has appointed a chief financial officer and chief risk officer, as well as a chief people, culture and inclusion officer. Nancy Collins is joining the Future Fund Management Agency from Swinburne University of Technology. There, she has ...

Coalition's super on PPL plan 'deeply worrying'

ELIZA BAVIN | FRIDAY, 2 MAY 2025

The Coalition has confirmed that it plans to make paying superannuation on Commonwealth Paid Parental Leav e (PPL) optional for working mothers, as a $158 million budget saving measure. The Coalition's election costings revealed several cost-saving ...

Trade war rattles pre-election economic outlook

KARREN VERGARA | TUESDAY, 8 APR 2025

Treasury admits that escalating trade hostilities and risks to the economy are "more significant than expected" as it releases its Pre-election Economic and Fiscal Outlook (PEFO). While the government's Budget figures have not changed since they were ...

Jones clarifies scope of new class of adviser

ANDREW MCKEAN | FRIDAY, 28 MAR 2025

Minister for financial services Stephen Jones has ruled out talk that the new class of adviser could provide holistic personal retirement advice and acknowledged the need to reform the Compensation Scheme of Last Resort (CSLR) during a post-budget briefing ...

Dutton doubles down on 'super for housing' policy

ELIZA BAVIN | FRIDAY, 28 MAR 2025

Opposition leader Peter Dutton put his party's policies on the table during his Budget reply speech, in which he campaigned on energy price reductions, a tougher stance on immigration and increased spending for healthcare and education. While Treasurer ...

Inflation slows, but for how long?

ELIZA BAVIN | WEDNESDAY, 26 MAR 2025

The monthly Consumer Price Index (CPI) indicator rose 2.4% in the 12 months to February 2025, according to the latest data from the Australian Bureau of Statistics (ABS). "Annual CPI inflation was slightly lower in February, after holding steady at ...

Labor accelerates defence spending

KARREN VERGARA | TUESDAY, 25 MAR 2025

The defence portfolio will grow to $57.6 billion over the next decade as the Albanese government tightens national and economic security amid growing geopolitical tensions. As announced last year, the government will invest an additional $50.3 billion ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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