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Showing 1 - 10 of 100+ results for "Government"

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
At first glance, the government's superannuation plan for homebuyers seemed a compelling proposition, but concrete analysis has revealed that at best it's only a marginal measure. The Financial Planning Association of Australia (FPA) has applauded both ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... pay US$3 billion in restitution to investors and US$2.3 billion in fines. It will also forfeit US$63 million to the government. "Pension funds for so many retirees, religious organizations, and essential workers - from laborers in Alaska, to teachers ...

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... last-ditch pitch to 'aspirational Australians'. Morrison has said that supporting first home buyers is a key part of his government's plan. On his policy, Morrison said: "This is how you help with the cost of living." "You let them use their own money ...

Government proposes further expansion of downsizer scheme

JAMIE WILLIAMSON  |  TUESDAY, 17 MAY 2022
The Morrison government has said it will expand the downsizer superannuation scheme by reducing the minimum eligibility age if re-elected this weekend. At present, the downsizer superannuation scheme is only available to those aged 65 years and over. ...

Good isn't good enough for the super system: Byres

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... said. "Our primary focus continues to be to drive out sub-standard products and practices, using a combination of the government's annual performance test, our own heatmaps, intensified supervision and when needed a more muscular approach to enforcement." ...

Super Guarantee increases now ironclad

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
The super industry has welcomed the Prime Minister's re-election promise that a Coalition government will lift the Superannuation Guarantee to 12% as legislated. The Prime Minister has said he "stands by" the currently legislated 12% increase and ...

Industry pans early release superannuation policy

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
The Morrison government's re-election Hail Mary policy to allow early superannuation withdrawals to be used for house deposits has been widely condemned. A joint media release between Scott Morrison, Michael Sukkar and Jane Hume boldly proclaimed that ...

CEW push for more women leaders

MICHELLE BALTAZAR  |  FRIDAY, 13 MAY 2022
... trillion (US$900 billion). As the inaugural chair of the Tech Council of Australia, Denholm made a strong call for the government to drive more innovation in the country. "Ensure that your policy and regulatory settings are focused on encouraging Australian ...

ETF Securities to win Australian crypto ETF race

ANDREW MCKEAN  |  TUESDAY, 10 MAY 2022
... brought cryptocurrency into ETF form, investors could now trade and own it in a tightly regulated environment with government oversight. ETF Securities cryptocurrency ETFs were built in partnership with 21Shares. Under the partnership, ETF Securities ...

Cbus executive named ESSSuper chief

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
... ESSSuper has named its new chief in Cbus group executive Robbie Campo. Campo will assume the top job at the $35 billion government fund in July. She was appointed following an extensive recruitment process and was selected from a strong field of candidates ...
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