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| | Treasurer Jim Chalmers has unveiled his second consecutive Budget surplus tonight of $9.3 billion this year. This was the first back-to-back surplus in nearly two decades. However, instead of celebrating, Chalmers warned pressures on the Budget would ... |
| | | ... through increased flexibility to work, study and volunteer. From 20 March 2025, the existing 25 hours per week participation limit will be changed to 100 hours over four weeks. It will also no longer capture study, volunteering or travel time and will ... |
| | | J.P. Morgan Securities Australia Limited (JPMSAL) has been hit with a $775,000 fine by the Markets Disciplinary Panel (MDP) following an investigation by the Australian Securities and Investments Commission (ASIC). The MDP found JPMSAL permitted suspicious ... |
| | | Perennial Partners has agreed with Australian Unity Funds Management Limited (AUFM) to take over the investment management of the latter's Future of Healthcare Fund. AUFM will also step down as trustee of the fund, with Perennial taking over as trustee. ... |
| | | Platinum Investment Management's funds under management took a $1.65 billion hit to finish at $13.5 billion at the end of April. Most of the outflows came from an unnamed institutional investor walking away and product rationalisation initiatives ... |
| | | The super fund plans to begin restoring services later this week, though chief executive Peter Chun has told members the root cause of the outage remains unknown. UniSuper's systems, including its app, have been down for about a week now, with members ... |
| | | From July 1, Australian Retirement Trust (ART) will add thermal coal to its list of exclusions. ART currently applies three exclusions when directly investing in Australian and international share asset classes across all its investment options, being ... |
| | | AustralianSuper will introduce a new age-based insurance cover scale for members aged 15 to 25 from June 1 this year. New age-based cover amounts will automatically start on June 1 for members younger than 25 years old because they have made certain ... |
| | | Most pension fund managers and institutional investors plan to increase their exposure to Vietnam over the next three years, according to research from Dragon Capital. Dragon Capital, a Vietnam-focused investment firm reported that 96% of them expect ... |
| | | Almost 90% of surveyed auditors do not support the government's requirements to implement mandatory climate reporting and assurance on private companies, not-for-profits and companies limited by guarantee, according to a new survey. The survey was conducted ... |
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