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Showing 1 - 10 of 752 results for "Nations"

Australia's budget position ranks second among G20 nations

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
Australia's budget balance as a share of gross domestic product (GDP) was second among G20 nations last year, improving from 14th in 2021, according to the International Monetary Fund (IMF). Australia's budget balance was -0.9% of GDP in 2023, surpassing ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... distribution inequality, among these countries register above 0.4, which Oxfam said hits the warning level set by the United Nations. On a scale from zero to one, a Gini coefficient of one denotes total inequality. Australia's Gini coefficient in 2019-20 ...

Indigenous communities reunited with $25m in lost super

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
The total superannuation found by First Nations Foundation on behalf of Indigenous Australians now comes in at $25.2 million. In 2023, the foundation reconnected First Nations people with $1.2 million, bolstering the total found. The superannuation ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... malicious scammers. "We are scrutinising the way lenders comply with their hardship obligations, how banks support First Nations consumers to access low-fee accounts, and how superannuation trustees deliver important member services, such as how they ...

Super funds convene with assistant treasurer

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... arrangements and culturally adopted children as death beneficiaries. As previously reported by FS Sustainability, First Nations people are not properly supported when it comes to navigating industry identification verification processes to access financial ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... contributions to the average underage worker. The government should also recognise the unique cultural perspectives of First Nations peoples on wealth, sharing, and relationships, which are critical to improved access of beneficiaries to super by amending ...

NAB names new chief executive

CHLOE WALKER  |  WEDNESDAY, 7 FEB 2024
... business and private banking performance and been a tireless advocate for the agriculture sector, small business and First Nations business." At the same time, Chronican paid tribute to McEwan, who joined NAB in December 2019 with a mandate for change ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... emphasised that a larger underlying issue is Australia's weak post-pandemic productivity, ranking poorly among developed nations. This has driven unit labor costs - wages adjusted for productivity - significantly above the RBA's 2-3% inflation ...

US investor tips $200m into Wingate

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
... below-trend currency rates, makes us a comparatively appealing investment destination in comparison to many other developed nations," Jacobson said. "At Wingate, we currently see significant opportunity in residential real estate private credit, especially ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... Two years on, Russia's continuous attacks have killed 9614 Ukrainians as at September 2023, according to the United Nations, while its destruction of civilian infrastructure resulted in over 6.5 million refugees. ART, AustralianSuper, Hostplus, and ...
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