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Showing 1 - 9 of 9 results for "Scott Bessent"

Trump building 'better' super system than Australia

ELIZA BAVIN  |  FRIDAY, 1 MAY 2026
... has unveiled his new retirement savings plan, inspired by Australia's superannuation system. US Treasury Secretary Scott Bessent said the government designed a plan "that's something pretty close or in the direction of the Australian system." However ...

Chalmers says Budget 'hostage' to Middle East conflict

ELIZA BAVIN  |  MONDAY, 20 APR 2026
... prepared to present it on May 12. Chalmers has been in the US taking part in discussions with US Treasury Secretary Scott Bessent and other G20 nations. "We will do our best to take into consideration all of the developments around the world and especially ...

Trump announces new US retirement plan

ELIZA BAVIN  |  FRIDAY, 27 FEB 2026
... Trusts, around 56 million Americans do not have access to a retirement savings plan at work. Treasury Secretary Scott Bessent said the government could use the budget reconciliation process to advance the new retirement proposal. Bessent said the proposal ...

Chalmers globetrots to sell minerals for foreign investment

ELIZA BAVIN  |  TUESDAY, 13 JAN 2026
... series of strategic discussions. "While in Washington DC, I'll have bilateral meetings with US Treasury Secretary Scott Bessent, UK Chancellor Rachel Reeves, Japanese Finance Minister Satsuki Katayama and Canadian Minister of Finance and National Revenue ...

Super funds given reprieve from Trump's 'Big Beautiful Bill'

ELIZA BAVIN  |  FRIDAY, 27 JUN 2025
... investors expressed concerns over the retaliatory tax proposal. The announcement was made by US Treasury Secretary Scott Bessent overnight on social media platform X (previously Twitter). "After months of productive dialogue with other countries on the ...

Chalmers advocates for Aussie instos on 'Big Beautiful Bill'

ELIZA BAVIN  |  THURSDAY, 26 JUN 2025
... Donald Trump's 'Big Beautiful Bill'. Chalmers said he had a "very productive" conversation with US Treasury Secretary Scott Bessent, where they discussed a range of issues facing Australia, including tariffs and Trump's tax bill. "This was a very positive ...

Sydney to host global superannuation summit

ANDREW MCKEAN  |  MONDAY, 3 MAR 2025
... Summit, hosted by US ambassador Kevin Rudd in Washington DC and New York, featured leaders like US treasury secretary Scott Bessent and Australian treasurer Jim Chalmers. The Summit showcased Australia's largest super funds, which invest $631.6 billion ...

Chalmers looks to trade super pool for minerals with US

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
... super sector has deep pockets when it comes to investing in the US was naturally welcomed by US Treasury Secretary Scott Bessent. Bessent said the super model and its scale was "fantastic, especially considering Australia had a population smaller than ...

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
... order calling for the creation of a sovereign wealth fund. The executive order directs US secretary of the treasury Scott Bessent, who was sworn in last week by Supreme Court Justice Brett Kavanaugh - nominated by Trump during his first term - and Trump's ...
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