Search ResultsShowing 1 - 10 of 100+ results for "Treasury"
Super tax concessions out of hand
HARRISON WORLEY  |  MONDAY, 24 FEB 2020
Latest analysis of Treasury data shows superannuation tax concessions are growing so large they will soon rival the Age Pension. New Australia Institute analysis shows tax concessions in superannuation are almost as large as the cost of the Age Pension ...
SG increase will hurt women: NFAW
ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... hurt women and the age pension should remain a strong element of the retirement income system. In its submission to the Treasury the NFAW said the superannuation guarantee system is "inherently flawed" as it is based on lifetime income. "This has always ...
Bell FG appoints director, releases FY results
ALLY SELBY  |  FRIDAY, 21 FEB 2020
... held chief executive and chief financial officer roles throughout her career, including as the managing director of Treasury Group Investment Services and chief financial officer and general manager of the NSW Treasury Corporation. She also spent five ...
SMSFs interrupted in 2019: SuperConcepts
ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... Hume did say the government was committed to those changes becoming law. In terms of legislation that did pass in 2019, Treasury Laws Amendment Bill 2019 was passed into law on 2 October 2019. This introduces the Super Guarantee opt-out which allows ...
The sick short: Banking big on the coronavirus
ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... the pandemic, and recommended investors short anything China-facing. He pointed to the consumer discretionary sector (Treasury Wine Estates in particular), the materials sector (BHP, Rio Tinto and Fortescue Metals Group), and oil (Woodside Petroleum) ...
FSC calls for CSLR claims cap
ALLY SELBY  |  FRIDAY, 14 FEB 2020
The Financial Services Council (FSC) has called for the government to cap compensation claims over financial misconduct at "reasonable levels" so as not to create a "moral hazard". In a submission to the Treasury's Compensation Scheme of Last Resort ...
FASEA extension passes
ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
... Adviser Standards and Ethics Authority exam and education requirements has passed the House of Representatives. The Treasury Laws Amendment (2019 Measures No.3) Bill amends the Corporations Act so that financial advisers will have more time to pass the ...
Industry butt heads over super guarantee
ALLY SELBY  |  THURSDAY, 13 FEB 2020
... head to head over Australia's super guarantee system, yet all agree it's time for an upheaval. In a submission to the Treasury's Retirement Income Review Panel, the Actuaries Institute called for universal superannuation guarantee (SG) coverage for all ...
Magellan cracks $100 billion
KANIKA SOOD  |  THURSDAY, 6 FEB 2020
The global equities powerhouse cracked $100 billion at January end but no one at their offices is popping the champagne. Magellan reported its total funds under management as $104 billion at the end of January. Just one year ago, this number was about ...
BetaShares calls for universal pension
ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
... everyone, funded by superannuation contributions. The proposal was made in the company's submission to the Australian Treasury as part of its consultation with market participants on the Retirement Income Review. In collaboration with the Monash Centre ...
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