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Showing 1 - 10 of 350 results for "US Government"

Budget 2024: Stage 3 tax cuts to take effect July 1

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
The Stage 3 tax cuts will go ahead as planned after the Albanese government made some amendments due to the cost-of-living crisis. Coming into effect July 1, every taxpayer will benefit from a tax cut. However, those earning over $180,000 will see their ...

Global X launches new gold ETF

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... believes gold prices are well supported. Statistically, the best two predictors of the gold price are real yields on US government debt and the strength of the US dollar. With markets forecasting these to possibly fall late in 2024 or early in 2025 ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
The Association of Superannuation Funds of Australia (ASFA) has reported a sharp decline in group insurance coverage, pointing the finger at recent reforms. ASFA research indicates that the implementation of the Protecting Your Super (PYS) and Putting ...

BlackRock to launch US Treasury Bond ETF

CHLOE WALKER  |  WEDNESDAY, 6 SEP 2023
... Bond AUD Hedged Index. Through the fund, local investors will gain exposure to a portfolio of bonds issued by the US government, ranging from one to 30-year maturities. BlackRock Australasia head of wealth Chantal Giles said the new offering reflects ...

Fitch gives Labor budget AAA rating

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
For the first time under a Labor government, Fitch has handed down a AAA rating to the May budget. In a statement, Fitch applauded the government for its spending restraint and said the nation's public finances had outperformed expectations. "The commitment ...

PensionDanmark selects future chief executive

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2023
PensionDanmark appointed Peter Stensgaard Mørch as its new chief executive, to take over after having served a year as deputy chief executive. It was recently announced that Torben Möger Pedersen, the long-serving chief executive of the pension fund ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
Assistant treasurer and minister for financial services Stephen Jones said that without a sustainable finance taxonomy, regulators will only be able to catch the "most egregious" examples of greenwashing in Australia. Speaking at the Australian Council ...

Australians want super safeguard: ISA

CASSANDRA BALDINI  |  MONDAY, 3 APR 2023
According to new data, 80% of Australians agree that super is for providing financial security in retirement and support law changes that will deter early release. As the government's consultation on legislating super objectives closes, Industry ...

Portfolio resistance is key: VanEck

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... curves show that the market is expecting the Feds Fund rate to peak this year and then start falling. The 10-year US Government bond yield is expected to fall to 3.16% by December 2024." He further explained gold is the next lever and a traditional defensive ...

Early super release scheme a mistake: ISA

ANDREW MCKEAN  |  FRIDAY, 17 MAR 2023
Industry Super Australia (ISA) has warned against repeating the early release of super scheme that gave unrestricted access to retirement savings. The early release of super scheme allowed individuals to withdraw up to $20,000 of their retirement savings ...
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