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Showing 1 - 10 of 607 results for "expenditure"

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... Proper, as well as their adherence to the duty to act in the best financial interests of beneficiaries when making expenditure decisions. BUSSQ responded at the time saying that itself and super funds in general are subject to comprehensive and robust ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... said. Last week, APRA imposed additional licence conditions on Cbus, mandating that an independent expert review their expenditure practices to assess whether they've acted in the best interests of members. Cbus chief executive Kristian Fok said ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
... manage the retirement savings of nearly one million Australians, will also have independent expert scrutinise their expenditure practices, assessing whether they've consistently acted in the best financial interests of members. The spotlight on fitness ...

APRA heightens expectations around trustees' spending

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... strategic planning and member outcomes, placing a clearer focus on superannuation members' interests when it comes to fund expenditure. The regulator updated Prudential Standard SPS 515 Strategic Planning and Member Outcomes and its related guidance ...

ASX advances CHESS replacement project

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... between 6% and 9%. Excluding depreciation and amortisation, this range is expected to be between 4% and 7%. Capital expenditure for FY24 is forecasted to be around $135 million, which aligns with previous guidance. For FY25, technology capital expenditure ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... spending over and above inflation. "I understand that there is a younger cohort that in real terms is cutting back their expenditure, but the fact remains that everyone is slowing their expenditure. They might still be spending but the growth rate in ...

Liberals respond to Federal Budget

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
... rein in spending to alleviate inflation. This would begin with cutting the government's planned $13.7 billion expenditure on production tax incentives for green hydrogen and processed critical minerals, which he believes should be self-sustaining. ...

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
Super Members Council (SMC) has slammed the Coalition's plan for young Australians to use their super for a house deposit, saying new modelling shows it could cost taxpayers a cumulative $1 trillion. SMC said even a policy which capped super withdrawals ...

Dividends up but share buybacks fall: Janus Henderson

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... is not evidence that this is happening. It is all about companies finding the appropriate balance between capital expenditure, their financing needs and shareholder returns via dividends, buybacks or both."

Super fund expenditure to be exposed

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... allocation information as "non confidential" and therefore available for publication. Starting from August, the new expenditure data will provide details on the breakdown of expenses for the whole industry, and for each fund, by more detailed categories ...
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