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super

25 May 2020 • By Sarah Simpkins • 1 min read

Tax storm looms for super

Superannuation could be set to lose its preferential tax treatment in the COVID-19 recovery, an actuary has cautioned, with its chief noting the ...

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Retirement income framework on backburner

The government has delayed legislation to introduce a retirement income covenant for the new financial year, arguing the issue requires “further ...

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Battle lines drawn on JobKeeper bungle

The revelation that the cost of JobKeeper has been halved has sent shock waves through Canberra as pollies grapple with the decision of whether to ...

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Australians ‘in the dark’ on super

New research shows that many Australians wrongly believed super funds would automatically de-risk in the lead-up to the COVID-19 crisis

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Early super numbers increase

Early super numbers have climbed again as APRA releases the latest fund data. Over the week to 17 May, super funds made payments to 220,000 ...

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IOOF class action resolved

A class action brought against IOOF in the Supreme Court has been discontinued, with no payouts to be made to the law firm or the shareholders it ...

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ETFs ‘ballooned’ to tenth of ASX trades

Investors have flocked to ETFs according to a new white paper, despite the virus-induced market turmoil. The latest ETF sector report from provider ...

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JobKeeper error slashes cost by billions

A significant number of JobKeeper enrolment forms have been found to contain errors, slashing the cost of the program by almost half. An ATO review ...

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Treasury shrugs off super liquidity fears

Despite concerns that the superannuation industry would need assistance with dispensing cash for the early release scheme, Treasury has indicated as ...

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China ditches GDP target

In what comes as no surprise, China has abandoned its GDP growth target and will launch a number of stimulus measures to kickstart its economy

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