Deloitte forecasts gradual pickup in Australian economic growth
The pace of economic growth in Australia is expected to “grind higher over coming quarters” off the back of lower inflation, falling interest rates, and a robust labour market, Deloitte has said.
Super sector welcomes US move to scrap controversial section 899
The superannuation sector has welcomed confirmation that a controversial US tax provision will be removed.
AustralianSuper slammed for alleged ESG breach
The super fund has entered the crosshairs of Market Forces due to its large shareholding in Whitehaven Coal.
AUTHOR
Adrian Suljanovic
Chalmers lobbies US Treasury Secretary on section 899 concerns affecting super
Treasurer Jim Chalmers has held talks with US Treasury Secretary Scott Bessent, intensifying efforts to resolve concerns over section 899 of the proposed “Big Beautiful Bill” in the United States.
RBA may cut rates in July as inflation cools, experts say
Following the release of the Australian Bureau of Statistics’ monthly Consumer Price Index (CPI) report on Wednesday, market experts have weighed in on inflation trends and the Reserve Bank of Australia’s (RBA) interest rate outlook.
ASFA and JANA release draft guidance note ahead of CPS 230 start date
The draft guidance note enhances and replaces existing guidance on investment management operational due diligence to prepare for the start of prudential standard CPS 230.
Much to be done on super tax concessions, says Coates
Grattan’s Brendan Coates believes there’s still much to be done to curb superannuation tax concessions that lack a plausible purpose.
Competitive forces effective for improving governance issues, says AustralianSuper
The super fund has cautioned APRA against using its Governance Review as a “misguided way” of dealing with old problems.
Aussie funds hit pause on US deals amid section 899 tax fears
Local institutional investors are exercising caution and reassessing their US investment strategies amid growing uncertainty over section 899.
Competitive forces effective for improving governance issues, says AustralianSuper
The super fund has cautioned APRA against using its Governance Review as a “misguided way” of dealing with old problems.
