federal budget

Industry

Treasury didn’t consult on new benchmark

Industry has been left out of the conception of the latest performance test, described by APRA's deputy chair Helen Rowell on Monday as one of the major changes foreshadowed in the Federal Budget which is aligned with the prudential regulator's agenda.
Policy and Regulation

Super tax slug hits wealthy Australians: Tria

Australians earning high incomes, who have large balances in collective superannuation funds, will have less confidence in the system following tax changes in the federal budget even in the context of recent laws boosting workers’ mandated rate of savings, according to Tria Investment Partners. Superannuation’s viability has declined on a “slippery slope” under federal Labor […]