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Showing 21 - 30 of 109 results for "payments"

World Bank exit policy gets thumbs up from local experts

ROSE MARY PETRASS  |  THURSDAY, 21 NOV 2024  |  NEWS
... debt investments with complaints attached were exited early; 88% of these were IFC cancellations or client-initiated pre-payments. The bank did not even consistently record why exit decisions were made, although 30% of complaint-linked exits cited environmental ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  TUESDAY, 12 NOV 2024  |  NEWS
... responded. Bragg went on to question the $5.8 million Cbus has paid to the union in recent years, with Fok clarifying the payments are for several things including director payments, the partnerships program the fund operates and more. "What I will say ...

Parental leave super narrows gender savings gap

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024  |  NEWS
... contributions paid alongside government-funded parental leave entitlements passed parliament this week. Parents receiving payments from the Commonwealth Paid Parental Leave scheme will begin receiving Superannuation Guarantee contributions from 1 July ...

Super on parental leave bill hits parliament

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024  |  NEWS
... announcement in March that it would begin paying Superannuation Guarantee (SG) contributions alongside the parental leave payments. Under the legislation, those who take paid parental leave will accumulate SG contributions on the income paid by the government ...

Philanthropic donations under scrutiny

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
... clear that Australia needs more transparency around political spending, political contributions, real-time disclosure of payments to parties, and lowering the threshold at which those payments have to be disclosed. "At the moment, it can be up to 18 ...

Members shouldn't carry energy and housing

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
... transition risk, the panelists all stated they have a more pressing challenge: how can super funds handle the wave of payments as millions of Australians move to the decumulation phase? "I spend a lot more time thinking about the complications involved ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  MONDAY, 11 MAR 2024  |  NEWS
... industry and Australian women, 12% superannuation contributions will be made by the government alongside parental leave payments, effective 1 July 2025. That is, if Labor is successful at the next federal election, expected to take place in May next ...

Mind the gap: Women in ESG may earn more than broader finance

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... of the challenges is that a lot of sectors are still male-dominated, particularly those that are offering additional payments in the form of bonuses," Evans said. "Bonuses also are more prevalent, and a higher proportion of the total package in higher ...

Australia's wealth gap deepens: Report

CHLOE WALKER  |  THURSDAY, 28 SEP 2023  |  NEWS
... chief executive Cassandra Goldie said. "Sadly, it was a story of two steps forward, and two steps back when the increased payments were withdrawn, and income inequality returned to close to pre-pandemic levels." Left unchecked, growing wealth inequality ...

Climate: debt rise, credit falls for 59 nations as early as 2030

ROSE MARY PETRASS  |  FRIDAY, 11 AUG 2023  |  NEWS
... downgrades on the cost of corporate and sovereign debt were also calculated. Climate change could increase the annual interest payments on sovereign debt by US$45-$67 billion under RCP 2.6. Sovereign debt rose to US$135-$203 billion under RCP 8.5 - an ...