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The Australian Business Number (ABN) is a unique 11-digit identifier issued by the Australian Business Register (ABR) which is operated by the Australian Taxation Office (ATO). The ABN was introduced on 1 July 2000 by John Howard 's Liberal government as part of a major tax reform, which included the introduction of a GST .
AustralianSuper is an Australian superannuation fund headquartered in Melbourne, Victoria.It is an industry super fund, and so operates through a mutual fund structure.. With over A$ 340 billion of retirement savings under management and more than 3.4 million members, AustralianSuper is the largest superannuation fund in Australia and the sixteenth largest pension fund in the world.
The ABN is required when a person, trust or company is registered with the Australian Business Register (ABR) and conducts a business. The ABN facilitates and streamlines many Australian business-to-government and government-to-business processes, such as Australian Tax Office transactions involving the collection and remittance of GST.
Construction and Building Unions Superannuation (Cbus) is an Australian industry super fund. It is one of Australia's largest super funds. It is open to all members of the public as a public offer fund. Due to its mutual fund structure, CBUS retains all profits to members.
Superannuation in Australia, or "super", is a savings system for workplace pensions in retirement.It involves money earned by an employee being placed into an investment fund to be made legally available to members upon retirement.
MTAA Super is a public offer fund and allows membership to all Australians. MTAA Super was named SuperRatings 7 year platinum performer for 2003-2010. In 2020, the fund was again awarded Platinum Rating by SuperRatings, who named MTAA Super a “best value for money” super fund. [2] MTAA Super merged with Tasplan on 1st April 2021 and became ...
However, employees can nominate an alternative investment fund, called a stapled super fund. [11] The Fair Work Commission determines which superannuation funds are suitable to be industry super funds and adopted by employers as default funds. [12] ME Bank was established and owned by 26 industry super funds. [13] It was sold to Bank of ...
Sunsuper Superannuation Fund (Sunsuper) was an Australian public offer industry superannuation fund based in Brisbane, Queensland, Australia. It was established in 1987 as a multi-industry superannuation fund open to all workers and is profit-for-members.