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Showing 1 - 10 of 4605 results for "House"

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... members for financial advice from their account and the associated tax consequences (Recommendation 7). The new laws will also house Recommendations 13.1, 13.2, and 13.3 of the QAR that wants clarification on the monetary and non-monetary benefits from ...

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
'Goldilocks' soft-landing view, deteriorating consumer health and a poor growth outlook this Australian reporting season hints at a hard landing. "After digesting the latest information from reporting season results and company meetings our analysis ...

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... market would exacerbate the current state of inaccessibility and unaffordability for many. Since 2000, the nominal median house price weighted by capital city has increased by about 7% per annum compared with average growth in full-time employee earnings ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
Treasurer Jim Chalmers is expected to deliver a surplus in the upcoming Federal Budget, but he warned iron ore prices and a softening labour market put a dent in how large it will be. Speaking at an event for the Committee for Economic Development of ...

Luxury fashion house sued over Birkin bag sales

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... only allows customers with "sufficient purchase history" to buy the infamous Birkin handbags. The French luxury fashion house is being sued in California in a case that claims sales associated are pushing customers to buy other items to access the coveted ...

Third person pleads guilty in Courtenay House Ponzi scheme

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
David Sipina, a Croydon local, who had a role at defunct investment manager Courtenay House, has pleaded guilty to carrying on a financial services business without a licence and dealing in the proceeds of crime. Between 24 June 2015 and 21 April 2017 ...

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... claim is finalised." Before ASIC is charged with issuing and collecting the levy, a disallowance period of 15 days for each house of parliament must be satisfied.

ATO refers SMSF auditors to ASIC

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
Fifteen self-managed super fund (SMSF) auditors have been reprimanded for performing in-house audits. The Australian Taxation Office (ATO) referred 15 SMSF auditors to ASIC following a review of files from audit firms. ASIC said it had concerns that ...

ASFA Retirement Standard hits record high

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
The ASFA Retirement Standard for December quarter 2023 increased to a record high $72,148 per year for couples, and $51,278 for singles. The necessary lump sum for a "comfortable retirement" increased by 3.5% from last year. "Retiree budgets have been ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... $78,000 and in Perth by a whopping $86,000. SMC chief executive Misha Schubert said allowing withdrawals from super for house deposits could raise prices for everyone - meaning all home buyers would pay higher mortgages for longer, exacerbating the cost-of-living ...
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