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Showing 171 - 180 of 6231 results for "Tax"

Ireland to create new sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2023
... the fund will hit €100 billion by 2035. The creation of the fund is made possible "using some of the windfall corporate tax receipts" the government has enjoyed in recent times, he said. Last year, Ireland raised close to €23 billion in corporation ...

Super tax change to impact SMSF members: Research

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
The government's proposed tax on superannuation balances exceeding $3 million could adversely impact up to 50,000 self-managed super fund members (SMSF), including posing liquidity challenges. According to a recent report conducted by the International ...

Vale Tony Bongiorno

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... if they were his own and stood alongside them through their challenges." Bongiorno specialised in refinancing strategies, tax structures, and self-managed super funds. He was a Certified Financial Planner (CFP), a member of the Institute of Public Accountants ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
Australian businesses and households are vulnerable to further shocks following high inflation and the tightening of monetary policy. According to the Reserve Bank of Australia's (RBA) most recent Financial Stability Review, the Australian business ...

Aussies largely unsure of legacy plan: Research

CHLOE WALKER  |  FRIDAY, 6 OCT 2023
... for wealthier people in particular. Superannuation, of the other hand, is not intended to be a wealth transfer tool, and the tax implications can be an issue when its used as an intergenerational wealth transfer vehicle to transfer wealth to non-dependents ...

GARDA Property Group confirms $30.5m loss

CASSANDRA BALDINI  |  FRIDAY, 6 OCT 2023
... partial repayment of drawn variable debt facilities. In June, GARDA recorded a statutory net loss of $4.934 million after tax for the year. The decline included items categorised as non-cash in nature, occurring infrequently, and or pertaining to realised ...

Housing crisis costing Australia $64bn: Aware

CASSANDRA BALDINI  |  FRIDAY, 6 OCT 2023
... developments, to help lower the bar to entry for institutional investors," she said. "Broad-based availability payments or other tax offsets would also help improve the feasibility of long-term investment in affordable housing stock." She reinforced ...

Farmers distressed by superannuation tax overhaul

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
The National Farmer's Federation (NFF) has voiced strong opposition to the government's draft reforms on tax concessions for superannuation balances over $3 million, signalling potential ramifications for rural communities. The NFF said that ...

Dimensional launches Aussie fund to NZ market

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
... investing through our Australian resident unit trusts, others have said the PIEs make more sense from an administration and tax perspective. "Ultimately, we want to give intermediaries choice in how they access our investment expertise." Dimensional ...

Super tax break changes open for consultation

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
Treasury's clampdown on tax concessions for superannuation balances greater than $3 million has been laid out in its draft legislation and is now opened for consultation. From 2025-26, the proposed law states that for members with total superannuation ...