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Showing 41 - 50 of 120 results for "Tax System"

Funds under management to hit $8tr by 2035: research

MICHELLE BALTAZAR  |  FRIDAY, 19 FEB 2016
... cent of the total funds management industry. "To grow our financial services export market, Australia's withholding tax system needs to be simplified and lowered significantly so we can effectively compete for financial services trade opportunities in ...

Regulators coordinating efforts to protect super

MARK SMITH  |  THURSDAY, 18 FEB 2016
... is to contribute to the economic and social well-being of Australians through fostering willing participation in the tax system," he said. "The easier you make it for people to comply, the more likely they are. We want to give clearer guidance to get ...

Financial services among top taxpayers

DARREN SNYDER  |  FRIDAY, 18 DEC 2015
... improved corporate transparency. "It informs public debate about tax policy, particularly in relation to the corporate tax system. Community trust and confidence in the way these large companies operate matters. And, tax should matter to these companies," ...

FSC slams insurance duty "boondoggle"

ALEX BURKE  |  THURSDAY, 10 DEC 2015
... repeal inefficient taxes. Citing the World Economic Forum's Global Competitiveness Report (which singled out Australia's tax system as a drag on competition), Bragg suggested addressing the "low hanging fruit," such as removing state stamp duties on ...

Parliament tables new tax laws for investment trusts

LAURA MILLAN  |  MONDAY, 7 DEC 2015
The Government tabled the Tax Laws Amendment (New Tax System for Managed Investment Trusts) Bill 2015 in Parliament on the last day of the sitting season. If approved, the proposed rules will apply from 1 July 2016 and will reduce complexity, increase ...

ACCI supports closing tax breaks on high balances

MARK SMITH  |  MONDAY, 30 NOV 2015
The Australian Chamber of Commerce and Industry (ACCI) has said there is "sense" in closing tax relief for people with very high superannuation balances. In a statement the pro-business body said a balanced package of reforms to Australia's superannuation ...

Treasurer commits to improve after-fee super returns

DARREN SNYDER  |  FRIDAY, 27 NOV 2015
... reforms: adequate retirement incomes; stability and certainty in the retirement phase; flexibility; and an efficient tax system and economy," Morrison said. He said while superannuation should ensure adequate retirement incomes, it should not be seen ...

Deloitte super plan could save budget $6bn

DARREN SNYDER  |  MONDAY, 26 OCT 2015
Financial advisory firm Deloitte suggests a better superannuation tax system would be to update proposals from the Henry Review, as it would not add taxes to either earnings or benefits. Labeled a "circuit breaker" the updated plan would see every Australian ...

Turnbull backs financial start-ups

DARREN SNYDER  |  THURSDAY, 8 OCT 2015
... support from the rest of the economy, the rest of the private sector as well." The Prime Minister said Australia's tax system is the biggest set of levers the federal government has to incentivise business. "So we're looking at all of those features ...

Tax conversation in a bubble

DARREN SNYDER  |  THURSDAY, 8 OCT 2015
... 2013-14, [and] projected to rise at a staggering 12% annually to $50.7 billion in 2016-17," Chapman said. "Simply put, our tax system doesn't bring in enough revenue to pay for all of the services the government provides and with expenditure on areas ...