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| | | Financial Advice Association Australia (FAAA) chief executive Sarah Abood said she supports recent proposals around adviser education from the Joint Associations Working Group (JAWG) because "we need far more people with these qualifications" and the ... |
| | | | ... expected to flow from imminent decisions in the Fair Work Commission - will help tackle gender inequity at retirement," she said. Tax cuts From 1 July 2024, all 13.6 million taxpayers will get a tax cut, which will flow through into their pay packets ... |
| | | | The Stage 3 tax cuts will go ahead as planned after the Albanese government made some amendments due to the cost-of-living crisis. Coming into effect July 1, every taxpayer will benefit from a tax cut. However, those earning over $180,000 will see their ... |
| | | | ... cultural heritage and foreign investment," Chalmers said. The government will strengthen the foreign resident capital gains tax (CGT) regime to ensure foreign residents pay their "fair share" of tax in Australia and to provide greater certainty about ... |
| | | | ... Treasurer Jim Chalmers announced a raft of cost-of-living relief measures in the Federal Budget, including the already announced tax cuts, increasing the Medicare levy low-income thresholds and power bill relief. "This government and this Budget delivers ... |
| | | | ... (ATO) will receive $187 million over four years to strengthen its ability to detect, prevent, and mitigate fraud against the tax and superannuation systems. About $79 million will be spent to upgrade the ATO's technologies to identify and block suspicious ... |
| | | | ... US market. The first is that portfolios are getting much more personal. From a product perspective, technology has unlocked tax-efficient personalisation for managed accounts at scale, including things like direct indexing, and these products are growing ... |
| | | | ... seeking a fairer implementation of the ASIS levy and better management of costs for the CSLR, the FAAA is also seeking enhanced tax deductibility of financial advice, enabling advisers access to the ATO portal, more support for financial adviser education ... |
| | | | ... nominated complying superannuation fund. If you do not nominate a superannuation fund, we may transfer the money to the Australian Tax Office in accordance with relevant legislation," the insurance firm told consumers. ClearChoice Super Rollover is a ... |
| | | | ... shareholders," he said. However, he added that uncertainties regarding transaction costs, separation expenses, and capital gains tax make it difficult to determine if the deal is accretive to Morningstar's intrinsic assessment. KKR offered $2.2 billion ... |
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