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Showing 1 - 10 of 108 results for "Receipts"

Ireland to create new sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2023
... 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 tax - ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
... morning. Komlotex represented shareholders who owned AMP between 10 May 2012 and 13 April 2018, or American Depositary Receipts attached to AMP shares between 7 June 2012 and 13 April 2018. At the crux of it, the class action alleged that AMP engaged ...

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... Australia's $2 trillion GDP, it accounts for almost 70% of national exports. As a result, the 9% increase in expected tax receipts for 2022-23 over 2021-22 and the 4% increase in expenditures don't come close to explaining the 23-24 budgetary ...

Future Fund subsidiaries set to receive tax exemption

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... Commonwealth over time. The measure was initially announced in the 2023/23 March Budget and is estimated to have no impact on receipts over the forward estimates period. The government is seeking comments on exposure draft legislation and explanatory ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... deliver essential services. Specifically, the government said its budget commitments were underpinned by allowing tax receipts and income support to respond in line with changes in the economy; limiting growth in spending until gross debt as a share ...

Government scraps legacy tax, super measures

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... the 2021-22 Budget will also be delayed until legislated. Treasury said making these changes is expected to increase receipts by $29.4 million and decrease GST payments to the states and territories by $4.1 million over the coming four years.

BlackRock shutters Russia ETF

JAMIE WILLIAMSON  |  FRIDAY, 5 AUG 2022
... ETF is expected to remain in existence until the end of the year to allow the fund to sell securities and depositary receipts, if conditions permit. If possible, it may be terminated sooner, BlackRock said. After December 31, the fund may be terminated ...

DTCC poaches longstanding BNY Mellon executive

CHLOE WALKER  |  TUESDAY, 26 APR 2022
... committee. Prior to that, La Salla was chief executive of Corporate Trust, which included responsibility for Depositary Receipts. He also previously served as chief executive of BNY Mellon's Alternative Investment Services and Structured Products business ...

Chi-X hires from ASX

ANNABELLE DICKSON  |  WEDNESDAY, 19 MAY 2021
... for improving the opportunities for Australian investors through Chi-X's product suite including Transferable Custody Receipts (TraCRs), Warrants and Chi-X Funds. He spent over seven years at the ASX, most recently as national business development manager ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
... domestic economic recovery is reflected in a stronger fiscal position, predominantly due to higher-than-expected tax receipts as well as lower-than-expected unemployment benefits." The government's underlying budget deficit might still be an eye-watering ...
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