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Showing 1071 - 1080 of 6841 results for "Tax"

What the QAR should focus on: MLC Life

CASSANDRA BALDINI  |  TUESDAY, 9 AUG 2022
... holistic personal advice or no advice/support at all," MLC Life said. As many have lobbied for some time, advice should be tax deductible, it said. "The cost of obtaining personal financial advice should be tax deductible, to increase affordability and ...

Government strengthens multinationals tax laws

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
The Labor government is cracking down on multinational enterprises (MNEs) avoiding tax and transparency. Last week, Treasurer Jim Chalmers said it's the government's priority to make sure that multinational corporations pay a fair share of tax where ...

V-Square launches Australian ESG index strategy

CASSANDRA BALDINI  |  TUESDAY, 2 AUG 2022
... strategy tracks the MSCI All Country World Index (ACWI) ex-Australia ESG Materiality and Carbon Transition Select Special Tax Index. An issued statement said it's designed to consider financially material ESG issues and promote companies participating ...

TAL completes acquisition of Westpac Life

CASSANDRA BALDINI  |  MONDAY, 1 AUG 2022
... Group. A total of 345 Westpac Life employees will also migrate over to the insurer. Westpac expects to report a total after tax loss on sale of about $1.37 billion, $0.27 billion of which was incurred in the group's 2021 results. The remaining $1.1 billion ...

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
KPMG has flagged ESG, tax governance, financial crime, adaptive investment operations and regulatory risks as some of its key considerations for the super sector in 2022. According to KPMG's latest Super Insights 2022 report, last year climate change ...

Increased scale drives Diverger results

CASSANDRA BALDINI  |  THURSDAY, 28 JUL 2022
... organic growth were major factors in the firm's positive full-year results. Diverger reported a 26% increase in net profit after tax and a 9% jump in net revenues to over $30 million. Jacobsen said the reasons behind positive returns were simple. "We've ...

Government moves to amend military super benefits tax

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
... Force Retirement and Death Benefits (DFRDB) and Military Superannuation benefits (MSB) schemes are super lump sums for income tax purposes rather than superannuation income stream benefits. However, as new draft legislation states, this is contrary to ...

Tax exemptions overwhelmingly benefit the wealthy: OECD

CHLOE WALKER  |  FRIDAY, 22 JUL 2022
An Organisation for Economic Co-operation and Development (OECD) report indicates that Australia's lack of capital gains tax has led to a monumental increase in house prices that have unfairly affected the less wealthy. The report states that between ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
Labour costs have played an insignificant role in the recent increase in inflation, according to an Australia Institute analysis. While a plethora of market commentary has expressed concern that aggressive wage growth will elevate inflation levels ...

Findex promotes new regional partners

CHLOE WALKER  |  WEDNESDAY, 6 JUL 2022
... commitment to supporting regional clients. The expertise of new partners spans across wealth management, business advisory, tax advisory, risk insurance, audit and consulting sectors. Across wealth management, promotions were handed to Brett Sibbison ...