Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1081 - 1090 of 9371 results for "Income"

Budget 2024: $20k instant asset write-off extended

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... deducted) can continue to be placed into the small business simplified depreciation pool and depreciated at 15% in the first income year and 30% each income year thereafter. The provisions that prevent small businesses from re-entering the simplified ...

Wealth firms 'still have PTSD from the Royal Commission': Deloitte

ANDREW MCKEAN  |  TUESDAY, 14 MAY 2024
... planet, but when it comes to their individual wealth creation, there at a stage in life where they care more about their income generation." Meanwhile, she noted a significant shift among younger Australian considering switching providers. While 69% ...

Wholesale investor test reform has several ramifications: SIAA

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... test draws "fairly hard boundaries" without any regard to the sophistication of the investment. Whether it's annual income or net assets - none of them are reflective of the investor's understanding in a financial sense, he said. "On the other ...

ANZ confirms ASIC investigation

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... staff involved in the transactions may have been acting inappropriately. This marks the second time in a decade ANZ's fixed income team has been accused of improperly profiteering. ANZ is one of only a handful of banks that can act as an intermediary ...

ClearView closes ClearChoice Super Rollover, launches trauma options

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... introduced include the ability for customers to hold trauma cover for longer by extending the expiry age to 70, up from age 65. Income protection waiting period definitions have also changed for all occupations. ClearView head of distribution and marketing ...

Inflation spooks retirees more than healthcare costs

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... in the US have increased noticeably in recent years, and that is particularly challenging for retirees living on fixed income sources. "The challenges facing retirees today are further evidence of the retirement savings crisis. For younger generations ...

Frontier grows consulting, governance teams

ELIZABETH FRY  |  FRIDAY, 10 MAY 2024
... following a five-year stint in an investment consulting role at Zenith Investment Partners, where he worked across fixed income, alternatives and private markets. Also, Frontier's investment governance function will also gain a boost from the appointment ...

Betashares launches Australian Major Bank Subordinated Debt ETF

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... capitalised major financial institutions globally. "Generally, Tier 2 floating rate subordinated bonds offer attractive income potential, typically delivering returns above that of senior bank floating rate notes, along with a high degree of capital ...

ATO introduces trust taxation changes

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
The Australian Taxation Office (ATO) has announced income tax reporting changes under the Modernisation of Trust Administration Systems (MTAS) that will come into effect on July 1. For beneficiaries of a trust, there will be a new trust income schedule ...

ATO flags key focus areas this tax time

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
... tax season. Incorrectly claiming work-related expenses, inflation claims for rental properties and failing to include all income when lodging will all be focus areas for the ATO come end of financial year. ATO assistant commissioner Rob Thomson said ...