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Showing 91 - 100 of 1907 results for "CRA"

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
Rainmaker Information estimates the $3 million superannuation cap would impact $410 billion of savings for around 100,000 Australians. Although only a small proportion of Australians hold $3 million or more in superannuation, they own a disproportionately ...

LIC hunts for investment manager

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
A specialised listed investment company is looking for a new fund manager as it overhauls its investment mandate. Hygrovest (HGV), a listed investment company that largely invests in Australian and global cannabis-related businesses, wants to diversify ...

SMSF sector hit the reset button: Research

CHLOE WALKER  |  TUESDAY, 28 FEB 2023
The introduction of the Transfer Balance Cap (TBC) in 2017 saw contributions into SMSFs plummet by 60%. While it didn't take them long to bounce back, how they're used has changed. According to insights from Rainmaker Information, the self-managed super ...

ASIC cracks down on CHESS issues

KARREN VERGARA  |  WEDNESDAY, 22 FEB 2023
ASIC is further clamping down on the ASX to ensure that it successfully comes through on replacing CHESS after botching its attempt to overhaul it with blockchain. Following Accenture's external review into the 25-year-old settlements system, ASIC ...

Cboe Australia chief exits, successor named

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
Cboe Australia appointed a new chief executive, with the incumbent stepping down at the end March. Vic Jokovic vacates the top job on 31 March 2023 and will be succeeded by AllianceBernstein executive Emma Quinn, who will assume the title of Cboe Australia ...

Aussie shares to continue outperformance: Oliver

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
Over the last year, Australian shares have outperformed their global counterparts, and AMP Capital chief economist Shane Oliver believes this trend will continue. To get a handle on the future, he said, it's useful to understand the past, saying the ...

ACCC blitzes social media influencers

ANDREW MCKEAN  |  MONDAY, 30 JAN 2023
The Australian Competition and Consumer Commission (ACCC) has targeted social media influencers who use misleading testimonials and endorsements. The ACCC said it's "sweeping" more than 100 social media influencers from over 150 consumer tip-offs for ...

Dimensional names new chief executive

ELIZABETH FRY  |  MONDAY, 23 JAN 2023
Bhanu Singh has taken over from Glenn Crane as Dimensional Fund Advisors chief executive as part of a long-planned generational change in leadership. Singh, a long-time senior investment professional at the systematic investor, will remain head of Asia ...

Perpetual, Pendal finalise merger

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
Perpetual has completed its Pendal Group acquisition and confirmed two board appointments. "We are pleased to finalise the transaction that combines two of Australia's oldest and most respected active asset management businesses," Perpetual chair ...

Government to close child sex abuser loophole in super

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
The Australian government is cracking down on child sex abusers hiding their assets in super to avoid paying compensation to victims, opening new consultation. Treasury has released a discussion paper with two proposals to close the loophole denying ...