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| | | The government has moved to prevent superannuation funds, including SMSFs, from aggressively trading shares by making any resulting gains and losses subject to capital gains tax. The removal of the exception for super funds trading stocks, primarily ... |
| | | | "We are on track for surplus in 2012-13, on time, as promised..." Pardon moi, but this to me is the only thing with a hint of significance in honourable Wayne Swan's - Australia's deputy PM and Treasurer - budget speech last night. It was a ho-hum Budget ... |
| | | | The Australian market is expected to open higher on Wednesday, following upbeat performances in markets broadly overnight. On the ASX 24 at 0659 AEST, the June share price index futures contract was 47 points higher at 4,766. In economics news, markets ... |
| | | | As the Federal Government goes into budget lockdown, financial advisers have named their dearest wishes - and it's not for free set top boxes. Concessional caps, tax concessions for advice fees and a cut in the company tax rate were at the top of the ... |
| | | | NGS Super expects to complete a merger with UCSuper by early 2012, missing out on capital gains tax relief, having signed a memorandum of understanding to create a combined $4.4 billion fund. The optional capital gains tax (CGT) roll-over for capital ... |
| | | | HSBC is targeting financial planners with a new product that gives Australian investors exposure to seven key Asian markets. The HSBC100+ Series Asian Equity Investment is a structured product offering capital protected exposure to equity markets in ... |
| | | | Planners prefer direct equities with around 30 out of every 100 planners already including direct shares in their advice model, 70 per cent of which through a platform although cost is still a factor. Direct shares is surging in popularity in planner ... |
| | | | The Australian share market reversed course to trade lower by noon, dragged down by banks and investors withdrawing to the sidelines ahead of the federal budget's release on Tuesday night. At 1200 AEST, the benchmark S&P/ASX200 index was 19 points ... |
| | | | The Australian market is expected to open higher on Monday after surprisingly strong jobs data out of the United States on Friday saw overseas markets rise. On the ASX 24 at 0704 AEST, the June share price index futures contract was eight points higher ... |
| | | | Investment platforms use innovation to compete for adviser business in a $397 billion industry, with advisers the main winner. Australian platform providers are now competing at a higher level, according to the 2010 Investment Trends Platform Report ... |
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