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Showing 1151 - 1160 of 1832 results for "Bill 2014"

Less tax appeal for high income earners in super

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
High-income earners are set to see superannuation tax concessions cut in next week's budget. The move to increase tax on concessional contributions to 30% is likely to affect the approximately 128,000 Australians who earn more than $300,000 a year. ...

MySuper consultation draws focus on divisions

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
Tranche three of draft MySuper legislation has raised the stakes in super governance, but the industry is looking to the consultation process to remedy long-held concerns over inequalities between the not for profit and retail sectors. The draft legislation ...

Trustee reforms risk being neutered

ALEX DUNNIN  |  THURSDAY, 26 APR 2012
Speculation is growing that superannuation minister Bill Shorten will announce reforms to the operation of trustee boards, but if the reforms don't take account of trustee companies the reforms will be toothless. The Australian Financial Review and ...

CGT relief paves way for super mergers

MELANIE TIMBRELL  |  TUESDAY, 24 APR 2012
Merging superannuation funds will receive capital gains tax relief in the upcoming Budget, opening the way for the finalisation of a raft of proposed mergers, particularly in the not-for-profit superannuation space. Minister for Financial Services and ...

Instreet launches new structured product

BEN COLLINS  |  TUESDAY, 24 APR 2012
Instreet has launched YIELD, a three-year income investment product which aims to balance higher yield against risk by being linked to a basket of Australia's big four banks and delivering quarterly fixed income payments at 11% a year. Instreet managing ...

Market Wrap

AAP  |  MONDAY, 23 APR 2012
SYDNEY, April 23 AAP - The Australian share market opened slightly lower, despite gains on Wall Street and positive leads from European markets. At 1014 AEST on Monday, the benchmark S&P/ASX200 index was down 3.6 points, or 0.08 per cent, at 4,362.9 ...

Speculation grows on super tax breaks

ALEX DUNNIN  |  FRIDAY, 20 APR 2012
Two days after opposition Treasurer Joe Hockey said in a landmark interview that Australia needs to end its cult of welfare entitlement, speculation is rising the government is considering a clampdown on untargeted superannuation tax concessions. On ...

Market solutions favoured in OTC derivative reform

MELANIE TIMBRELL  |  FRIDAY, 20 APR 2012
The Council of Financial Regulators has recommended a preference for market-led solutions, in part driven by appropriate regulatory incentives to comply with a G20 commitment on OTC derivatives. The Government released the consultation paper yesterday ...

Market Wrap - Midday

AAP  |  MONDAY, 16 APR 2012
The Australian share market was half a per cent lower at noon following falls on Wall Street and losses for local resource companies. At 1200 AEST on Monday, the benchmark S&P/ASX200 index was down 23.3 points, or 0.54 per cent, at 4,300, while the ...

Best friends forever

BENJAMIN ONG  |  FRIDAY, 13 APR 2012
Don't you just love it when a plan goes according to plan? Wall Street remained on rebound mode while we were sleeping and so were most equity markets from New York to Rio and old London town. The S&P 500 and the Dow each jumped by 1.4% overnight in ...