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| | | ... at reforming the tax treatment of family trusts. Appearing on Sky News this morning to discuss this week's changes to Division 296, Mulino was asked whether the government will now turn its attention to family trusts. In response, Mulino said: "There's ... |
| | | | ... capture anyone the tax didn't already. AustralianSuper chief strategy officer Paula Benson said: "The indexing of the Division 296 proposal and taxing of realised gains will ensure the system remains fit for purpose for future generations of Australian ... |
| | | | The deputy secretary of the revenue division with Treasury Diane Brown has told a Senate estimates hearing that the government is considering potential changes to Treasurer Jim Chalmers' controversial $3 million superannuation tax legislation. Brown ... |
| | | | ... team in 2020. Before joining the super fund, Esposito spent ten years in National Australia Bank's project finance division, working primarily in resources, infrastructure, and power sectors. Separately, Rest Super has confirmed that several members ... |
| | | | ANZ Staff Superannuation Scheme has appointed William Leong as head of investments, filling the vacancy left by Ruwanie Dias, who took up a role as global head of externally managed funds at QBE Insurance. Leong joins the $7 billion corporate fund from ... |
| | | | ... Capital." Meanwhile, MSC Abacus general manager Sachin Tokhi said: "Through MSC Abacus, our specialist fund services division, we provide end-to-end fund administration, registry and accounting solutions, which can be delivered on a white-labelled or ... |
| | | | ... taxing of unrealised capital gains and the lack of indexation can pose compliance challenges for affected taxpayers. Division 296, which will impose 15% additional tax on super balances over the $3 million threshold once legislated, has made no progress ... |
| | | | ... the Netherlands where, amongst other roles, he was a finance director within GE Capital Australia's consumer finance division. "It is a privilege to join the FSC board at such a meaningful time for our industry. I'm grateful for the opportunity to support ... |
| | | | ANZ has copped a whopping $240 million fine for bank-wide "unconscionable conduct" that includes admitting it was guilty of misleading the government over the $14 billion bond scandal. The misconduct relates to five separate matters spanning the retail ... |
| | | | ... reports to the head of institutional distribution for Australia and New Zealand Danny King. Joining the private wealth division, Bruno Santos has become the new distribution director, covering Victoria, South Australia and Tasmania. Santos spent the ... |
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