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Showing 101 - 110 of 752 results for "Relief"

ASIC succeeds in conflicted remuneration case

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... at least in respect of the specific circumstances concerning SMSF Club." The court adjourned the proceeding to consider relief that should be ordered against RM Capital and the SMSF Club. The matter is listed for mention on March 7.

Stage 3 tax cuts pass Senate

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... However, those earning over $180,000 will see their promised tax cut reduce while lower-income earners are to receive more relief than initially promised. Among the changes, Treasury will reduce the 19% tax rate to 16% and increase the threshold for ...

Treasury details winners from tax concessions on super contributions

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... existing framework, a 50% CGT exemption is applicable to long-term assets, benefiting over 810,000 people in 2020-21. This tax relief saw a substantial uptick in revenue forgone due to heightened capital gains realisations between 2021 and 2022. Treasury ...

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
... its complaint in the federal district court of Maryland. In its civil action, the regulator seeks "permanent injunctive relief, conduct-based injunctions preventing the defendants from participating in multi-level marketing or crypto asset offerings ...

Treasury unveils Stage 3 tax cuts changes

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... the COVID-19 pandemic and other "unanticipated shocks". "The recommended package is estimated to provide cost-of-living relief to 13.6 million taxpayers, compared to 10.8 million taxpayers under the current legislated tax cuts compared to 2023-24 settings," ...

Albanese set to overhaul Stage 3 tax cuts

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2024
... However, those earning over $180,000 will see their promised tax cut reduce while lower-income earners are to receive more relief than initially promised. The current tax-free threshold which stands at $18,200 is due to increase but at an unconfirmed ...

Court finds Canna Campbell infringed trademark

KARREN VERGARA  |  MONDAY, 8 JAN 2024
... online presence by leveraging my Financial Foreplay brand without my permission," she said. In terms of granting injunctive relief, declarations, and costs, Judge Manousaridis said he will not make orders yet as he invited both parties to make submissions ...

Product modernisation will strengthen retirement outcomes: FSC

CHLOE WALKER  |  MONDAY, 20 NOV 2023
... schemes. "Outside of a successor fund transfer (SFT), whereby a whole superannuation fund is transferred to another, and CGT relief applies for all members, there is no existing, viable mechanism that enables trustees of super funds and managed investment ...

Potential reporting relief for trustees: ASIC

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
ASIC is proposing to extend the temporary relief for superannuation trustees' disclosure and reporting consistency obligations for two years. ASIC is seeking feedback on the potential extension, including whether the current arrangement is operating ...

The Voice is not at the expense of the economy: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 13 OCT 2023
... community amid cost-of-living pressures. "Our highest priority has been rolling out billions of dollars in cost-of-living relief, targeted so that it takes some of the edge off inflation rather than make our inflation challenges worse," he said. "We've ...