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Showing 111 - 120 of 2153 results for "Extra"

AMP launching 'market first' digital advice solution for super members

ANDREW MCKEAN  |  FRIDAY, 7 FEB 2025
... model different scenarios and strategies to improve their score. Additionally, members can access intra-fund advisers at no extra cost to discuss their results and determine the next best step for their superannuation and retirement planning. For those ...

One more vote needed for $3m super tax

MATTHEW WAI  |  THURSDAY, 6 FEB 2025
... ally, and also accused Chalmers of being misleading in defending the Bill. "As if to prove incontrovertibly the Div 296 extra tax on super balances is about politics and not policy, Treasurer Jim Chalmers offered stymie debit and credit card surcharges ...

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
US President Donald Trump has signed an executive order calling for the creation of a sovereign wealth fund. The executive order directs US secretary of the treasury Scott Bessent, who was sworn in last week by Supreme Court Justice Brett Kavanaugh ...

SMC pushes for DBFO to curb retiree tax bills

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2025
... working full-time have yet to transition their super to the retirement-phase. On average, this has them paying about $650 extra in tax per year, it said. Breaking down the numbers, the SMC found a member of this cohort with $100,000 in an accumulation ...

Financial services deregulation boosts economy by $2bn: FSC

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
Reforms in funds management, financial advice, and superannuation will usher in an extra $1.7 billion per year to the economy and can make Australia a serious financial services hub, the Financial Services Council (FSC) says. New modelling shows that ...

Aussie billionaires make $67k per hour: Oxfam

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
Australian billionaires earn $67,000 an hour, according to a new report from Oxfam, which is 1300 times more than what everyday workers make. The 47 billionaires based in Australia saw their wealth rise by more than 8% or $28 billion last year, the ...

Trump inaugurated as 47th President

ELIZA BAVIN  |  TUESDAY, 21 JAN 2025
Donald Trump has officially been sworn in as the 47 th US President as he takes on his second, non-consecutive term. Trump took to the stage for his "Day 1" official address unleashing a raft of executive orders and reaffirming his America first policies. ...

APG to invest exclusively for ABP

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
... participants, while keeping costs "as low as possible." "If APG, as an asset manager, also serves other clients, it adds extra complexity, which doesn't necessarily yield extra returns," ABP chair Harmen van Wijnen said. Wijnen, however, clarified that ...

Perpetual takeover 'not in the best interests of shareholders'

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... implemented. The ATO commissioner refused to give Perpetual a guarantee that it won't face additional taxes and also suggested that extra taxes may be possible. If additional taxes are applied, Perpetual's total tax bill could rise to an estimated $488 ...

TPG co-founder David Bonderman dies

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2024
David Bonderman, the co-founder of global alternatives investor TPG, passed away this week. Bonderman, affectionately known as 'Bondo' to many, was also founder of Wildcat Capital Management, the Bonderman family office, and owner of National Hockey ...