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Showing 1361 - 1370 of 4034 results for "Personal"

Super withdrawals being misused

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... who puts their hand up. It's a situation that was entirely avoidable." Meanwhile, 14% of the money was used to repay personal debts. 11% was spent on gambling. Bligh urged the government to institute some "checks and balances" for the next round of early ...

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 1 JUN 2020
ASIC has cancelled the Australian financial services licenses of Western Australia-based, Personal Risk Management and Melbourne-based Australian Golden Securities ASIC said Personal Risk's cancellation took effect on 21 May 2020, after the company ...

Expats sweat as main residence CGT cut-off looms

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... have returned back to Australia and sell as an ordinary Australian tax resident or if they are forced to sell due to personal circumstances they will have to seek tax planning advice prior to the sale so they can have an opportunity to reduce their overall ...

FPA confirms redundancies

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
The Financial Planning Association of Australia has unveiled its five-year plan, which includes redundancies. The FPA is calling its new strategy the MAC strategy, focused on members, advocacy and consumers. The plan involves a restructure of the organisation ...

Banks accused of violating worker ethics

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... support was made uncomfortable because of the actions of his direct manager. "The banks' disregard of these workers' personal ethics and sense of the importance of their integrity in their day-to-day work is experienced by workers as the violence of ...

Super not sacred: Rice Warner

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
... 15%," Rice said. "One easier alternative might be to tax fund earnings at a higher rate as this is less visible than personal taxes," he said. "The obvious way to collect more taxes would be to tax each fund's earnings in the pension phase at the same ...

Ignorance isn't bliss in super: Research

ALLY SELBY  |  MONDAY, 25 MAY 2020
... a drawdown. More concerning still, a third believed that their super fund manages their investments based upon their personal circumstances, while more than one in five had no idea they could choose their investments within their super fund. Interestingly ...

Rich Dad feels for financial advisers

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
Author of ubiquitous personal finance self-help book Rich Dad Poor Dad Robert Kiyosaki says he feels for financial advisers amid the COVID-19 pandemic - though he won't be taking their advice. "They have a tough job, a very tough job," Kiyosaki ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... estimate) dropped by 17.9% in the month of April. "Cafes, restaurants and takeaway food services, clothing, footwear and personal accessory retailing, and department stores fell heavily in April and there were no offsetting rises in the other industries. ...

Advisers involved in ERS scams: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
... cases, the whole of the lost superannuation recovered ends up paid out in fees," Eccleston said. Poor quality general and personal financial advice was sighted by the regulator as concerning conduct it has identified. Issues with fees for no service ...