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Showing 121 - 130 of 2160 results for "Extra"

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 ...

Commonwealth Bank names chief economist

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
Commonwealth Bank (CBA) has appointed Luke Yeaman as its new chief economist and head of global economic and markets research. Yeaman is currently a deputy secretary in the Department of Treasury and head of their macroeconomic group, a position he's ...

BlackRock, State Street, Vanguard sued over climate stance

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, saying their climate activism violated antitrust laws and caused reduced coal production and higher energy prices. Texas Attorney General Ken Paxton filed a case ...

Hostplus ups fees, makes $125m investment

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
Hostplus has made changes to its investment fees and costs for FY23/24, increasing them between 0.06% to 0.16%. Members invested in the Conservative Balanced option and the Capital Stable option saw fees rise 10bps from 0.69% and 0.59%, respectively ...