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Showing 121 - 130 of 162 results for "Tax Reform"

Coalition pledges support for super laws amendments bill

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
... Shorten said in Parliament yesterday. Speaking on behalf of the Shadow Treasurer, Shadow Parliamentary Secretary for Tax Reform Tony Smith said the Coalition would support the bill. "Without allowing a transferring entity to transfer losses to another ...

Deferred annuity tax reforms safeguard retirees

MARK SMITH  |  THURSDAY, 18 APR 2013
Reforms to the tax treatment of deferred lifetime annuity (DLA) products has added greater security for Australian retirees, according to Towers Watson. The new rules, if enshrined by legislation, remove inconsistencies between the manner deferred annuities ...

China primed for encouraging rebound: HSBC

MARK STORY  |  MONDAY, 10 DEC 2012
While global demand is likely to remain fragile, HSBC maintains its above-consensus forecast that China's 2013 GDP growth will recover to 8.6% after bottoming out in the fourth quarter of 2012. Much of HSBC's projected China rebound in 2013 and beyond ...

Trust tax reform can be split

MELANIE TIMBRELL  |  TUESDAY, 31 JUL 2012
Assistant Treasurer David Bradbury's announcement yesterday of a further delay to tax reform for trusts has sparked debate over the relative merit of using the same timetable for a number of reform strands. Speaking at a CPA Australia lunch yesterday ...

Cormann criticises trust reform delay

MELANIE TIMBRELL  |  MONDAY, 30 JUL 2012
Shadow Minister for Financial Services Mathias Cormann has criticised an additional delay on promised tax reform for managed investment trusts. In a statement issued this morning following news Assistant Treasurer David Bradbury would announce the delay ...

Foreign MIS tax legislation delayed

BEN COLLINS  |  THURSDAY, 21 JUN 2012
... benefits of higher growth, increased prosperity and growing government revenue." Whole the current Coalition sees the tax reform as important, the previous Coalition government saw the issue as low priority.

Super tax subsidies don't favour the rich: Mercer

ALEX DUNNIN  |  TUESDAY, 14 FEB 2012
Mercer has released a research paper that dismisses claims retirement income funding through superannuation tax concessions favours the wealthy. The paper 'Tax, Super & the Age pension" reported that the total cost of retirement funding per person in ...

Tax forum tackles wealth management issues

ELISE BURGESS  |  FRIDAY, 7 OCT 2011
... Swan said lifting the tax-free threshold to $21,000 would free up over one million taxpayers from having to fill in a tax reform. Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, also spoke at the forum about ...

Super on table for October tax review

ALISON BEVEGE  |  MONDAY, 21 MAR 2011
Superannuation will be up for discussion at the Federal Government's October tax summit raising the spectre of further review, with industry figures asking for stability after a tumultuous few years. Fiona Reynolds, chief executive of the Australian ...

Tax reforms bolster local funds management

MEDIA RELEASES  |  THURSDAY, 20 JAN 2011
Fund managers praise the Government's move to align Australia's tax treatment of investment income of foreign funds alongside international practices. The minister for financial services, Bill Shorten said the changes will make it more likely foreign-based ...