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Showing 121 - 130 of 165 results for "Tax reform"

Tax cap reform bill released

ALEX DUNNIN  |  TUESDAY, 14 OCT 2014
The government has released for public comment its draft legislation regarding its budget measure to address what it says are inadvertent breaches of the contribution caps. In a statement accompanying release of the bills and explanatory memorandum ...

Funds passport 'doomed to fail' without tax reform

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
The Asia Region Funds Passport is "doomed to fail" unless the government changes taxation law to favour Asian investors in Australia, according to BNP Paribas Security Services managing director Peter Baker. While the funds passport initiative is good ...

Market Wrap

AAP  |  THURSDAY, 25 JUL 2013
The Australian share market has opened lower, with activity driven by company earnings statements. Invast Securities chief market analyst Peter Esho said the local market on Thursday was preparing for reporting season to get fully underway. It was a ...

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 ...