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Showing 121 - 130 of 38095 results for "Year"

Minimum 30% tax for discretionary trusts

KARREN VERGARA | TUESDAY, 12 MAY 2026

... beneficiaries, will receive non-refundable credits for the tax payable by the trustee, which can be used to offset current year income tax liabilities. "The minimum tax will mean a fairer rate of tax is paid on income from discretionary trusts, more ...

Budget doubles down on housing supply with $2bn infrastructure push

VINNY VUCAGO | TUESDAY, 12 MAY 2026

Treasurer Jim Chalmers unveiled a new $2 billion Local Infrastructure Fund aimed at accelerating housing delivery and easing development delays. The fund will support local governments and state utilities providers in delivering essential "last mile" ...

Government plans 'standardised' assessment for NDIS

RIDDHIMA TALWANI | TUESDAY, 12 MAY 2026

... spending has blown out by $13 billion over the next four years. The changes are expected to net savings of about $15 billion a year by the end of the decade; the scheme is currently estimated to cost $70 billion by 2030. The NDIS will continue to grow ...

Government to commit $3.7bn to strengthen aged care access

MATTHEW WAI | TUESDAY, 12 MAY 2026

... Accommodation Pricing Review, the Federal Budget announced it will aim to incentivise construction of up to 5000 aged care beds a year for aged care residents and protect equity of access for them. Specifically, the Budget will allocate $606.5 million ...

Chalmers chooses 'hard road of reform' in Budget

ELIZA BAVIN | TUESDAY, 12 MAY 2026

... spending restraint and banking all revenue upgrades." Debt is down a further $18 billion in 2026-27 than forecast in the mid-year, saving the government $70 billion in interest costs over the decade. The peak in gross debt is now forecast to be 35.8% ...

TelstraSuper-Aware Super merger complete

ELIZA BAVIN | TUESDAY, 12 MAY 2026

TelstraSuper and Aware Super have successfully completed their merger, less than a year after they began to explore the proposal. About 85,000 TelstraSuper members have now joined Aware Super via a Successor Fund Transfer (SFT) to create a superannuation ...

ASX Advisory Group gives update on corporate governance revision

MATTHEW WAI | TUESDAY, 12 MAY 2026

... former Reserve Bank of Australia governor Philip Lowe. The group also welcomed seven new members in the beginning of the year, including AustralianSuper chief investment officer Mark Delaney, former APRA executive Helen Rowell, and TelstraSuper's ...

ASX not in a rush to pick next chief executive: Chair

RIDDHIMA TALWANI | TUESDAY, 12 MAY 2026

... the employees and then I know they're going to stay," he said. The ASX has been in the crosshairs with ASIC since last year around its questionable ability to "maintain stable, secure and resilient" market infrastructure, which were brought to the ...

ASFA expands technical implementation service

MATTHEW WAI | TUESDAY, 12 MAY 2026

... support is needed through the regulatory change lifecycle, and that is why we're investing more in AIP over the coming year." She also said working groups bring together a "non-competitive" community of practitioners to co-design and standardise ...

Calls for CGT, negative gearing reforms 'unanimous': Mulino

VINNY VUCAGO | TUESDAY, 12 MAY 2026

... tonight's Federal Budget' - came about after "unanimous calls" for reform during the Economic Roundtable in August last year. "We have over $45 billion in initiatives. But not just that, we passed the EPBC Act, we froze the National Construction ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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