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Showing 1451 - 1460 of 5754 results for "Small"

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... $150,000 in the first year they are installed or used from 6 October 2020 until 30 June 2022. The incentive will apply to small to medium businesses with turnover of up to $5 billion and is expected to apply to around $200 billion of investment and deliver ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... chains. Another $2 billion will be put towards vital water infrastructure. Frydenberg also announced a raft of measures for small and medium businesses, including enabling 99% of businesses to write off the full value of any eligible asset they purchase ...

NAB recruits 500 in hiring spree

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... businesses during the pandemic. NAB group executive for business and private bank Andrew Irvine said the bank wanted to support small businesses as they shift to drive Australia's economic recovery. "Creating new jobs and bolstering our team to support ...

Super funds lag on disclosure

JAMIE WILLIAMSON  |  FRIDAY, 2 OCT 2020
Despite growing demand for it, Australia's superannuation funds are dragging their feet when it comes to portfolio holdings disclosure. A recent study by Rainmaker found just 27 major super funds publish holdings data; about one quarter of all funds. ...

Fintechs receive JobMaker funding boost

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... trials and testbeds in sectors such as agriculture, mining, logistics and manufacturing ($29.2m); Expansion of Australian Small Business Advisory Service digital solutions ($22.2m); Establishment of a new regulatory technology commercialisation initiative ...

Integrity Life raises $43m

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
Institutional fund managers have pumped $43 million into life insurance startup Integrity Life to help it expand and build out its digital offering. The majority of the capital came from Schroders Investment Management based in Switzerland, Leadenhall ...

Tax concessions, infrastructure in focus for budget

ELIZA BAVIN  |  FRIDAY, 2 OCT 2020
... already benefiting from the tax cuts made in the last two budgets. Just this year alone, in the billions," he said. "The small and medium-sized businesses tax rate has been cut to 26% and the instant asset write-off extended and expanded to investments ...

CountPlus member firm makes acquisition

ANNABELLE DICKSON  |  THURSDAY, 1 OCT 2020
... Capital's accounting revenues. In addition, CountPlus expanded its member network with Sydney-based financial advice firm Small & Gunn joining its licence. The expansion follows a growth strategy which has seen 50 advisers added to its network since ...

Sunsuper adds long/short to Aussie equities

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
The industry fund is adding a long/short manager to its Australian equities allocation after sticking with long-only strategies. Sunsuper head of listed markets Greg Barnes said the fund is looking to add what he describes as an "extended alpha" strategy ...

Active manager performance slumps: SPIVA

KARREN VERGARA  |  TUESDAY, 29 SEP 2020
... lost 10.42%, about two thirds of the funds analysed underperformed the benchmark in the first half of 2020. Among Aussie small- and mid-cap funds, more than half (55.6%) did not beat the benchmark. International equity funds fared better; while the benchmark ...