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Showing 141 - 150 of 752 results for "Relief"

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... from its historic 40-year peak of 9.1%, recorded in June. The drop beat market expectations of 8.7% and comes as a welcome relief for the Biden government. The reason for the fall is a slowdown in rising energy prices. Energy CPI rose by 32.9%, down ...

Zipmex files for debt relief amid ongoing crypto crash

CASSANDRA BALDINI  |  FRIDAY, 29 JUL 2022
Zipmex has filed moratorium applications in Singapore, preventing creditors from making claims while it attempts to fix liquidity issues. Today the crypto exchange will hold a case conference webinar open to its creditors via zoom following its announcement ...

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... tax matters remain which can act as potential impediments to mergers and industry consolidation, including limited tax relief for merger expenses to closing funds, Qualified Person status eligibility under franking credits holding (45 day) period rule ...

Tax exemptions overwhelmingly benefit the wealthy: OECD

CHLOE WALKER  |  FRIDAY, 22 JUL 2022
... the older and wealthier. In Australia, the bottom half of the income distribution receives around 13% of the total tax relief for capital gains on the main residence, while the top decile receives 37%, it said. Renters, who tend to have lower incomes ...

AFA hits back at QAR submissions from Choice, ISA

CASSANDRA BALDINI  |  MONDAY, 11 JUL 2022
... be established for low to middle-income Australians. "Otherwise, they are completely resistant to any form of regulatory relief that could have any consequences for consumer protections, even though it might significantly reduce the cost of providing ...

Growth scare likely during second half of 2022: Report

CASSANDRA BALDINI  |  FRIDAY, 8 JUL 2022
... paying down debt over expansion plans. "We think the market will price in a higher risk of recession before the potential relief of a soft landing," it read. Historically, when inflation has risen above target, the amount of central bank tightening delivered ...

ASIC releases guidance on super, retirement calculators

ANDREW MCKEAN  |  TUESDAY, 5 JUL 2022
ASIC has released guidance for superannuation calculators and retirement estimates, while also updating relief around how super funds can provide retirement estimates to members. RG 276 outlines what super funds need to do to rely on the existing relief ...

Clear up uncertainty: AFA, FPA

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
... with the Financial Adviser Register registration/renewal period or with the financial year, and the temporary COVID-19 relief measures to be made permanent." Abood said: "To continue delivering services to clients, planning practices must be financially ...

US Federal Reserve enacts biggest rate hike in 22 years

ANDREW MCKEAN  |  THURSDAY, 5 MAY 2022
... Fed verdict, GSFM investment strategist Stephen Miller said: "While the financial market's initial reaction was perhaps relief that 75-basis point increments appear off the table, there is still some debate over whether the Fed is already in the realm ...

COVID-19 financial advice relief to be repealed

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
ASIC will allow the COVID-19 advice-related relief instrument to automatically repeal on 15 April 2022. The COVID-19 instrument commenced on 15 April 2021. This was an extension of a raft of relief measures that were initially introduced in April 2020. ...