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Showing 141 - 150 of 6823 results for "Tax"

Most read in 2025: Superannuation

ELIZA BAVIN | MONDAY, 22 DEC 2025

... their accounts accessed in the cyberattack and 10 suffered a financial loss totalling $750,000. Treasury unveils major super tax changes Treasurer Jim Chalmers unveiled several major superannuation tax changes in October. Under the changes, the $3 million ...

Treasury seeks feedback on major super tax reform

KARREN VERGARA | FRIDAY, 19 DEC 2025

Treasury is seeking industry feedback on the proposed reforms that aim to reduce tax concessions under Division 296 "enjoyed by individuals with large superannuation balances." The proposed changes centre on applying a 30% tax rate on earnings from ...

Super moves: Aware, VFMC, CareSuper, UniSuper, NGS

ELIZABETH FRY | THURSDAY, 18 DEC 2025

... life as of December 2025 and the incoming CFRO will be announced shortly. Shanley previously held senior leadership finance, tax and operational roles at Impact Investment Group. Australian Unity, JB Were and Aviva Australia. As for promotions, CareSuper ...

Netwealth to spend $101m compensating First Guardian victims

JAMIE WILLIAMSON | THURSDAY, 18 DEC 2025

... shown as an extraordinary expense in its 1H26 results, anticipating it will result in a $71 million hit to net profit after tax. Netwealth confirmed it has revoked an application it had made last month under Part 23 of the SIS Act, saying it had become ...

Perpetual extends exclusive talks for wealth management sale

MATTHEW WAI | THURSDAY, 18 DEC 2025

... Life. The business added to Perpetual's $235.6 million in revenue in FY25 but saw a 5% drop in underlying profit before tax to $51.5 million for the period. Moving forward, Perpetual noted it will continue to inform shareholders through its disclosure ...

Increases coming for veterans' superannuation

ELIZA BAVIN | THURSDAY, 18 DEC 2025

... and increased recipient numbers for the Age Pension. Treasury also gave further details of how the Low Income Superannuation Tax Offset (LISTO) will be boosted. From 1 July 2027, the LISTO threshold will increase from $37,000 to $45,000 to match the ...

Super tax receipts to increase by $10.9bn

ELIZA BAVIN | THURSDAY, 18 DEC 2025

The superannuation sector is expected to get a bigger tax bill with super tax receipts expected to increase by $10.9 billion over forward estimates, Treasurer Jim Chalmers revealed in the mid-year economic and fiscal outlook (MYEFO). "Superannuation ...

Centrepoint Alliance expects core profit to top guidance

RIDDHIMA TALWANI | TUESDAY, 16 DEC 2025

... the licensee market, driven by continued adviser recruitment and high retention rates. Centrepoint saw its net profit after tax (NPAT) reduce by over $2.6 million in FY25 on the back of increased expenses. EBITDA increased by 16% to $10.6 million. Managed ...

Mulino wants PII to step up to make CSLR sustainable

KARREN VERGARA | MONDAY, 15 DEC 2025

... post-implementation review, it still has no credible plan to stabilise the scheme. Once again Labor's solution is a bigger tax," he said. Conaghan criticised Mulino's recent proposals to force super funds to help fund the special levy, including ...

Aberdeen to acquire $3bn worth of MFS funds

MATTHEW WAI | MONDAY, 15 DEC 2025

Aberdeen Investments has reached an agreement with MFS Investment Management to acquire nine MFS funds to create two separate closed end funds. Aberdeen Investments has reached an agreement with MFS to acquire the management of nine closed end funds ...

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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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