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Showing 1591 - 1600 of 2576 results for "Treasury"

Untargeted tax subsidies inept

ALEX DUNNIN  |  MONDAY, 20 AUG 2012
... people save for retirement, but it does question if so much needs to be spent and how well it is targeted. "We know from Treasury that a disproportionate share of the benefits of tax concessions for superannuation accrue to the highest income earners ...

Market Wrap

AAP  |  FRIDAY, 17 AUG 2012
... meeting. In equities news, APN News & Media, Santos and QBE Insurance Group Ltd are due to post half year results, while Treasury Wine Estates and Platinum Asset Management are scheduled to announce full year results. ANZ is due to provide a trading ...

Untargeted tax subsidies inefficient

ALEX DUNNIN  |  THURSDAY, 16 AUG 2012
... people save for retirement but it does question if so much needs to be spent and how well it is targeted. "We know from Treasury that a disproportionate share of the benefits of tax concessions for superannuation accrue to the highest income earners ...

CSSA calls on Treasury for MySuper clarity

LINDA HAUSKEN  |  TUESDAY, 14 AUG 2012
The Corporate Super Specialists Alliance calls on Treasury to provide greater clarity and details on grandfathering provisions that will apply to the MySuper legislation, or move the implementation date to 2014. To date, Treasury has not released any ...

ASX flags concerns over losing single operator status

LINDA HAUSKEN  |  TUESDAY, 14 AUG 2012
... increasing the risk to the financial system, the ASX argued. The Council of Financial Regulators which comprise of the Treasury, the Reserve Bank of Australia, Australian Securities & Investment Commission and Australian Prudential Regulation Authority ...

CGT relief for super funds backdated

LINDA HAUSKEN  |  MONDAY, 6 AUG 2012
... account several of the issues raised by stakeholders in the consultation on the policy design of this measure. Shorten said Treasury will backdate the capital gains tax relief (CGT) for merging superannuation funds to apply from 1 October 2011. Other ...

Trust tax reform can be split

MELANIE TIMBRELL  |  TUESDAY, 31 JUL 2012
... direction reform should take, there is general agreement from industry on reducing complexity and compliance issues. Treasury is currently working on an options paper to elaborate on reform models, including issues such as streaming and when beneficiaries' ...

US releases model FATCA agreement

MELANIE TIMBRELL  |  MONDAY, 30 JUL 2012
US Treasury has released details for future intergovernmental agreements on FATCA, a step that the Financial Services Council says brings resolution of the US-Australia potential compliance problem one step closer. The model agreement will serve as ...

Model FATCA intergov agreement imminent

MELANIE TIMBRELL  |  THURSDAY, 26 JUL 2012
Following talks with US Treasury officials, the FSC said a model intergovernmental agreement on FATCA would be released in the next few weeks. FSC chief John Brogden has urged the Australian government to take advantage of the option and act quickly ...

Treasury heavy handed on portfolio disclosure

BEN COLLINS  |  THURSDAY, 19 JUL 2012
... Gold Coast in Queensland. Despite industry plans to self regulate the full disclosure of a fund's investment holdings; Treasury has taken a "heavy handed" approach in its tranche three submission to the StrongerSuper legislation, said Margaret Stewart ...