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Showing 181 - 190 of 277 results for "Capital gains tax"

AGEST bungles returns

BEN COLLINS  |  WEDNESDAY, 25 JUL 2012
... and present government employees - recently put its merger with Australiansuper on hold, to take advantage of capital gains tax offsets that are yet to come into legislation.

StatewideSuper, Local Super complete merger

BEN COLLINS  |  WEDNESDAY, 4 JUL 2012
... fund, based in South Australia and the Northern Territory. The merger was enabled by planned federal government capital gains tax relief measures, said Pauline Vamos, Association of Superannuation of Australia (ASFA) CEO. "Superannuation fund mergers ...

AGEST merger put on hold

BEN COLLINS  |  FRIDAY, 29 JUN 2012
AGEST Super has put its merger with AustralianSuper on hold until after December when a deferral of capital gains tax becomes legislation. The legislation will extend capital gains tax (CGT) rollover relief until 2017 for superannuation funds that will ...

Budget increase may damage property business growth

RACHEL DAVIS  |  MONDAY, 14 MAY 2012
... manager and responsible entity. This is undermined by this tax policy change. "The Budget has also removed a capital gains tax discount for non-resident investors. An investor in Australian property through a Managed Investment Trust had been eligible ...

SMSFs face fire-sales of illiquid assets

BEN COLLINS  |  TUESDAY, 8 MAY 2012
... the asset could see certain beneficiaries, such as adult children, liable for very sizable death benefit and capital gains tax liabilities. "This could be as much as 20% or more of the property's profit. For example, beneficiaries receiving benefits ...

CGT relief paves way for super mergers

MELANIE TIMBRELL  |  TUESDAY, 24 APR 2012
Merging superannuation funds will receive capital gains tax relief in the upcoming Budget, opening the way for the finalisation of a raft of proposed mergers, particularly in the not-for-profit superannuation space. Minister for Financial Services and ...

Calls for CGT merger relief

ELISE BURGESS  |  FRIDAY, 13 APR 2012
Lack of clarity around the Government's intention for providing capital gains taxation relief for superannuation mergers is damaging members and limiting MySuper outcomes, according to AustralianSuper and ASFA. With the rising trend of super fund mergers ...

Contrib caps improve super social equity

ALEX DUNNIN  |  WEDNESDAY, 15 FEB 2012
... cost $30 billion claiming the truer figure is more likely about $13 billion, the difference being due to how capital gains tax discounts are treated. While the ASFA paper reports that most of the superannuation's tax benefits accrue to the largest income ...

New tax proposals aim to consolidate lost super

CLAIRE MCGREAL  |  WEDNESDAY, 8 FEB 2012
... bill, aimed at simplifying super consolidation and improving business tax rules in certain areas. These include capital gains tax, hire purchase arrangements, financial supplies and tax for new residential properties. Individuals with 'lost' super amounts ...

legalsuper launches low fee investment option

CLAIRE MCGREAL  |  THURSDAY, 8 DEC 2011
... funds are not actively managed and therefore less trades are made, which in turn means lower brokerage fees and capital gains tax." legalsuper said the low fee index addition means it now offers both active and passive investment styles to its members. ...