Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2011 - 2020 of 28255 results for "NOT"

Perpetual-KKR deal hits tax bill snag

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
... and following extensive board testing and consideration, Perpetual continues to be of the view that the provisions should not apply." The ATO told Perpetual that it will impose section 45B of the Income Tax Assessment Act of 1936 to the transaction. ...

Investment habits of the generations revealed

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
New research from Fidelity has outlined the differences between the generations when it comes to investing and risk. The research - which was based on a survey of more than 1000 Australian consumers aged between 18 and 59 - found that financial confidence ...

Superannuation tax shakeup proposed by Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 9 DEC 2024
A discussion paper commissioned by the Actuaries Institute has proposed a three-pronged tax reform package aimed at making the superannuation system less complex, more equitable, and sustainable. The professional body argued that the complexity of taxes ...

Settlement reached in Caddick class action

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... he said. In December 2023, Chapman told Financial Standard that the SMSF auditors failed in their duties, and if they had not failed his clients wouldn't have suffered any loss. "Our role - acting only on behalf of the SMSFs, not the individual victims ...

AFCA completes independent review of operations

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... enhancing our service delivery while fostering collaboration and innovation." Smith said the completion of the program does not mean work on enhancing AFCA's service would stop and that it is now focused on its next set of strategic priorities and is ...

Platinum, Regal put acquisition talks to bed

JAMIE WILLIAMSON  |  MONDAY, 9 DEC 2024
... million. It now has $10.9 billion in funds under management. "Regal has now completed its due diligence of Platinum and will not be pursuing a combination with Platinum," Regal said. "Regal's growth-focused strategy remains unchanged. Regal will continue ...

ANZ chief to retire, external successor named

MATTHEW WAI  |  MONDAY, 9 DEC 2024
... O'Sullivan explained why Matos emerged as the successful candidate. "He's worked in over nine markets. Although he's not Australian, he'll be coming to Australia with a track record of successfully adopting different countries," O'Sullivan ...

UniSuper has 'some work to get on with' on cyber front: Chair

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
UniSuper's leadership team has touched on how the fund is strengthening its operations following the extensive system outage in May this year. Speaking at the UniSuper Annual Members Meeting last night, chief executive Peter Chun thanked the $140 billion ...

World on the brink: Frontier Advisors

ANDREW MCKEAN  |  FRIDAY, 6 DEC 2024
... proportion of GDP briefly retraced but have since continued their upward trajectory to historically high levels, with deficits "not expected to narrow soon." It said recent higher interest rates have "materially raised the cost of debt," and while central ...

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... executive Misha Schubert commented: "The sector is united in calling for reform and sending a clear message that abuse is not tolerated in any form. We strongly support government and parliament moving to close this legal loophole and protect victims ...