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

Search Results

Showing 221 - 230 of 353 results for "Levy"

Government pushes ahead with new ASIC funding model

ALEX BURKE  |  FRIDAY, 5 MAY 2017
... regulatory costs tend to vary significantly, and may include both fixed and graduated components. There will be a maximum levy cap for publicly listed companies; the draft report said this was because ASIC's regulatory costs involving these companies ...

Industry model costing good advisers

KARREN VERGARA  |  MONDAY, 3 APR 2017
... behaving professionally and ethically, according to the Association of Financial Advisers. The ASIC Supervisory Cost Recovery Levy Bill, which details an industry funding model designed to recoup the cost of monitoring and remediating poor advisers could ...

CBA caught out on unpaid super

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2017
... been ripping off some of its lowest paid staff since at least 2009 by failing to pay them the full Superannuation Guarantee Levy and we are committed to make sure the bank pays up," FSU national secretary Julia Angrisano said. "It is bad enough that ...

Advisers to foot $24m bill

KERRIE SYDEE  |  TUESDAY, 8 NOV 2016
... Services (AFS) Licensees who provide personal advice on Tier 1 products to retail clients, ASIC has suggested they are charged a levy based on the number of advisers registered on the Financial Advisers Register (FAR). Under the proposal licensees would ...

Time to review MySuper effectiveness

DARREN SNYDER  |  FRIDAY, 1 JUL 2016
... them. "There has been considerable cost to the funds in doing this and this has mostly been passed onto members through a levy. Both funds and members need to review whether MySuper has indeed been the solution they were looking for," Latto said. This ...

Australian Ethical further reduces super fees

DARREN SNYDER  |  FRIDAY, 24 JUN 2016
... super members will reduce by 0.22%. Of that amount, 0.07% is a reduction of the fund's operational risk financial requirement levy. The funds under management-based revenue margin has been adjusted to 1.24%, down from 1.74% in the 2015 financial year ...

Unintended consequences unearthed in super changes

MARK SMITH  |  FRIDAY, 10 JUN 2016
... associated with additional care requirements. This complexity essentially means the government's super changes put an additional levy on people living with a disability.

What the budget means for you

MARK SMITH  |  TUESDAY, 3 MAY 2016
... from 1 July the 32.5% income tax threshold has been lifted from $80,000 to $87,000. Additionally the temporary budget repair levy of 2% on income over $180,000 has not been extended beyond June 2017. Negative gearing remains unchanged in this budget. ...

Labor supports tax cuts

MARK SMITH  |  TUESDAY, 3 MAY 2016
... threshold who get absolutely nothing and because the government is lifting that threshold and taking off the high income levy; it means somebody on an income of a million dollars a year, under this Budget, receives a tax cut, of $16,750." He then confirmed ...

Actuaries call for objectives across retirement system

DARREN SNYDER  |  FRIDAY, 8 APR 2016
... reintroducing maximum withdrawal factors for income streams. Lump sums above $195,000 to be taxed at 15% plus the Medicare levy. Maintain means test exemption on home equity releases. Establish specific target in relation to fiscal sustainability of ...