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Showing 251 - 260 of 31619 results for "Australian"

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... The overhaul comes off the back of the number of discretionary trusts more than doubling over the past 20 years. The Australian Taxation Office estimates there were 1.02 million registered trusts in the 2023 financial year that made total business income ...

Budget doubles down on housing supply with $2bn infrastructure push

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... delivery of 40,000 social and affordable homes over five years. However, the HAFF also faced growing scrutiny with the Australian National Audit Office launching a performance audit in 2025 amid concerns around project delivery, costs and times. Industry ...

Government to commit $3.7bn to strengthen aged care access

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The government will invest $3.7 billion to increase the supply of residential aged care accommodation, accelerate the release of Support at Home packages and enhance the quality and affordability of aged care services. In a direct response to the Residential ...

Chalmers overhauls negative gearing, CGT discount

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... for 19 million Australians with a super account, who value stability in super's tax settings. "Super offers every Australian a deal: if you set aside money for your retirement and reduce your future reliance on the age pension, you are rewarded by ...

Rest faces scrutiny over alleged super reporting error

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Rest has come under scrutiny following claims it incorrectly reported superannuation contributions to the Australian Taxation Office for an individual who was never a member of the fund. The issue was raised publicly by financial planner Matt Marsh ...

ASX Advisory Group gives update on corporate governance revision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The Advisory Group on Corporate Governance (AGCG) for the ASX has met for the third time, providing an update on the revision of the ASX's corporate governance principles, which were last updated in 2019. The AGCG said its priority was to complete the ...

ASX not in a rush to pick next chief executive: Chair

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
... Clarke said the market operator does not want to rush the appointment of its next chief executive. Speaking at the Australian Shareholders' Association 2026 Investor Conference in Melbourne last week, Clarke said succession planning is one of the ...

Calls for CGT, negative gearing reforms 'unanimous': Mulino

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Assistant treasurer and minister for financial services Daniel Mulino said changes to capital gains tax (CGT) and negative gearing - which are expected to be outlined in tonight's Federal Budget' - came about after "unanimous calls" for reform ...

Senate report backs removal 30-hour work threshold for SG

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
A Senate Economics Legislation Committee report released this week expressed in principle support for paying super on every dollar earned, including removing the existing 30 hour per week threshold that currently applies to under 18 workers. Under current ...

Super funds welcome UK's Supers Unit to push investments

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
The Australian superannuation industry has welcomed the creation of a dedicated Supers Unit by the UK government, which will prove as a point of contact to help funds identify and progress investment opportunities in the UK. This follows a commitment ...