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Showing 2851 - 2860 of 7101 results for "June 2011"

Super assets hit $2.3 trillion

KARREN VERGARA  |  THURSDAY, 25 MAY 2017
Superannuation assets including MySuper reported double-digit growth in the 12 months to March, according to quarterly figures from APRA. While total superannuation assets grew to $2.3 trillion, up 11.2% on the prior year, MySuper assets (part of the ...

Fed trumps Trump

BENJAMIN ONG  |  THURSDAY, 25 MAY 2017
The S&P 500 index notched another fresh record high overnight - up by 0.3% to 2,404.39 points - and the VIX index dropped to a reading of 10.02 - the market has never been this fearless in more than 23 years (January 1994 when the index read 9.94) - ...

FSC and EY seek WAMtech revolution

EMMA RAPAPORT  |  TUESDAY, 23 MAY 2017
The Financial Services Council, in conjunction with professional services firm EY, is calling on the nation's most innovative fintech developers to help revolutionise the Australian wealth and asset management industry by taking part in the inaugural ...

Senior ATO official tangled in $165m fraud scandal

JAMIE WILLIAMSON  |  THURSDAY, 18 MAY 2017
One of the Australian Taxation Office's most senior and long-serving officials is expected to be charged in relation to an Australian Federal Police investigation into an alleged $165 million tax evasion syndicate. Deputy tax commissioner Michael Cranston ...

ATO pushes back SMSF returns deadline

KARREN VERGARA  |  MONDAY, 15 MAY 2017
The Australian Tax Office is extending its self-managed superannuation fund annual returns date for the 2015-16 reporting period to 30 June 2017. The superannuation reform, taking effect on July 1, is proving to be a "crucial transition" period for ...

UniSuper obtains public offer licence

EMMA RAPAPORT  |  FRIDAY, 12 MAY 2017
Industry super fund UniSuper will open its doors to more members after successfully varying its registrable superannuation entity licence to public offer status. The $60 billion fund, which currently services about 400,000 current and former higher ...

Partnership empowers accountants to give advice

KARREN VERGARA  |  FRIDAY, 12 MAY 2017
Self-managed superannuation fund software provider Class has partnered with an online financial adviser in a move that will give accountants the power to offer financial advice to clients without an AFSL. Accountants working with SMSF clients will indirectly ...

No 'Plan B' for Brexit "twist and turns"

BENJAMIN ONG  |  FRIDAY, 12 MAY 2017
There were no surprises at the Bank of England's (BOE) 11 May decision to keep the Bank Rate where it was since August 2016, when it was lowered from 0.5% to 0.25% to contain the fallout from the 'Brexit' vote of the previous month - a decision that's ...

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
The major banks will be slugged $6.2 billion via a new levy to level the playing field for the banking sector. "This represents a fair additional contribution from our major banks and will assist with budget repair by at least $1.5 billion per year," ...

Terrible tax policies of the last 25 years

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
Many Budgets have proven to be good for the country, while others received less than glowing reviews in history books. To take us into the next phase of fiscal policy, one of Australia's most respected and renowned economic commentators, Saul Eslake ...