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Showing 281 - 290 of 364 results for "ASC"

Market Wrap - Morning

AAP  |  WEDNESDAY, 22 JUL 2009
The Australian sharemarket is expected to open in positive territory after US stocks rose and oil prices gained overnight. Lower gold, silver and copper prices could limit gains, however. At 0732 AEST on the Sydney Futures Exchange, the September share ...

SMSFs beware the taxman

COMPANY RELEASE  |  THURSDAY, 18 JUN 2009
An estimated 70,000 new SMSF trustees will be responsible for filing their first annual tax and compliance statements after June 30 this year, and based on past experience of the tax office, many fledgling trustees will fail to comply with superannuation ...

ATO targets loss schemes

RUTH LIEW  |  MONDAY, 1 JUN 2009
As the 2008-09 financial year draws to a close, tax commissioner Michael D'Ascenzo warned last month that his office will be closely reviewing three arrangements that attempt to falsely generate claims for inappropriate tax losses. The department is ...

Market Wrap - Morning

AAP  |  TUESDAY, 26 MAY 2009
Australian shares are are expected to open slightly lower following small losses yesterday. Stock and commodity markets in the US and London were closed overnight for public holidays, meaning there is little direction for local shares. At 0725 AEST ...

Market Wrap - Midday

AAP  |  THURSDAY, 7 MAY 2009
The Australian share market was higher at noon, boosted by a positive lead from United States markets, better-than-expected jobs figures and a well-received quarterly profit result from Rupert Murdoch's media conglomerate, News Corp. Official data showed ...

...and targets SMSF market

MICHAEL HOBBS  |  THURSDAY, 23 APR 2009
AMP is moving into the burgeoning self managed super fund (SMSF) market by launching the firm's Ascend SMSF product. Paul Sainsbury, director of product manufacturing at AMP, said the product allows trustees to have complete control over their fund ...

ATO relays transitional rules concerns

MICHAEL HOBBS  |  FRIDAY, 17 APR 2009
The Australian Tax Office (ATO) is warning accountants and self managed super fund (SMSF) trustees to be wary of promotions that advertise selling an inactive pre-1999 SMSF with a related trust. In some cases, promoters have claimed any investments ...

ATO targets early access and in-house rules

MICHAEL HOBBS  |  THURSDAY, 12 MAR 2009
The Australian Tax Office (ATO) is targeting illegal early access to retirement savings and stepping up its compliance activities to ensure self managed super fund (SMSF) trustees don't break the law. Speaking at the SMSF Professionals' Association ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 FEB 2009
The Australian market has received a strong lead from Wall Street, although precious metals were down. Copper and oil both were up, however. At 0808 AEDT on the Sydney Futures Exchange, the March SPI futures index was 70 points HIGHER at 3,385. In economic ...

Basile joins nabInvest

COMPANY RELEASE  |  TUESDAY, 10 FEB 2009
Direct asset management firm, nabInvest has hired former Ascalon Capital Managers chief executive Nick Basile as investment director. Basile has more than 20 years investment management experience, previously working as general manager of investments ...