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Showing 11 - 20 of 116 results for "Next Financial"

CSLR levy underspend expected as claim processing slows

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... and will now be received in FY26. The CSLR said more precise details can be expected after the conclusion of the next financial year. CSLR chief executive David Berry said apart from Dixon Advisory Superannuation Services, other large-scale firm failures ...

Bravura chief exits: 'Right time to step aside'

ELIZA BAVIN  |  MONDAY, 28 APR 2025
... June 2025 to assist with a transition of leadership and will continue with Bravura in an advisory role through the next financial year. Bravura non-executive director, and chief commercial officer from August 2023 to June 2024, Shezad Okhai has been ...

APRA levy to cost $243m in FY26

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
... (SAFs) and Single Member Approved Deposit Funds (SMADFs) - a flat rate of $590 per fund - remain unchanged for the next financial year. "APRA is forward-looking and outcomes-focused - identifying prudential risks and taking proactive action to prevent ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... financial advisers will have to fork out $70 million to fund the Compensation Scheme of Last Resort (CSLR) for the next financial year - breaching the $20 million cap - Treasury is now calling for a review of the controversial scheme. The CSLR today ...

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
... cap will remain unchanged compared to 2024/25. This means that new opportunities may arise around NCC eligibility next financial year," MLC senior technical services manager Chris Chow said. Chow explained the increased TBC creates several advice opportunities ...

Budget 2024: Chalmers looks to reset aged care, NDIS

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... on track. The government has said it will invest $531.4 million to offer an additional 24,100 Home Care Packages next financial year. It is also providing $87.2 million to attract nurses and other workers into aged care, and has committed to increase ...

Super contribution caps to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... taxpayer by reducing demand for the Age Pension, so those who are in a position to make use of the increased limits next financial year should give serious consideration to doing so," he said. "Wages have been climbing at a relatively quick rate in recent ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... uptick in underlying EBITDA from its strategic initiatives, with most benefits projected to be realised in the next financial year. However, due to prevailing high inflation, it anticipates a 10% increase in operating costs this half year, alongside ...

ASIC flags AI regulation remit

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... expects to consult on expanding automated order processing rules to futures markets to reflect developments with AI next financial year. "We are also planning to update our electronic trading guidance for the same reason," he said. Longo emphasised the ...

Super planning remains top adviser focus this EOFY: Podcast

CASSANDRA BALDINI  |  THURSDAY, 15 JUN 2023
... used to, but the rate of SG is continuing to increase up to 12% in a few years, 0.5% each year and 11% from July 1 next financial year." Howard said with this in mind, advisers will need to ensure adjustments in payroll systems are made for their employees' ...