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Showing 301 - 310 of 4742 results for "July 2012"

Qantas Super, ART merger official

KARREN VERGARA  |  MONDAY, 31 MAR 2025
Qantas Super and Australian Retirement Trust (ART) officially merged on March 29. About 25,000 members with $9 billion in funds under management (FUM) have moved from Qantas Super to ART. Qantas Super chief executive Michael Clancy said: "It has been ...

Plenary names new chief executive

KARREN VERGARA  |  MONDAY, 31 MAR 2025
Plenary Group has named its new chief executive as incumbent David Lamming exits the post on July 1. Chief investment officer Paul Crowe takes over the top job. He joined the firm in 2005, involved in structuring and executing most of the major infrastructure ...

Guy Debelle to chair Funds SA

ELIZA BAVIN  |  FRIDAY, 28 MAR 2025
Funds SA has announced the appointment of Guy Debelle as chair of the Funds SA board from 24 April 2025. Debelle joined the board in July 2024 after having spent 25 years at the Reserve Bank of Australia (RBA), the last six of those as deputy governor. ...

Jones clarifies scope of new class of adviser

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
Minister for financial services Stephen Jones has ruled out talk that the new class of adviser could provide holistic personal retirement advice and acknowledged the need to reform the Compensation Scheme of Last Resort (CSLR) during a post-budget briefing ...

Dutton doubles down on 'super for housing' policy

ELIZA BAVIN  |  FRIDAY, 28 MAR 2025
Opposition leader Peter Dutton put his party's policies on the table during his Budget reply speech, in which he campaigned on energy price reductions, a tougher stance on immigration and increased spending for healthcare and education. While Treasurer ...

Roads, railways, NBN winners in Budget

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
Labor's attempt to build new and revitalise existing roads and railways will see a $17.1 billion allocation over 10 years, while the NBN will receive a $3 billion bonanza. The Federal Budget commitment to improve transportation networks forms part ...

Tax rules clarified for managed investment trusts

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
The government will amend tax laws to clarify the treatment of managed investment trusts to ensure "legitimate investors" keep their concessional withholding tax rates in Australia. Federal Budget documents said that change complements the Australian ...

Payday super on track, but so is the $3m super tax

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
A breakdown of government revenue revealed the superannuation sector will contribute $25.6 billion to the government's bottom line in 2025-26 - an uplift of $9.7 billion since the MYEFO from taxes on the sector. "The upgrade to superannuation fund ...

New tax cuts for every Australian 'a complete joke': UNSW

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
Treasurer Jim Chalmers has kicked off the 2025-26 Federal Budget by declaring that cost-of-living pressures are "front and centre," unveiling two surprise tax cuts for all Australian taxpayers. From 1 July 2026, the 16% tax rate, which applies to taxable ...

Government looks to bolster TPB, tax compliance

JAMIE WILLIAMSON  |  TUESDAY, 25 MAR 2025
The government plans to strengthen the sanctions available to the Tax Practitioners Board (TPB) to protect consumers against misconduct. As part of the Federal Budget, the Albanese government is enhancing sanctions the TPB can impose, modernising the ...