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Showing 301 - 310 of 353 results for "Levy"

Politicians spar over future of superannuation guarantee

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
... concerned about the adequacy of retirement incomes and hopes to boost the amount in the superannuation pot by an increased levy. The opposition says any increase would affect low- and middle-income earners who could better spend the money on their cost ...

SPAA calls for fraud net to be cast wider

MATT WOODINGTON  |  TUESDAY, 9 AUG 2011
... Fund Professionals Association has called for greater investor protection against fraudulent investment schemes, proposing a levy on all product providers. SPAA is urging broader reforms around insurance and compensation measures following the recent ...

Astarra director convicted by NSW Supreme Court

ALISON BEVEGE  |  MONDAY, 25 JUL 2011
... Astarra Strategic and ARP Growth. Superannuation funds harmed by the Trio scandal received $55 million from a compensation levy on APRA-regulated funds. Self-managed funds, not regulated by APRA or subject to the levy, received nothing. Richard, received ...

Time to call it quits - again

BENJAMIN ONG  |  MONDAY, 27 JUN 2011
... Overcoming the Euro Crisis". Read it here: http://varoufakis.files.wordpress.com/2011/03/a-modest-proposal-version-2-1-for-the-levy-institute-pdf.pdf And of course, there's also the "Vienna initiative" which Olli Rehn, the EU's economic and monetary ...

All clear for a bail

BENJAMIN ONG  |  WEDNESDAY, 22 JUN 2011
... - outright pay reductions of public servants, a freeze in government hiring and for those who still have jobs - a 'crisis levy' on their wages. Yeouch! And yes, there would be a garage sale of Greek assets too. Let's hear a bid for the Parthenon, going ...

Shorten ups Trio super levy to $750,000

ELISE BURGESS  |  WEDNESDAY, 8 JUN 2011
APRA regulated superannuation funds will pay a maximum $750,000 under the compensation levy being introduced to recoup the lost $55 million for the victims of failed investment firm, Trio Capital. Under new regulations announced, Assistant Treasurer ...

Deadline tonight for Trio levy submissions

ALISON BEVEGE  |  MONDAY, 16 MAY 2011
Time runs out today for superannuation funds to have their say on regulations governing the levy to raise $55 million in compensation for victims of the Trio Capital fraud. With the impost worked out as a percentage of funds under management and capped ...

Budget 2011: "Benign" Budget a relief for finance sector

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
... auditors and improved data collection. The increased funding is to be raised by increasing the annual self-managed super fund levy by $30 from $150 to $180 from July.

Trio compo draft regulations released

ALISON BEVEGE  |  TUESDAY, 10 MAY 2011
Superannuation funds have until next Monday to have their say on regulations governing the levy to raise $55 million in compensation for victims of the Trio Capital fraud. Funds will be exposed to a maximum impost of $500,000 down to a minimum of $50 ...

Ministers backed to raise super contribution

MATT WOODINGTON  |  MONDAY, 2 MAY 2011
Christian Super is supporting the decision by the Baptist Union of NSW and ACT to raise the superannuation levy for Ministers of Religion from 9 per cent to 11 per cent. There have been concerns that due to unique taxation arrangements to help churches ...