Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 311 - 320 of 358 results for "Levy"

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 ...

Trustee fury prompts SMSF compo rethink

ALISON BEVEGE  |  FRIDAY, 15 APR 2011
... about because there were potential downsides such as cost. The payout for Trio victims' compensation will be raised by a levy on all APRA-regulated fund members at the rate of 2c per $100. But Burgess said any levy on SMSF funds to form a separate compensation ...

$55 million for Trio super fraud victims

ALISON BEVEGE  |  WEDNESDAY, 13 APR 2011
Victims of the Trio Capital superannuation fund fraud will receive $55 million in compensation from a special levy, the Federal Government announced today. Members of four super funds formerly under the trusteeship of Trio will recover all lost funds ...

Levy to fund $15m ad campaign

ALISON BEVEGE  |  THURSDAY, 10 MAR 2011
... clients get in return for fees. The publicity would cost $15 million over three years and will be partially funded by a yearly levy of $220 for professional financial planners and $100 for future planners. Advisers present in the audience responded positively ...

Wall Street does an Abbott

BENJAMIN ONG  |  WEDNESDAY, 9 FEB 2011

Market Wrap - Midday

AAP  |  FRIDAY, 28 JAN 2011
... dollar traded between 98.92 US cents and 99.29 cents. ICAP senior economist Adam Carr said the federal government's flood levy would only have a small economic impact and the Australian dollar was more likely being affected by national economic uncertainty. ...