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| | | ... 4.4% came from excise tax or $25.4 billion. At the individual level, the ATO found that Sydney's Edgecliff, Darling Point, Rushcutters and Point Piper residents earned the highest average taxable income of $279,712. Double Bay residents made $255,901 ... |
| | | | ... corporate balance sheets are in good health and earnings are robust and the economy remained resilient. From our process point of view, we still want to keep our equities at least at neutral," he said. MLC MySuper, for example, mandates a mix of active ... |
| | | | ... oversight has come with the personalisation of risk (44%)." These challenges have brought the industry to an inflection point and will likely see further consolidation via mergers and acquisitions. CREATE-Research chief executive Amin Rajan said the ... |
| | | | Australian Retirement Trust (ART) has made an array of changes to several corporate superannuation plans it manages, including shuttering one. The Tiffany & Co. Superannuation Plan has closed as of June 20 with members transferred to a Super Savings ... |
| | | | ... spikes in oil prices, the largest and longest-lasting increases typically arise from regime changes," Sycamore said. "At this point, the market response has been one of caution as we await further details on what comes next and, more precisely, what ... |
| | | | ... end of the year is justified, and only one rate cut is actually warranted. The situation in the US provides an interesting point of reference. "After the Federal Reserve held rates... the market is now predicting two rate cuts in the US for the remainder ... |
| | | | Treasurer Jim Chalmers has cast productivity as the government's chief priority, with budget sustainability and resilience also among its key focuses but made the case that sensible progress can't be made without proper consideration of more tax reform ... |
| | | | ... Additionally, Arnold added that some companies are using tariffs as a "smokescreen" to capitalise on extra fees. He said: "I can [point the increase] towards tariffs... I put them [fees] up 5%, 6%, or 8% - will they [clients] really know the difference?" ... |
| | | | The SMSF Innovation Council has launched to provide the SMSF sector with education, advocacy and a best-practice framework to help navigate the digital assets landscape. Chaired by Kate Cooper, the initiative is focused on collaborating and sharing ... |
| | | | ... fund, they're most tempted to jump ship. "The funds that are doing the job well, they're the ones catching members at that point - understanding the triggers of when a member might have a life-stage..." she said. |
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