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Showing 311 - 320 of 6836 results for "Tax"

Life insurers report another profitable quarter

KARREN VERGARA  |  FRIDAY, 30 MAY 2025
... in insurance revenue, marking a 3% rise from the December 2024 quarter. Life insurers managed to turn the $15 million after-tax loss into $332 million in net profit, partly driven by positive insurance service results, of which includes a bump in changes ...

Ironbark acquires family office firm

ELIZA BAVIN  |  FRIDAY, 30 MAY 2025
... office firm. Established in May 2015, Mercury offers a range of financial services from investment advice, asset protection, tax structuring, succession, estate planning and philanthropy to high-net-worth individuals. Ironbark head of private wealth ...

New SMSF trustees drive financial advice uptake

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... intergenerational wealth transfers (29%) and estate planning (37%), while newly established SMSFs are far more focused on tax minimisation (37%), insurance (26%), and purchasing an investment property (25%). Tax and retirement planning represented the ...

La Trobe debuts first ASX-listed investment product

ANDREW MCKEAN  |  TUESDAY, 27 MAY 2025
La Trobe Financial, the Brookfield-owned alternative asset manager with $20 billion in assets under management, has launched its first fund on the ASX. The IPO seeks to raise between $100 million and $300 million, with units priced at $2.00. La Trobe ...

Small construction firms drag productivity: CEDA

KARREN VERGARA  |  TUESDAY, 27 MAY 2025
... Australia's productivity levels by 49%. CEDA also found several factors incentivise businesses to stay small, namely that tax settings can result in the self-employed paying less tax, and complex regulation makes it harder for firms to grow and expand ...

BUSSQ lowers administration fees

ELIZA BAVIN  |  TUESDAY, 27 MAY 2025
... administration fee, which prior to July 1 is charged at 6% of the gross insurance premium. However, BUSSQ will also remove the direct tax rebate on insurance premiums, which it said would reduce the amount of tax paid by the fund, but the benefit of ...

Industry groups hammer out guidance on tax-deductible advice fees

ANDREW MCKEAN  |  MONDAY, 26 MAY 2025
... Financial Advice Association Australia (FAAA), in consultation with leading accounting bodies, has released new guidance on tax-deductible advice fees. The guidance follows the release of the ATO Tax Determination in September last year, which the FAAA ...

Franklin Templeton, Pendal funds shutter

KARREN VERGARA  |  MONDAY, 26 MAY 2025
Franklin Templeton has shuttered two of its funds this month, while Pendal will terminate one of its funds in August. Responsible entity Franklin Templeton Australia Limited (FTAL) has closed both the ClearBridge RARE Emerging Markets Fund and Martin ...

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
... decrease of $225 in the first year, the fund outlined. Members who open a retirement income account may also be eligible for a tax-free bonus of up to $12,350, it added. "Aware Super is dedicated to helping our members reach their retirement goals and ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
As politicians, industry groups, and financial experts spar over the $3 million super tax, which will only affect a fraction of Australians, another critical problem is being ignored. The "vast majority" of people under 30 will never have more than ...