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Showing 3301 - 3310 of 6512 results for "Jul"

Government acts on income streams review

DARREN SNYDER  |  WEDNESDAY, 4 MAY 2016
Going some way to form the federal government's superannuation budget agenda last night was Treasury's release of the Retirement Income Streams Review. Based on the review's seven recommendations the government has decided to remove tax barriers to ...

Advisers encouraged to review changes carefully

KERRIE SYDEE  |  WEDNESDAY, 4 MAY 2016
A higher than expected number of changes to superannuation delivered in the 2016 federal budget will keep financial advisers on their toes, as they work to update financial plans in line with the changes. From 1 July 2017, the tax exempt status of income ...

Super objective paves way for taxation changes

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
The Federal Government has made several budget announcements around its reaffirmation of enshrining the objective of superannuation in law, including taxing the earnings of Transition to Retirement Income Streams. A joint statement from Treasurer Scott ...

Reforms aimed at supporting women

KERRIE SYDEE  |  TUESDAY, 3 MAY 2016
From 1 July 2017, Australians with a superannuation balance under $500,000 will be allowed to make additional concessional contributions to their super and the low income spouse superannuation tax offset will be raised from $10,800 to $37,000. Individuals ...

What the budget means for you

MARK SMITH  |  TUESDAY, 3 MAY 2016
The first budget of the Turnbull government will impact financial services companies operating right across the Australian wealth creation value chain from the largest institutions right down to smallest independent advice firms. Treasurer Scott Morrison's ...

Labor supports tax cuts

MARK SMITH  |  TUESDAY, 3 MAY 2016
Shadow Treasurer Chris Bowen has said Labor will support tax cuts for small business and the government's move to address income tax bracket creep. The Labor front bencher said his party would support tax cut for small businesses from 28.5% down to ...

Ten-year enterprise tax plan to benefit SMEs

KERRIE SYDEE  |  TUESDAY, 3 MAY 2016
Financial advisers and superannuation industry service providers are likely to be the main beneficiaries of company tax cuts in the 2016/17 Budget. From 1 July 2016 the small business tax rate will be lowered to 27.5% and the turnover threshold for ...

Budget CIV plan lets Australia export investment expertise

ALEX BURKE  |  TUESDAY, 3 MAY 2016
The Government has announced in its 2016-17 budget that it will introduce new tax and regulatory frameworks to further facilitate foreign access to Australian funds management services. The two new collective investment vehicles (CIVs) introduced in ...

AZ NGA signs twelfth firm

KERRIE SYDEE  |  TUESDAY, 3 MAY 2016
AZ Next Generation Advisory has signed a binding sale and purchase agreement to acquire the entire capital of its twelfth firm. Sterling Planners was established in 1997 and currently services clients from North Sydney. The firm offers clients a full ...

IFM Investors hires chief economist

MARK SMITH  |  MONDAY, 2 MAY 2016
IFM Investors has appointed a chief economist, a newly created role for the fund manager. PhD qualified macro-economist Alex Joiner joins the firm, bringing with him over a decade of experience across Australian, New Zealand and Asian economies, with ...