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Showing 3821 - 3830 of 28255 results for "NOT"

PwC senior leaders step down over tax scandal

CASSANDRA BALDINI  |  THURSDAY, 11 MAY 2023
Financial advisory managing partner Pete Calleja and chief strategy, risk and reputation officer Sean Gregory have stepped down amid the firm's tax scandal. Calleja and Gregory will remain at PwC but have exited their senior roles and the executive ...

Industry funds' illiquid assets scrutinised

ANDREW MCKEAN  |  THURSDAY, 11 MAY 2023
... "During 2022, we witnessed a strong sell-off in both listed equities and bonds, and a weak Australian dollar. This selloff did not impact the asset prices of private markets to the same degree and, as a result, it's likely that some of these unlisted ...

High super balance tax needs work: Podcast

CASSANDRA BALDINI  |  THURSDAY, 11 MAY 2023
... concessional tax rates on super balances over $3 million has many pain points. Speaking with Financial Standard, Hutton said he is not a fan of the proposal, saying it "has a few whiskers on it." "I don't see it as being that beneficial other than ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... gains and a growing list of items that will need to be excluded to ensure 'earnings' for the purposes of this new tax are not overstated," he said. "This methodology discriminates against those funds who can identify and report to the ATO actual taxable ...

Family offices maintain a steady course: Goldman Sachs

CHLOE WALKER  |  WEDNESDAY, 10 MAY 2023
... capital calls," the report said. "While many family offices likely have access to margin leverage, 42% indicated that they do not utilise leverage in their investing portfolios."

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... income that is taxable as NALI to twice the level of a general expense, and exempting any that occurred before 2018-19, was not what was expected following consultation. Financial advisers will need to carefully consider the impact on any self-managed ...

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... drives rate rises; it erodes real wages. Which is why this Budget is carefully calibrated to alleviate inflationary pressures, not add to them," he said. There were several winners in this year's budget, including economically disadvantaged women ...

Supercharging Australia's climate investment action

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... dollars of investment capital managed in Australia. Starting with the creation of a national Net Zero Authority that will not only create standards for net-zero investment initiatives, but also will coordinate the development of a clean energy economy ...

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... total taxation receipts explains why the Albanese government is loathe to reverse the Stage 3 income tax cuts. And let's not forget that just 20% of taxpayers - being those earning more $180,000 per year - have already been punished by bracket creep ...

Australia's enviable debt levels

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
Australia's inflation rate, expected to fall from 6% now to 2.75% by 2025, shines a light on Australia's government interest payments and with it, Australia's relative debt position. At June end 2022, there was $895 billion in Australian government ...