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| | | The SMSF Association and Chartered Accounts ANZ (CA ANZ) have urgently called for the rejection of a newly proposed bill that would double tax on many Australians superannuation earnings. Yesterday in Parliament, assistant treasurer Stephen Jones introduced ... |
| | | | ... annuities, which we believe are more attractive," he said. Recently released figures from the Australian Bureau of Statistics (ABS) shows there were 4.1 million retirees in 2020-21 comprising about 16% of the total population. At the time, some 670,000 ... |
| | | | ... economists anticipated, coming in at 4.9% in October, a decline from 5.6% in September. The Australian Bureau of Statistics (ABS) said the decline represents the third consecutive quarter of lower annual inflation and represents a positive trend when ... |
| | | | Australia's fintech sector is showing signs of growth; however, it's still being held back by constrained local capital, complex regulatory challenges, and investor appetite for offshore opportunities. In its eighth consecutive year, the EY ... |
| | | | Global pension funds are increasing investments in Australian agriculture, the nation's second-largest real estate sector, prompting Warakirri Asset Management managing director Jim McKay to question the relative absence of superannuation funds. Warakirri ... |
| | | | ... chief economist Diana Mousina says it's not economically sustainable. According to the Australian Bureau of Statistics (ABS), September's 4% WPI represents a 26-year high not observed since the March quarter of 2009. Speaking to Financial Standard ... |
| | | | ... investment officer for the credit division Craig Scordellis, and senior partner and chief executive for asset-backed securities (ABS) Jason Walker. The $955 billion (CAD $845 billion) Manulife said both its clients and CQS's will gain access to enhanced ... |
| | | | COG Financial Services (COG) has withdrawn its proposal to acquire Diverger, citing concerns that shareholders may not support its $27 million offer. Last month, COG presented its non-binding indicative offer, stating its intention to pay $1.4083 per ... |
| | | | Australia's major banks have achieved skyrocketing returns of $32.5 billion, up 14% from last year, driven by loan growth, margin expansion and the continued decline in notables. This year, profits exceeded the previous record set in 2017 at $31.2 ... |
| | | | The Australian Taxation Office (ATO) has disclosed that a record-breaking $83.8 billion was paid in income tax by large corporations for the 2021-22 financial year. According to the ATO's ninth annual Corporate Tax Transparency (CTT) report, the income ... |
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