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Showing 371 - 380 of 6880 results for "Tax"

Patience urged over 'shortsighted' super tax

ELIZA BAVIN  |  FRIDAY, 16 MAY 2025
... SMSF Association (SMSFA) is repeating calls for the government to address "catastrophic" flaws in its proposed superannuation tax. SMSFA chief executive Peter Burgess said the critical flaw in the proposed tax is its calculation of investment earnings ...

State insurer names new CIO as government review looms

ELIZABETH FRY  |  THURSDAY, 15 MAY 2025
... officer, Steed will be responsible for the organisation's investment operations, financial control, financial reporting, tax, external audit process, and corporate strategy. The new operating chief joined the super fund as its general manager in ...

Panic selling of SMSF assets 'totally unnecessary'

ELIZA BAVIN  |  THURSDAY, 15 MAY 2025
... Alliance principal David Busoli said panic selling of SMSF assets over concerns around the Albanese government's proposed 30% tax on superannuation assets over $3 million is "totally unnecessary" and urged people to "look at the facts". Busoli said ...

Advice bodies want efficiency, long-term solutions from Mulino

KARREN VERGARA  |  WEDNESDAY, 14 MAY 2025
... (IFPA) also wants to engage with Mulino at the earliest opportunity. This is to consult on its priorities: the Division 296 tax, enhancing the affordability and accessibility of financial advice by amending the DBFO reforms, and enabling accountants ...

Chalmers lays down the law on super tax

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
Treasurer Jim Chalmers is remaining steadfast that the Labor government will legislate the 30% tax rate on superannuation balances over $3 million. "We've made that clear that we haven't changed our policy. We announced that policy more than ...

Benchmark-clinging passive investors risk meagre returns: Perpetual

ANDREW MCKEAN  |  TUESDAY, 13 MAY 2025
... of US Federal Reserve quantitative earnings during and after the Global Financial Crisis and the COVID-19 pandemic, lower tax rates, and more recently, investment hype surrounding artificial intelligence. He acknowledged that while passive investing ...

Daniel Mulino takes over financial services portfolio

JAMIE WILLIAMSON  |  TUESDAY, 13 MAY 2025
... for a fresh perspective. "Rather than making piecemeal changes, we call on the Albanese government to undertake long-term tax reform in its second term. We stand ready to work closely with Dr Mulino through what we hope will be a period of renewal and ...

NZ Super appoints inaugural chief operating officer

MATTHEW WAI  |  TUESDAY, 13 MAY 2025
... officer, Steed will be responsible for the organisation's investment operations, financial control, financial reporting, tax, external audit process, and corporate strategy. Steed will also spearhead its business solutions, cloud operations, data ...

HESTA sells out of MinRes after failed engagement

JAMIE WILLIAMSON  |  MONDAY, 12 MAY 2025
... after it failed to take appropriate action over concerns HESTA had about the company's governance, including allegations of tax evasion and misuse of company resources - primarily involving founder and managing director Chris Ellison. HESTA said it will ...

Prime Super to change admin fees

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
... from 1 July 2025. For accumulation accounts, the fixed administration fee will decrease from $1.53 per week (subject to a 15% tax rebate) to $1.50 per week, with the tax rebate removed. The asset-based administration fee will fall from 0.588% per annum ...