Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 193 results for "Franking credits"

Super gender balance gap increases

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... $170,000. For investments, more than 2.8 million individual investors earned franked dividends of $8509 on average. Franking credits were valued at $3412. Nearly 1.7 million partnerships and trusts (excluding non-primary production) earned $35,353 on ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... Committee's attentiveness to retail investor and stakeholder concerns. She also underscored the significance of franking credits for many Australian shareholders, especially retirees, and urged the government to respect their election promise not to ...

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... the one third Capital Gains Tax discount that applies to super funds and the lack of access to the benefit of franking credits that would otherwise be available to super funds," she said. As for the $3 million threshold, the FAAA wants this to increase ...

Franking credit changes could backfire: SMSF Association

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
The SMSF Association is concerned over proposed laws that will impact franking credits for distributions funded by capital raisings. In a submission to the Senate Economics Committee, due to report on May 26, the SMSF Association said that amendments ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
A Senate Economics Committee inquiry will scrutinise the government's proposed changes to franking credits, which target share buybacks and capital raisings. In February, assistant treasurer and minister for financial services Stephen Jones introduced ...

Future Fund subsidiaries set to receive tax exemption

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... result, these subsidiaries pay corporate income tax, which is subsequently refunded to the Future Fund board via franking credits attached to the dividends paid to it. Treasury explanatory materials said the current tax arrangements result in unnecessary ...

Still potential for dividends growth: Ausbil

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
... "In fact, we see slightly higher payout ratios from some sectors where they have lost the ability to distribute franking credits through off-market buybacks." Price noted in recent years, resources companies overtook banks for the sheer quantum of dividends ...

Franking credit crackdown rife with unintended consequences: LICAT

ANDREW MCKEAN  |  WEDNESDAY, 28 SEP 2022
... prevent," LICAT said. The government prepared exposure draft legislation to prevent companies from attaching franking credits to distributions to shareholders made outside the company's normal dividend cycle. This would be to the extent that distributions ...

Will big super's unlisted investments amplify retirement savings?

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
... significant advantages. "These include a familiar and simpler tax and legal framework, lower management costs, franking credits, reduced currency risk, lower geopolitical risks, and the benefits of being familiar with local networks and local business ...

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... including limited tax relief for merger expenses to closing funds, Qualified Person status eligibility under franking credits holding (45 day) period rule, amongst others." Per the report, a burgeoning of financial crimes prevalence and sophisticated ...