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Showing 21 - 30 of 43 results for "Managed Investment Trust"

Fund managers not ready to enter new MIT tax regime

DARREN SNYDER  |  MONDAY, 21 MAR 2016
... Bradica said the big end of town is generally well prepared for the new changes, known as the Attribution Managed Investment Trust (AMIT) rules, but many small to mid-sized managers are waiting. "Our feedback from some in the industry shows concern about ...

New CEO at Board of Taxation

DARREN SNYDER  |  MONDAY, 29 FEB 2016
Federal Treasury has announced an inaugural chief executive role at the Board of Taxation that will lead the work of the secretariat as well as all communication with industry stakeholders. Secretary to the Treasury, John Fraser, announced on Friday ...

Parliament tables new tax laws for investment trusts

LAURA MILLAN  |  MONDAY, 7 DEC 2015
The Government tabled the Tax Laws Amendment (New Tax System for Managed Investment Trusts) Bill 2015 in Parliament on the last day of the sitting season. If approved, the proposed rules will apply from 1 July 2016 and will reduce complexity, increase ...

Foreign investment into Australia doubles to $43.6bn

LAURA MILLAN  |  TUESDAY, 17 NOV 2015
Foreign investment into Australia through managed investment trusts (MITs) has more than doubled and was $43.6 billion for the year to 31 December, 2014. The '2015 Australian Investment Managers Cross-Border Flows Report' by the Financial Services Council ...

Industry gears for new settlement regime

MARK SMITH  |  TUESDAY, 25 AUG 2015
Custodians are on track reduce settlement times from three days to two days in time for the official regime change in March 2016. Firms are gearing up to start testing their readiness for the new T+2 Settlement regime in October. "Reducing settlement ...

Treasury invites submissions to draft MIT tax changes

MARK SMITH  |  THURSDAY, 9 APR 2015
Treasury is inviting submissions on proposed changes to the tax system for managed investment trusts, which are aimed at improving the international competitiveness of Australian managed funds. The exposure draft legislation has been developed in close ...

Inflows from overseas double in four years

MARK SMITH  |  TUESDAY, 25 NOV 2014
... increase in investment flows since 2010," Perpetual chief executive Geoff Lloyd said. "We believe the managed investment trust regime has made a major difference to inbound investment and highlights how well delivered policy can make a substantial impact. ...

SMSFs still under-invested in global shares

MARK SMITH  |  MONDAY, 24 MAR 2014
Self-managed super fund (SMSF) investors continue to overlook the diversification and growth benefits of investing in overseas shares, according to Insync head of research Marcus Tuck. While allocations have increased slightly, the latest figures for ...

FSC report backs case for Asia Passport

LAURA MILLAN  |  THURSDAY, 5 DEC 2013
... shows that investment flows into Australia have increased by 78% since January 1, 2010, when the new Managed Investment Trust (MIT) scheme was implemented. Investment flows have gone from $20.3 billion to 36.2 billion, an increase of 21.3% per year. ...

Sagging commodities see drop in foreign investment

JAMES FERNYHOUGH  |  MONDAY, 2 SEP 2013
Australia is attracting considerably less foreign investment compared to the height of the mining boom, according to figures released by the Australian Custodial Services Association (ACSA). In the six months ending December 2012, assets under custody ...