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| | | ... returns of 9% net of fees including a 5% distribution yield once the portfolio is mature. It has an investment horizon of minimum five years. The fund requires a minimum of $50,000 as initial investment, and $25,000 for additional investments thereafter. ... |
| | | | ... not change for existing investors. Discretionary trusts, meanwhile, are set for a shakeup after being slapped with a 30% minimum tax. From 1 July 2028, Chalmers proposes to introduce the new tax that will be paid by trustees given they control distributions. ... |
| | | | ... tax discount with inflation-adjusted indexation from 1 July 2027, to restore the taxation of real gains, and introduce a minimum tax rate of 30% on realised gains," Chalmers said. "This will apply to all assets except new homes, where both new and old ... |
| | | | Discretionary trusts have been slapped with a 30% minimum tax amid a slew of "fairer tax arrangements" reforms in the 2026-27 Budget to address intergenerational inequity. From 1 July 2028, Treasurer Jim Chalmers proposes to introduce the new tax that ... |
| | | | ... 2027. The 50% CGT discount for individuals, trusts and partnerships will be replaced with cost base indexation and a 30% minimum tax rate. "Cost base indexation will ensure that in future, only real capital gains are subject to tax, encouraging investment ... |
| | | | ... by relevant financial institutions. Although there will be no changes to how the funds are managed, Platinum increased minimum initial investment from $5000 to $10,000 per fund/class. Commenting, Apex Group country head for Australia Nick Bradford said ... |
| | | | ... it matters most." Further, from July 1 members will be able to make non-lapsing binding death benefit nominations, the minimum timeframe for new events cover is reducing from 30 days to 10, and the fund is making it easier for members to apply for increased ... |
| | | | ... compliance failures as the time, including concerns about financial reporting, governance and the firm's ability to meet minimum capital requirements. In the lead-up to, and immediately following, the licence cancellation, D'Amore transferred ... |
| | | | Treasury is currently seeking feedback in making several changes in the Taxation (Multinational-Global and Domestic Minimum Tax) Act 2024, as it aims to be consistent with the rules from the Organisation for Economic Co-operation and Development (OECD). ... |
| | | | ... is also anticipating wages to start reacting to rising inflation. "Fair Work is expected to release its decision on the minimum wage increase, which flows through to about 50% of wage earners early in June," he said. "We expect the minimum wage increase ... |
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