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Showing 21 - 30 of 5620 results for "Money"

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... news articles and deepfake videos to convince people that celebrities and well-known public figures are making huge sums of money using online investment trading platforms, when in fact it is a scam." Reports to Scamwatch indicated the most prolific ...

Long-term cost of super early release to be $85bn: SMC

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
... the devastating consequences of schemes that break super's preservation rules," she said. "People are left with far less money at retirement, and the next generation - our children and grandchildren - will have to pay higher taxes to pick up the bill ...

Pallas Capital, Ares launch $500m lending fund

CHLOE WALKER  |  THURSDAY, 29 FEB 2024
... funding partners. PFT aims to further expand Pallas' presence in the local commercial real estate (CRE) debt market by lending money on pre-development loans, residual stock loans, and investment property loans. It will target medium-sized CRE loan types ...

Super assets reach $3.7tn

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... 7% to $913.7 billion. Industry funds' assets under management (AUM) of $1.3 trillion is where most Australians park their money, growing 15% year on year. Retail super funds' AUM grew at a slower pace of 8% to reach $713 billion. There are now 108 APRA-regulated ...

Five megatrends shaping financial services: McCrindle

CHLOE WALKER  |  FRIDAY, 23 FEB 2024
... the generation where the wealth relative to the population is the greatest." Interestingly, this generation is using its money in altruistic ways beyond themselves. "We've got a generation helping their children and particularly their grandchildren in ...

Proposed super tax requires perspective: Expert

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... so. Younger members from 40- to 60-years-old who are likely to hit $3 million currently wonder if they should keep putting money into super. "If they do [get to $3 million] and they've done it by making lots of extra concessional contributions or ...

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... their SMSF, appreciating they are a genuine platform for their retirement savings strategy. For those who opt to take their money out of superannuation because of this change, Heffron flagged issues that must be considered including the impact of large ...

Super tax is a 'wealth tax': Taylor

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... savings system, Taylor emphasised the need to give Australians choice and flexibility with respect to how they invest their money, the risk profile undertaken and whether they opt for an industry fund or establish an SMSF. "Retirement is an individual ...

Younger Aussies embracing SMSFs, guidance needed

CHLOE WALKER  |  WEDNESDAY, 21 FEB 2024
... forget" habits, she said, and love gamification. "They live technology-driven savings where they don't actually see the money," Hurley said. "Younger generations respond well to competitive forces. "So, if they see their friends achieving certain ...

ATO cracks down on illegal early SMSF access

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
The Australian Taxation Office is cracking down on illegal early access to SMSF money, particularly targeting new entrants to the sector who are the main culprits. New analysis from the tax office released at the SMSF Association National Conference ...