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Showing 21 - 30 of 107 results for "Peter Burgess"

Payday super on track, but so is the $3m super tax

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... million, in a move the SMSF Association (SMSFA) slammed as an "ill-conceived initiative". SMSFA chief executive Peter Burgess said the government has ignored valid industry concerns. "As a revenue item, tonight's Budget was the last opportunity for ...

Unlawful hawking practices re-emerge in SMSFs

MATTHEW WAI  |  TUESDAY, 11 MAR 2025
SMSF Association (SMSFA) chief executive Peter Burgess has called out recent hawking practices that prompt people to transfer their retirement savings into a self-managed super fund (SMSF). Burgess said the sector needs to be on alert about the resurgence ...

SMSF Association names annual award winners

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
... achieving the highest examination score for the SMSF Specialist Auditor accreditation program. SMSFA chief executive Peter Burgess said its members are highly regarded across the industry, and all award winners were "richly deserved". "Those members ...

Gen X remains the largest cohort in SMSF establishments: Class

MATTHEW WAI  |  WEDNESDAY, 19 FEB 2025
... important role in bolstering SMSF returns and helping trustees to avoid investment mistakes," SMSFA chief executive Peter Burgess noted of the findings. EDITOR'S NOTE: The original version of this article stated incorrect figures on the establishment ...

SMSFs outperform APRA funds over five years: Research

MATTHEW WAI  |  WEDNESDAY, 12 FEB 2025
... funds that reported materially higher investment returns in 2022-23," Mihaylov continued. SMSFA chief executive Peter Burgess said the data displays the "aspirational benefits" of the sector and highlights the important role professional advice play ...

One more vote needed for $3m super tax

MATTHEW WAI  |  THURSDAY, 6 FEB 2025
... to the passing of Div 296," Ali said. A similar argument was recently raised by SMSF Association chief executive Peter Burgess, who believes the bill has been pushed due to the missing vote. "We think this is a sure sign the government knows they don't ...

Chalmers' claims on super tax are 'misleading': SMSFA

MATTHEW WAI  |  FRIDAY, 24 JAN 2025
... misleading, accusing the Treasurer of making several ambiguous statements in defence of the tax. SMSFA chief executive Peter Burgess said the extensive consultation Chalmers has claimed happened was not genuine engagement but a procedural formality. ...

SMSFs surpass $1tn milestone

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... average assets per SMSF sits at $1.55 million while the median is about $877,500. SMSF Association chief executive Peter Burgess said while the figures are estimates, they underscore the confidence Australians place in SMSFs. He believes it is a powerful ...

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... expected to come into effect 1 July 2025, could be shelved until after the next federal election. SMSFA chief executive Peter Burgess said the proposed tax is "deeply flawed" and would come with many unintended consequences. "It appears the government ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
... we are urging them to listen to the concerns raised by a growing number of constituents," SMSFA chief executive Peter Burgess said. Burgess said the tax will be more problematic than simply affecting SMSFs. "The combination of taxing unrealised capital ...