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

Search Results

Showing 21 - 30 of 5150 results for "REST"

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
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 ...

Government plans 'standardised' assessment for NDIS

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
The government is taking the next steps to restore the National Disability Insurance Scheme (NDIS) to its original intent by delivering quality services, clarifying eligibility requirements, slow rapid cost increases and address fraud. The changes are ...

Government to commit $3.7bn to strengthen aged care access

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The government will invest $3.7 billion to increase the supply of residential aged care accommodation, accelerate the release of Support at Home packages and enhance the quality and affordability of aged care services. In a direct response to the Residential ...

Chalmers chooses 'hard road of reform' in Budget

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers has unveiled the Federal Budget, delivering a deficit for 2026/27 of $31.5 billion, as the government prioritises reform over relief. The 2025/26 deficit came in at $28.3 billion, a far cry from the $36.8 billion that had been ...

Chalmers overhauls negative gearing, CGT discount

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers has affirmed the highly anticipated overhauls to the capital gains tax (CGT) discount and negative gearing in a bid to "level the playing field for first home buyers." The 50% CGT discount will be replaced with inflation-adjusted ...

Rest faces scrutiny over alleged super reporting error

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Rest has come under scrutiny following claims it incorrectly reported superannuation contributions to the Australian Taxation Office for an individual who was never a member of the fund. The issue was raised publicly by financial planner Matt Marsh ...

Senate report backs removal 30-hour work threshold for SG

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... only entitled to compulsory Superannuation Guarantee contributions if they work more than 30 hours a week for an employer. Rest general manager of public policy and advocacy Enrico Burgio said the bipartisan support marked a significant turning point ...

Super funds welcome UK's Supers Unit to push investments

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
... Australian super funds and investors, including IFM Investors, AustralianSuper, Australian Retirement Trust, Aware Super and Rest have offices in London and have steadily grown their presence in the UK over time. Aware Super chief investment officer ...

Takeovers Panel denies Atlas Arteria interim order request

KARREN VERGARA  |  MONDAY, 11 MAY 2026
Takeovers Panel said it rejected Atlas Arteria's request to impose an interim order against IFM Investors despatching its bidder's statement in its current form, despite the global toll roads business saying the two-tiered pricing structure ...

Rest strengthens data and tax leadership with new hires

VINNY VUCAGO  |  FRIDAY, 8 MAY 2026
Rest Super has named two new hires to lead its data and tax functions, as the fund continues to focus on operational simplification, governance and member growth. Irina Chinenova has joined the fund as general manager of data and insights, overseeing ...