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Showing 21 - 30 of 124 results for "Tax reform"

Chief economist update: A pretty portrait of an emerging market

BENJAMIN ONG  |  MONDAY, 11 FEB 2019
... peso's depreciation compounded the inflationary pressure brought on by rising oil prices (at the time), the TRAIN (Tax Reform for Acceleration and Inclusion) law that took effect on 1 January 2018. Together they erode disposable income. The Fed's ...

Asia Funds Passport takes flight

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
The Financial Services Council is calling for an overhaul of the tax system to secure the future of the Asia Region Funds Passport, which began operation on Friday. The Asia Region Funds Passport (ARFP) allows certain Australian managed funds to be ...

Chief economist update: Policy normalisation interrupted

BENJAMIN ONG  |  TUESDAY, 22 JAN 2019
... months of wines and roses. That time, it was "Tax cut Trump". As per the IMF's January 2018 report, "...the US tax reform and associated fiscal stimulus are expected to temporarily raise US growth, with favorable demand spillovers for US trading ...

And so this is Christmas, another year (almost) over

BENJAMIN ONG  |  MONDAY, 10 DEC 2018
... the synchronised upswing in global growth and rising corporate profits. The latter, which should get some help from tax reform, expected to be a more influential driver than multiple expansion. The gradual Fed tightening cycle also expected to remain ...

Global investment firm to restructure

HARRISON WORLEY  |  FRIDAY, 4 MAY 2018
... shareholders," they said. KKR's decision to restructure will allow the firm to take advantage of the recently passed Republican tax reform bill which permanently cut the corporate tax rate to 21%. The timing of KKR's announcement coincides with discussion ...

Asset managers gearing for growth in 2018

KARREN VERGARA  |  MONDAY, 19 MAR 2018
The asset management and wider wealth management industries are confident about growth prospects in 2018 but remain realistic about responding to intense fee pressures, a PwC global survey shows. The majority (87%) of the 126 asset and wealth management ...

Shuttering dividend cash loophole to hit SMSFs

KARREN VERGARA  |  TUESDAY, 13 MAR 2018
The Labor Government is proposing to eliminate cash refunds received from excess dividend imputation credits - a "generous" tax loophole that's mostly benefiting self-managed super funds. Shadow treasurer Chris Bowen said this "unfair revenue leakage" ...

Chief economist update: The risks just got real

BENJAMIN ONG  |  MONDAY, 5 MAR 2018
... demand, especially in investment, with a noticeable impact on growth in economies with large exports. In addition, the US tax reform and associated fiscal stimulus are expected to temporarily raise US growth, with favourable demand spillovers for US ...

Credit Suisse under investigation

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2018
Credit Suisse is being questioned over its hiring practices in Asia Pacific. Credit Suisse disclosed it is "responding to requests" from governmental and regulatory authorities in regards to potential violations of the US' Foreign Corrupt Practices ...

Record high returns elusive in 2018: Economist

KARREN VERGARA  |  THURSDAY, 8 FEB 2018
... Russia, which is in any kind of recession," Baur said. The US will likely experience 3% to 3.5% growth boosted by the tax reform package passed in December. Economic sentiment in Europe is high; business sentiment surveys indicate 3.5% global growth ...