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Showing 21 - 30 of 171 results for %22Property Funds Association%22

Draft regulation on YFYS released

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
... omission that was panned by many participants. The government has also added Australian unlisted infrastructure and unlisted property as specific asset classes in the performance tests. "This will improve the accuracy of the performance test; strengthen ...

Super for house deposits will push up prices: ASFA

KANIKA SOOD  |  MONDAY, 15 MAR 2021
Allowing Australians to use their superannuation savings to buy property will push up house prices and worsen affordability for low-income earners, says ASFA. Liberal member of parliament Tim Wilson is currently campaigning to let Australians use their ...

SMSFs given small LRBA win

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... taxed as non-arm's length income either. About 10% of SMSFs have LRBAs, the majority of which use the debt to acquire property. "We had previously highlighted an inconsistency between the requirements that must be satisfied under Division 7A of the ITAA ...

Aware Super joins forces with Dutch pension fund

ALLY SELBY  |  THURSDAY, 17 SEP 2020
... this significant deal possible including the teams of City ID, APG, Aware Super and the advisors," it said. Aware Super property portfolio manager Alek Misec said City ID and APG have established a unique and innovative operational platform, poised for ...

Superannuation critical to economic recovery

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... super to address housing affordability. ASFA chief executive Martin Fahy said the proposal would inflate the price of a property by $50,000 and eat into the retirement savings of young Australians. "The proposal from Master Builders does nothing to address ...

Industry-made retirement models are self-serving: SCA

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... "Existing models overestimate what most middle-income retirees will need, and fail to model scenarios for people who rent a property or are still paying off their mortgage, a category of people likely to increase in coming generations," SCA said. "At ...

Former AMP, Synchron adviser charged

HARRISON WORLEY  |  FRIDAY, 21 FEB 2020
... own lifestyle. Townsville's Anthony Vivian Dick has been charged with 11 counts of dishonestly applying to his own use property belonging to another. ASIC alleges Dick accessed and transferred around $1.1 million from the superannuation, pension and ...

Costs spiral for baby boomers

ALLY SELBY  |  TUESDAY, 18 FEB 2020
... home ownership costs have risen over the past year, with maintenance costs up 2.7%, water and sewerage charges up 2.9%, property rates up 2.5%, and fuel up 2.9%. Meanwhile, rent only rose 0.2% on average over the year. Not all state capitals suffered ...

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... encouraging them to review their investment strategy where they had a high exposure to a single asset class, especially geared property," he said. "We have encouraged the ATO to be clear in its communication to ensure that all trustees are not frightened ...

Recognition for industry leader in fight against slavery

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... it is essential that super trustees have arrangements in place to identify slavery risks in managed funds, equities, property, private equity and infrastructure investments held. "The passage of the Modern Slavery Act is an important reminder of the ...