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Showing 451 - 460 of 5737 results for "Small"

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024
... to Vanguard's annual profit for the whole of its business in FY19, in circumstances where the fund was a relatively small part of Vanguard's overall business (less than 1% in terms of income and FUM). Commenting further on his decision, he said ...

Boutique investment manager hits the market

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
... since its launch in May 2023, outperforming its benchmark by 11.68%; and the Emerging Australian Wealth Creators Fund, a small and mid-cap strategy which has gained 8.94% since its launch in February, beating the market by 5.27%. These funds are anchored ...

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... 'traditional' first-home buyer age cohort of 25-34 years, because their accumulated superannuation savings are typically too small for withdrawing even the stipulated maximum of 40% to make a material difference to their prospects for attaining ...

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
... caps, or be exempt, depending on the situation, but trustees can mitigate excess contributions consequences by "titrating small amounts of the reserve each year," the statement said. "The result of these settings is that large unallocated reserves end ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... be limited to MySuper offerings that have passed the most recent performance test, Treasury said. Finally, the ATO's Small Business Superannuation Clearing House will be retired from 1 July 2026. Treasury said it is working on the draft legislation ...

Hanson backs Dixon Advisory inquiry

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
... profession, and we want to thank Senator Hanson for her support in seeking transparency and for backing Australia's small financial advice businesses in proposing this inquiry today." "We hope the inquiry will answer important questions about the ...

Growth of SMSFs, Div 296 opportunity for advisers

MATTHEW WAI  |  WEDNESDAY, 18 SEP 2024
... "find It difficult to meet additional tax obligations on these illiquid assets." Tim Steele, chief executive at Class, said small business owners and farmers could be the biggest losers under Division 296. "Our research shows the proposed tax could significantly ...

Remara launches real estate strategy

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
Remara Investment Management has launched a real estate fund that invests in the development of small and large-scale projects. The Remara Opportunistic Development Fund is an open-ended managed fund that seeks opportunities in the residential, industrial ...

Lost super bill sits at $18bn: ATO

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... belongs to women. As for unclaimed super currently held by the ATO, this totals $5.98 billion. The bulk of this is made up of small or insoluble member accounts, inactive low balance accounts, and amounts owed to former temporary residents. Again, the ...

Federal Reserve rate cuts beckon

ANDREW MCKEAN  |  MONDAY, 16 SEP 2024
The US Federal Reserve is widely tipped to fire the starting gun on its first rate cutting cycle in years; here's what top economists see unfolding. AMP deputy chief economist Diana Mousina said some people believe the Fed is behind the curve and that ...