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Showing 4911 - 4920 of 9317 results for "Red"

Government finds $2.9 billion from super tax

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
The realm of superannuation taxation has shifted with Federal Treasurer Scott Morrison announcing new measures that will deliver a net revenue boost of $2.9 billion over the next four years. After superannuation representative groups welcomed no new ...

Super objective paves way for taxation changes

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
The Federal Government has made several budget announcements around its reaffirmation of enshrining the objective of superannuation in law, including taxing the earnings of Transition to Retirement Income Streams. A joint statement from Treasurer Scott ...

What the budget means for you

MARK SMITH  |  TUESDAY, 3 MAY 2016
The first budget of the Turnbull government will impact financial services companies operating right across the Australian wealth creation value chain from the largest institutions right down to smallest independent advice firms. Treasurer Scott Morrison's ...

Budget big picture

ALEX DUNNIN  |  TUESDAY, 3 MAY 2016
A budget deficit of $40 billion on its way down to just $6 billion in four years masks a massive 29% increase in tax revenue over the forward estimates, pointing to why Treasurer Scott Morrison has had to go after high-end superannuants and multi-nationals. ...

Ten-year enterprise tax plan to benefit SMEs

KERRIE SYDEE  |  TUESDAY, 3 MAY 2016
Financial advisers and superannuation industry service providers are likely to be the main beneficiaries of company tax cuts in the 2016/17 Budget. From 1 July 2016 the small business tax rate will be lowered to 27.5% and the turnover threshold for ...

ANZ retains FUM during major wealth restructure

ALEX BURKE  |  TUESDAY, 3 MAY 2016
ANZ has announced its 1H2016 results, revealing it has kept ANZ Wealth funds under management stable amidst a major multi-divisional restructure that has so far cost the bank $138 million. On average, funds under management throughout the first half ...

VanEck global infrastructure ETF goes live

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
VanEck has provided further details around its launch of Australia's first global infrastructure ETF on the Australian Securities Exchange today. The VanEck Vectors FTSE Global Infrastructure (Hedged) ETF tracks the FTSE Developed Core Infrastructure ...

Westpac net profit up 3pc

KERRIE SYDEE  |  MONDAY, 2 MAY 2016
Westpac has announced first half 2016 statutory net profit of $3,701 million, up 3% from the prior corresponding period. Commenting on the profit boost, Wesptac chief executive Brian Hartzer said: "The consumer bank delivered strong home loan and deposit ...

May sell may go away

BENJAMIN ONG  |  MONDAY, 2 MAY 2016
Uh-oh! Don't know if you noticed but most equity markets around the world finished in the red heading into and up to the end of April. The raison d'Aatre, the source of angst, the trigger for the sell orders all pointed to the disappointment over the ...

Sunsuper offering pension bonuses

DARREN SNYDER  |  FRIDAY, 29 APR 2016
Sunsuper is following an initiative to offer member bonuses for transitioning retirement savings to an income account as part of a wider retaining strategy. The $34 billion fund's new pension product will include a bonus of up to $2,400 for eligible ...