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Showing 31 - 40 of 13443 results for "PROP"

Treasury opens consult on TPB sanctions framework

ELIZA BAVIN  |  TUESDAY, 4 AUG 2026
Treasury is seeking feedback on draft regulations and a draft determination to support a stronger sanctions framework for the Tax Practitioners Board (TPB). The draft regulations would require the TPB to publish information about sanctions on the public ...

Prime Super, Aware Super explore potential merger

MATTHEW WAI  |  TUESDAY, 4 AUG 2026
The superannuation funds have signed a non-binding memorandum of understanding (MoU) for a potential successor fund transfer (SFT) to create an approximately $254 billion fund with more than 1.4 million members. Aware Super and Prime Super are undertaking ...

Chiodo in ASIC's crosshairs again

KARREN VERGARA  |  TUESDAY, 4 AUG 2026
ASIC is taking further action on Paul Chiodo, this time for spruiking another property investment that raised $1.54 million from five SMSF investors. ASIC is seeking orders from the Federal Court to restrain Royce Capital Investments Royce (Australia) ...

Centuria Office REIT posts 379% jump in profit

RIDDHIMA TALWANI  |  TUESDAY, 4 AUG 2026
Centuria Office REIT (ASX:COF) has reported a profit of $55.2 million in the 2026 financial year, a 379% jump from the $19.8 million loss reported in the previous year. While funds from operations fell from 11.8 to 11.2 cents per unit compared to last ...

FAAA calls for rethink on trust tax overhaul

VINNY VUCAGO  |  TUESDAY, 4 AUG 2026
The Financial Advice Association (FAAA) has urged the federal government to reconsider its proposed minimum tax on discretionary trusts, warning the reforms could impose significant costs on small businesses, financial advisers and lower income Australians ...

Nesta pulls $247m mandate from Northern Trust over climate stance

VINNY VUCAGO  |  FRIDAY, 31 JUL 2026
UK research and innovation foundation Nesta Trust has transferred £120 million ($247 million) of assets from Northern Trust Asset Management to Amundi after the US manager withdrew from major global climate initiatives, highlighting the growing commercial ...

Dexus adds $700m Brisbane tower sale to divestment drive

VINNY VUCAGO  |  THURSDAY, 30 JUL 2026
Dexus has continued its asset sell-down program agreeing to divest Brisbane office tower 480 Queen Street for a gross sale price of $700 million just after surpassing its $2 billion divestment target ahead of schedule. The property, jointly owned by ...

ASIC simplifies compliance with beneficial ownership reforms

RIDDHIMA TALWANI  |  THURSDAY, 30 JUL 2026
ASIC has simplified compliance with its beneficial ownership reforms that will improve transparency about who ultimately owns, controls or has significant economic exposure to listed entities in Australia. From December 4, entities listed on Australian ...

FSC calls for tougher oversight of advice licensees

VINNY VUCAGO  |  THURSDAY, 30 JUL 2026
The Financial Services Council ( FSC ) has called for a significant overhaul of ASIC's supervisions of financial advice licensees, arguing stronger regulatory oversight is needed to better protect consumers following recent industry failures. In a white ...

ATO issues guidance on new LRBA rules for SMSFs

KARREN VERGARA  |  WEDNESDAY, 29 JUL 2026
The Australian Taxation Office (ATO) released new guidance for SMSFs affected by the looming limited recourse borrowing arrangement (LRBA) changes for residential property, with the SMSF Association (SMSFA) saying it provides important clarity for trustees ...