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Showing 31 - 40 of 2799 results for "Scheme"

Third person pleads guilty in Courtenay House Ponzi scheme

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... director of the Courtenay House companies Tony Iervasi has also pleaded guilty to charges linked to operating the Ponzi scheme. The sentencing hearing for Iervasi will take place on April 22 and April 24 in the Supreme Court of NSW. Following his guilty ...

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
The financial advice industry will be forced to pay $18.5 million to fund the Compensation Scheme of Last Resort's (CSLR) first year of operation, drawing outrage from the sector. The government released its estimates for the first and second phase ...

Treasury releases draft legislation for new $3m super tax

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
Treasury has released the draft regulations for the superannuation concessions changes set to come into effect FY 2025/26. Stakeholders have been encouraged to submit responses to the draft regulations before 26 April 2024. The bill imposes a tax rate ...

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
... ensure that superannuation is paid on PPL from July 1 this year. Earlier this month, the government announced that the PPL scheme will include superannuation guarantee contributions from next year, but only if it wins the next federal election in 2025. ...

WAM Leaders, QV Equities to merge

ANDREW MCKEAN  |  TUESDAY, 12 MAR 2024
... million. WAM Leaders' chair and chief investment officer Geoff Wilson said the board of directors is confident that the Scheme of Arrangement will deliver benefits to shareholders by creating a larger capital and shareholder base. "This expansion will ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... already-inflated property market - pushing up the major capital city median price by an estimated 9%. SMC modelling found the scheme would fuel demand in capital cities and led to price increases that would quickly exceeded the $50,000 first homeowners ...

New campaign pushes for reproductive leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
Calls for a paid reproductive leave scheme are mounting, as Queensland Unions launches a campaign pushing for new entitlements including preventative health leave. It comes as the Senate investigates issues related to menopause and perimenopause. The ...

InvestSMART launches investing platform

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
... partners can concentrate on what they are good at without the time and cost of setting up their own managed investment scheme, administration and maintenance," a statement said. InvestSMART chair Paul Clitheroe said the launch of InvestSMART's white ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... overwhelmingly welcomed the federal government's commitment to pay superannuation on the Commonwealth Paid Parental Leave scheme. The Albanese government has said, if it wins the next election, it will add superannuation contributions of 12% to parental ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
If it wins the next election, the Albanese government has announced the Commonwealth Paid Parental Leave (PPL) scheme will include Superannuation Guarantee contributions from next year. In a major win for the super industry and Australian women, 12% ...