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Showing 31 - 40 of 73 results for "stamp duty"

APN Property launches direct regional fund

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
... office buildings which the firm has managed for about 15 years. APN said investors will also forego the need to pay stamp duty or asset acquisition costs because the fund already exists. For typical direct property investments however, this is not the ...

Australia ticks boxes for ultra-high-net-worth individuals

KARREN VERGARA  |  MONDAY, 12 MAR 2018
... Australia is US$1.2 million. In a bid to ease foreign investment in Australia, the New South Wales government raised the stamp duty surcharge from 4% to 8% for foreign buyers, and increased its annual land surcharge from 0.75% to 2% in July 2017. In ...

Stamp duty axing treated with caution

EMMA RAPAPORT  |  FRIDAY, 2 JUN 2017
The NSW Government decision to abolish all stamp duty for first homebuyers on existing and new homes up to $650,000, and stamp duty discounts up to $800,000, is being met with caution from a financial adviser. Announced by Premier Gladys Berejiklian ...

Life insurance industry rebuts need for greater reform

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2017
... bring older insurance portfolios in line with contemporary products for the benefit of the customer; and the removal of stamp duty on insurance to improve affordability for customers. Loane concluded her appearance by taking the opportunity to reaffirm ...

Life insurance reforms to be re-introduced

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2016
... "financial security in times of need." Prior to lapsing, the amended regulation allowed for the provisional inclusion of stamp duty in commissions for death benefits while the industry upgrades its IT systems, outlined the phasing down of commissions ...

ASFA recognises super challenge for PC

DARREN SNYDER  |  WEDNESDAY, 1 JUN 2016
... affect the headline claims loss ratio; and if fund memberships are skewed towards certain states then differences in stamp duty between jurisdictions will affect the claims loss ratio. "If this were to be used as a measure, some of the variables within ...

Commissions survive as life remuneration bill flatlines

ALEX BURKE  |  TUESDAY, 19 APR 2016
... reforms. In March, he said: "Labor would like to see the regulations which will accompany this Bill either exclude stamp duty and government taxes from the calculation of commissions, or to set out a timetable to achieving this outcome which would be ...

Government releases draft life insurance regulations

ALEX BURKE  |  FRIDAY, 8 APR 2016
... (Life Insurance Remuneration Arrangements) Regulation 2016 bill. The amended regulation allows temporary inclusion of stamp duty in commissions for death benefits while the industry updates its "information technology systems," and also highlights circumstances ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 8 APR 2016
... rate since July 2014. Purchases by "buy-to-let" investors and buyers of second homes ahead of April's increase in the stamp duty were reportedly behind last month's surge in home prices. Home buying and therefore, price gains, are expected to ease this ...

Labor wants stronger LIF rules

ALEX BURKE  |  FRIDAY, 4 MAR 2016
... change their life insurance policy after two years." He also said that the Bill should have retained the exclusion of stamp duty and government taxes from the "calculation of permitted commissions payable to advisers" which was present in the exposure ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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