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Showing 491 - 500 of 959 results for "ATO"

Former adviser faces fraud charges

HARRISON WORLEY | MONDAY, 28 MAY 2018

... February 2016. Civil proceedings were commenced by the regulator against Jayaweera and Growth Plus in October 2016, after the ATO wound up the business over unpaid debts in March the same year. The proceedings sought to find Growth Plus contravened the ...

Amnesty granted to employers with unpaid SG

KANIKA SOOD | THURSDAY, 24 MAY 2018

... penalties, to the tune of 50% on top of the SG charge they owe. The amnesty period also won't stop Australian Taxation Office (ATO) from going after employers for the historical obligations they don't own up to voluntarily, in line with its usual ...

NSW Treasury appoints productivity commissioner

DARREN SNYDER | MONDAY, 14 MAY 2018

A former ATO deputy commissioner and the current chair of Sydney Financial Forum has been appointed a top role at New South Wales Treasury. Joining the NSW Government as its first productivity commissioner is Peter Achterstraat. His mandate is to "bust ...

Link Group loses $15bn industry fund mandate

ALEX BURKE | THURSDAY, 10 MAY 2018

... respectively - in March. Discussing changes in the Budget - specifically, the transfer of low-balance inactive super accounts to the ATO - Link said this may have a "material impact on the number of members administered" by the group. Link said it could ...

Government to ban default life insurance in super

ALEX BURKE | TUESDAY, 8 MAY 2018

... charged by funds on balances below $6000, and ban exit fees on all super accounts. "The Government will also strengthen the ATO-led consolidation regime by requiring the transfer of all inactive superannuation accounts where the balances are below $6000 ...

What the associations want from Budget 2018

KANIKA SOOD | TUESDAY, 8 MAY 2018

... wills the government to reconsider member benefit protection as a solution to small account balance erosion, and that the ATO commits to a holistic program of superannuation administration. The remaining demands remain largely the same: it wants the ...

ASIC deregisters 117 SMSF auditors

KANIKA SOOD | WEDNESDAY, 2 MAY 2018

... immediate family member had prepared the financial statements. Tattersall was referred to ASIC by the Australian Taxation Office (ATO) which is a co-regulator for SMSFs. So far this year, ASIC has taken action against at least four other SMSF auditors. ...

SMSFs ramp up LRBA and property allocations

KARREN VERGARA | TUESDAY, 1 MAY 2018

Latest ATO figures show self-managed super funds' interest in limited recourse borrowing arrangements (LRBA) and residential property assets have skyrocketed in the last five years. December 2017 quarterly data shows the sector held $31.4 billion in ...

Government to increase SMSF member limit

KARREN VERGARA | MONDAY, 30 APR 2018

... compliance costs, expedite the rollover process and further improve the integrity of the super system," she said. "I have asked the ATO to work with industry on the design and implementation of this important reform, which is expected to commence late ...

WA Super awards admin mandate

KARREN VERGARA | THURSDAY, 19 APR 2018

... Sydney-based SuperChoice invested $25 million to build its cloud-based platform capabilities, embedding new functionalities to meet ATO requirements such as Single Touch Payroll (STP). SuperChoice chief executive Stuart Korchinski said the digital investment ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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Blake Briggs

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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