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Showing 491 - 500 of 2183 results for "Financial Year"

ASIC revokes Centurion subsidiary licence, suspends fund manager

ANDREW MCKEAN  |  WEDNESDAY, 24 MAY 2023
ASIC has cancelled the AFSL of Centurion Custodian Funds Management and suspended Huntley Management for non-compliance. The AFS licence of Centurion Custodian Funds Management, a subsidiary of Centurion, has been cancelled effective from January 18. ...

Qantas Super appoints deputy investment chief

ELIZABETH FRY  |  FRIDAY, 12 MAY 2023
... chief said Qantas Super's growth option was one of only three funds to achieve a positive return for the 2022 financial year.

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... businesses continue to rise and it is a high priority to minimise the impact of the levy being unfrozen from the current financial year. A great way to make financial advice more affordable for consumers, is to reduce the business costs involved in the ...

Federal budget 2023: Winners and losers

TOM WATSON  |  TUESDAY, 9 MAY 2023
... same. Businesses writing off assets: The small business instant-asset write off has been extended for the 2023-24 financial year, allowing small businesses with an annual turnover of less than $10 million to immediately deduct certain assets worth less ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... enforcement activity against greenwashing in the sustainable investing sector, pledging $4.3 million for the 2023-24 financial year. Product providers pledging to invest sustainably by excluding specific industries or companies but don't deliver ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
... taxonomy. Jones pointed to Treasury's announcement that it will provide an additional $4.3 million in the next financial year to assist ASIC to continue its existing focus on greenwashing. "Sustainable business strategy has to start in boardrooms ...

HUB24 to buy myprosperity

CASSANDRA BALDINI  |  WEDNESDAY, 3 MAY 2023
... and performance hurdles being met progressively over the next three years. Expected transaction costs for this financial year are $400,000, HUB24 said. HUB24 further explained that the software specialist will retain its "entrepreneurial culture" whilst ...

MA Financial acquires US credit manager

CHLOE WALKER  |  TUESDAY, 2 MAY 2023
... co-investing with MA Financial since early 2021. MA Financial said the purchase is expected to be earnings neutral in this financial year. It added that the deal complements its existing Global Credit Solutions platform which accounts for more than half ...

ATO keeping tabs on SMSF early access, tax avoidance

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... their first ever annual return. "Over 21% or around 5,400 of the 26,000 new funds that registered during the 2021 financial year have not lodged. There are also 36% of new funds that registered during the 2022 year that have not met their end of February ...

Adviser complaints rise, super complaints decrease

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
... corporate insolvency statistics show that 145 financial services and insurance companies went bust in the 2022 financial year. Under capitalisation, poor business management, fraud, trading losses, inadequate cashflow or overspending, and poor financial ...