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Showing 491 - 500 of 6882 results for "Tax"

Mason Stevens rolls out super admin fee changes

MATTHEW WAI  |  WEDNESDAY, 15 JAN 2025
... regulatory obligations. "Recent guidance from the Australian Taxation Office (ATO) with respect to the treatment of reduced input tax credits (RITC) that can be claimed by platform super funds has meant the trustee has had to reassess its ability to ...

Trump's response to global conflict adds uncertainty to private markets: IFM

ANDREW MCKEAN  |  TUESDAY, 14 JAN 2025
... be considered equally important, particularly as the world assesses the impact of the incoming administration's corporate tax cuts and trade policy - such as tariffs on China. "Investors will need to consider the growth and inflationary implications ...

Grant Hackett named chief executive of Generation Development Group

ANDREW MCKEAN  |  FRIDAY, 20 DEC 2024
... on Generation Life's record $657 million in investment bond sales in FY24 and elevate its brand as the market leader in tax aware investing, intergenerational wealth, and retirement income solutions. He's also working towards executing the business's ...

Super balances drive household wealth growth

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... growth in gross disposable income, driven by an increase in income received by households and the introduction of stage 3 tax cuts, outpaced household spending. The ABS said this resulted in notable growth in transferable deposit balances particularly ...

TCorp returns 7%, AUM hits $110bn

KARREN VERGARA  |  WEDNESDAY, 18 DEC 2024
... Meanwhile, Queensland's investment manager QIC reported total assets of $111.7 billion in FY24. QIC earned an operating pre-tax profit of $125 million and returns $252.5 million to the Queensland government.

Treasury flags $23bn in CGT benefits

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
Treasury has released its most recent Tax Expenditures and Insights Statement, which shows the government is bracing for a spike in Australians claiming investment tax breaks. The statement flagged those claiming capital gains tax (CGT) breaks in the ...

Chalmers defends budget deficits in MYEFO

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
... budget's deep structural deficit have been laid bare." Lee said the government needs to focus on significant economic and tax reform to stabilise Australia's fiscal position. "Australia's structural budget deficit is the result of years of successive ...

Perpetual takeover 'not in the best interests of shareholders'

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... interests of shareholders. An independent expert informed the wealth manager that the risk and magnitude of increased potential tax liabilities, if the transaction were to be implemented, mean that it wouldn't be able to form an opinion that the proposed ...

FSCP reprimands two advisers for sloppy tax advice

KARREN VERGARA  |  MONDAY, 16 DEC 2024
... Credit Panel (FSCP) reprimanded two financial advisers who each failed to provide a thorough assessment of their clients' tax liabilities. The first financial adviser, identified as only "Mr. C", was reprimanded for recommending a client make a superannuation ...

Iress reinstates dividends

ELIZA BAVIN  |  FRIDAY, 13 DEC 2024
... base, refocus on core businesses, and manage non-strategic businesses for value. Iress posted a statutory net profit after tax (NPAT) of $17.3 million for 1H24 compared to a $139.8 million loss in the prior corresponding period.