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Showing 501 - 510 of 6880 results for "Tax"

Perpetual-KKR deal hits tax bill snag

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
The Australian Taxation Office (ATO) is threatening to impose a massive tax bill on KKR's takeover of Perpetual's wealth management and corporate trust businesses, which has ballooned to more than $500 million. Perpetual said it has "strong ...

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
... bank's target range of 2-3%. To combat higher mortgage rates, data from illion found Australians have been using the Stage 3 tax cuts to reduce debts without increasing their discretionary spending - suggesting inflation could remain "sustainably" within ...

Superannuation tax shakeup proposed by Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 9 DEC 2024
A discussion paper commissioned by the Actuaries Institute has proposed a three-pronged tax reform package aimed at making the superannuation system less complex, more equitable, and sustainable. The professional body argued that the complexity of taxes ...

Treasury reappoints 24 members to FSCP

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
The Albanese government has reappointed 24 members to the Financial Services and Credit Panel (FSCP) for a three-year period beginning 1 January 2025. The candidates bring with them a range of knowledge and experience across the fields of business ...

Millions of Aussies want episodic advice: Research

MATTHEW WAI  |  FRIDAY, 6 DEC 2024
... where support is most needed include retirement financial security (30%), developing investment strategies (30%), managing tax planning (27%), and home buying (25%), the report noted. Of those open to seeking financial advice, over half prefer 'one-off ...

Permanent disablement claims for mental health explodes

ANDREW MCKEAN  |  THURSDAY, 5 DEC 2024
Total and permanent disability (TPD) claims because of mental health for Australians aged 30 to 40 increased by 732% over the past decade, according to a new report by KPMG, commissioned by the Council of Australian Life Insurers (CALI). Although the ...

2025 economic outlook 'threatening': AMP

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... especially given the ambiguity of some of his proposed policies. "Bond yields could continue to rise on the back of Trump's tax cut and tariff policies, placing pressure on shares," Oliver said. "A global trade war in response to Trump's threatened tariffs ...

Centrepoint Alliance launches long-awaited IconiQ platform

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... shares, ETFs, and term deposits. The platform provides flexible account structures as well as comprehensive portfolio and tax reporting. In addition, Centrepoint has launched the IconiQ SMA, a registered managed investment scheme. This will enable Centrepoint ...

Dividends to be down in FY25: Equity Trustees

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
Equity Trustees Asset Management's head of asset management Darren Thompson has warned that ASX200 FY25 market earnings and dividends are expected to be flat or down compared to FY24. He added that high yielding, major resource companies - such as BHP ...

$3m super tax faces axe, pushed to 2025

MATTHEW WAI  |  MONDAY, 2 DEC 2024
The failure of the government to pass its proposed $3 million superannuation tax last week may well see the measure abandoned. The Division 296 tax could be shelved until after the next federal election, missing out on the opportunity to pass during ...