Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 551 - 560 of 1566 results for "Offset"

Increased APRA levies provide regulator with more power

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... insurance policyholders and superannuation fund members by responding to new financial system activities and products, to be offset by a $26.8 million increase in APRA Financial Institutions Supervisory Levies over the next four years including amortisation. ...

Government debt on its way to $606bn

ALEX DUNNIN  |  TUESDAY, 9 MAY 2017
Treasurer Scott Morrison's expansionary second budget, bankrolled by government receipts rising more than 6% per annum compared to expenditure rising by 4% per annum, sets Australia on the road towards a surplus by 2020 but one supported by record Commonwealth ...

Strong quarter for CBA

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... compared to the previous corresponding period. AUM and FUA growth reflected stronger market investments, but was partially offset by exchange rate movements. CBA did not detail the performance of its insurance arm, but noted insurance income was affected ...

Terrible tax policies of the last 25 years

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... Fringe Benefits Tax on employer-provided motor vehicles - Abbott/Hockey, 2013 The introduction of the Senior Australians Tax Offset - Howard/Costello, 2001 The abandonment of the indexation of excise on petroleum products - Howard/Costello, 2001 The ...

Macquarie boosts AUM, earnings flat

KARREN VERGARA  |  FRIDAY, 5 MAY 2017
... and investment assets in December. "Increased platform commissions from higher funds on the Wrap and Vision platforms was offset by lower advice fees from lower adviser headcount," the company said. Head of wealth product and technology for Macquarie ...

Victorian DB liabilities hit $44bn

ALEX DUNNIN  |  WEDNESDAY, 3 MAY 2017
Victoria's state budget is projecting a 13% reduction in its superannuation liabilities fueled by a positive revaluation of investment expectations and a slight fall in its defined benefit obligations. Victoria's total defined benefit superannuation ...

Investors paying more for less: Research

ALEX BURKE  |  TUESDAY, 2 MAY 2017
... rates falling since LCP's first survey of this kind in 2011. These fee reductions, Gibson said, "[have] not been enough to offset the income-boosting benefit of investment market growth." The report illustrated this idea further by demonstrating how ...

Government reform to close super gender gap

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2017
... slated for 1 July aims to do just this. "Key measures that will benefit women include the low-income superannuation tax offset, which will directly help boost the retirement savings of 1.9 million women, and extending the eligibility for the spouse tax ...

Let me down gently

BENJAMIN ONG  |  TUESDAY, 11 APR 2017
The Reserve Bank of Australia (RBA) and the Australian Prudential Regulation Authority (APRA) must be breathing a sigh of relief at the latest housing finance figures indicating a slowdown in the country's property market. The bubbling Australian property ...

Instreet launches VC fund

KARREN VERGARA  |  TUESDAY, 14 MAR 2017
... Agenda, which aims to support entrepreneurship," Instreet managing director George Lucas said. Investors may receive a tax offset of up to 20% of their investment in the current financial year. Capital gains tax may not be payable on distributions when ...