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Showing 561 - 570 of 1014 results for "Taxation"

Australia and Switzerland agree tax crackdown

MARK SMITH  |  WEDNESDAY, 4 MAR 2015
... Ambassador Marcel Stutz have agreed to increase cooperation to tackle tax evasion. Under the agreement, the Australian Taxation Office will automatically receive details of financial accounts such as investment income and balances, that Australians hold ...

Borrowing magnifies risk: David Murray

ALEX BURKE  |  MONDAY, 2 MAR 2015
... in the superannuation system." Murray also suggested that the borrowing ban was important to ensure fair and equitable taxation in super: "To the extent that you've got this superannuation fund and you're potentially well-placed in retirement, then by ...

Exchange tradeable version of Magellan Global Fund announced

MARK SMITH  |  WEDNESDAY, 25 FEB 2015
... their asset allocations, Magellan said. Magellan's executive chairman Dr Brett Cairns said: "Data from the Australian Taxation Office highlights that SMSF trustees (and retail investors alike) are too reliant on Australian equities and cash, arguably ...

Government urged to leave super taxation alone

MARK SMITH  |  THURSDAY, 19 FEB 2015
A shake-up of taxation within superannuation would undermine confidence in the country's retirement savings system, according to SMSF Association patron Sir Anthony Mason. Addressing delegates at the SMSF Association's National Conference in Melbourne ...

SMSF Association introduces new accreditation

MARK SMITH  |  THURSDAY, 19 FEB 2015
... attaining specialisation. The industry body is also bringing in a Graduate Certificate program and made its Australian Taxation Office (ATO) approved SMSF Association Trustee Education Directive available on its website. The SMSF Association has also ...

Challenger retail annuity sales up 8%, profit down

LAURA MILLAN  |  TUESDAY, 17 FEB 2015
... explained that the prior corresponding period "benefitted from a $15 million reduction in tax expenses in relation to the [Taxation of Financial Arrangements] TOFA. "Excluding the TOFA benefit, normalized net profit after tax would have increased by ...

Australia fails to attract foreign investors: FSC

LAURA MILLAN  |  MONDAY, 16 FEB 2015
A combination of out-dated regulation and taxation settings is preventing Australia from exporting managed funds and its skills in managing foreign capital, the Financial Services Council (FSC) said in its pre-budget submission. The FSC asked the government ...

SMSF sector enters next phase

LAURA MILLAN  |  MONDAY, 9 FEB 2015
... contributions for the first time. This industry tipping point was confirmed with the recent release of the Australian Taxation Office (ATO) statistical report for June 2014. The figures show that member, employer and other contributions to SMSFs reached ...

Future Fund smashes its performance target in 2014

ALEX DUNNIN  |  THURSDAY, 5 FEB 2015
... SelectingSuper Workplace default super fund index. The massive out-performance dwarfs the impact of the Future Fund's zero taxation rate and low operating costs due it stakeholder structure and instead points squarely at portfolio and investment decisions ...

FEATURE: Understanding mFund

STAFF WRITER  |  WEDNESDAY, 4 FEB 2015
... very low, especially when compared to other developed international markets. According to figures from the Australian Taxation Office (ATO), barely 5% of the $543 billion that is invested through self-managed super funds sits in managed investment schemes. ...