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Showing 571 - 580 of 6836 results for "Tax"

Super for housing will cause rents to soar: SMC

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
New research from the Super Members Council (SMC) has revealed using superannuation for house deposits could, over time, increase rental prices. SMC said the Coalition's plan to use super for house deposits is projected to cause a 9% spike in the ...

Positives remain at Perpetual, says Morningstar

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2024
... market is currently underappreciating these points, he said. Still, he said the expectation is that underlying net profit after tax will increase by very low single digits over the next four years while Perpetual's cost/income ratio remains flat ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... Generation Development Group also noted that it's continued investment in its investment bonds range, expanding the number of tax optimised options from 21 to 27, and adding its first fixed interest option. "These funds have an average effective tax ...

Insignia Financial flags more remediation ahead

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... for legacy quality of advice" issues. In a quarterly update, Insignia Financial confirmed it is adding $135 million after tax to its remediation bill for FY24. Of this, close to $60 million relates to "completed assessments for self-employed advisers ...

OnePath Custodians fined $11m for MySuper failures

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... potential breaches of their obligations." In response, Insignia Financial said it has made a provision of $23 million after tax, including for the penalty amount and remediation purposes.

Consultation opens on tax practitioners' registration

KARREN VERGARA  |  MONDAY, 22 JUL 2024
Treasury has opened consultation on reforming the registration framework for tax practitioners, reviewing the key areas of education, qualification, and experience requirements. The consultation is part of the government's response to the PwC tax ...

Government urged to overhaul gift tax system

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... recommendation is to overhaul the Deductible Gift Recipient (DGR) system, which determines the charities that are eligible to receive tax-deductible donations. "The system that determines which charities can receive tax-deductible donations has grown ...

ASIC permanently bans Queensland adviser

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
... authorised under Fortress Wealth Partners and My Money Co, both linked to AFSL Holdings Australia. He was a member of the Tax Practitioners Board and only held a Diploma of Financial Planning. Abdalla has the right to appeal to the Administrative Appeals ...

Aware Super closes fixed interest fund

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
... Fund, Australian Equities Fund, and International Equities Fund. In addition to the fund closure, Aware super updated its tax parcelling methods with only one option now available. Aware super said previously the fund has three methods of tax parcelling ...

Funds SA, Mercer Super make key appointments

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024
The $43 billion public sector fund has welcomed a former central bank deputy governor to its board, while Mercer Super has a new chair. Guy Debelle has joined the fund for South Australian government employees, bringing a tremendous depth of experience ...