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Showing 41 - 50 of 595 results for "Small business"

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
The potential super shake-up, which includes contentious provisions on pension payments and unrealised capital gains tax, has drawn criticism from a top AFSL. Under the existing Superannuation Industry Supervision (SIS) regulations, retirees must draw ...

Super a big national advantage: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
Addressing the Conference of Major Super Funds in Melbourne this morning, Treasurer Jim Chalmers said the superannuation system is one of the reasons he feels optimistic about the future of the economy, though remained realistic about possible challenges ...

Lending to small businesses increases: Survey

KARREN VERGARA  |  MONDAY, 20 MAR 2023
Despite soaring interest rates, the number of small business owners borrowing from banks has sharply risen in 2022, a new survey reveals. More than a third (36%) of Australian small businesses canvassed by CPA Australia are increasingly relying on external ...

CPA calls for regulatory reforms for NFPs, charities

CHLOE WALKER  |  WEDNESDAY, 1 FEB 2023
... (NFPs) in building out their capabilities. To do so, the professional accounting body has suggested incentivizing small business and NFPs to access advice, digitalising small businesses and NFPs, encouraging companies to resolves solvency issues early ...

Regional commercial real estate to run hot: REIA

CHLOE WALKER  |  TUESDAY, 6 DEC 2022
... commercial property investors, there is certainly opportunity to capitalise on these changing population trends and small business activity in regional areas, notwithstanding the current interest rate environment," REIA president Hayden Groves said. ...

Evidence of poor LRBA advice: Report

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
A second Council of Financial Regulators (CFR) report, Leverage and Risk in the Superannuation System, says there continues to be evidence of individuals receiving advice regarding the use of limited recourse borrowing arrangements (LRBAs) that could ...

More consolidation is needed, says Diverger chief

CASSANDRA BALDINI  |  WEDNESDAY, 28 SEP 2022
Diverger managing director Nathan Jacobsen believes more consolidation must happen within the financial advice industry. "I think we are one of the larger service providers and yet, by listed company standards, we're small," he explained in a recent ...

SMSFA calls for budget amendments

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... establishing an SMSF, adding a new member, or when starting a pension," it said. Next, it highlighted indexing key small business capital gains tax concession thresholds and said some of these thresholds have not been reviewed or updated for a considerable ...

CSLR establishment is critical: FPA

CHLOE WALKER  |  FRIDAY, 12 AUG 2022
... for the scheme to be funded equitably, so that the current smaller number of financial planners, many of whom are small business operators, are not left bearing the full costs. "While it was in Opposition, Labor suggested amendments which would include ...

Clear up uncertainty: AFA, FPA

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
... will be interpreted. However those additional requirements have to be delivered by planners who are by and large small business people with little ability to absorb the increased costs." The FPA's recommendations include "exempting some simple strategies ...