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Showing 41 - 50 of 6260 results for "Tax"

ASIC cancels Everest Asset Management's AFSL

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... within the financial sector. The activity also enabled syndicate members to financially benefit from the proceeds of crime and tax evasion between 2020-23. The syndicate allegedly co-mingled legal and illicit funds which enabled the transfer up to $100 ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... is a risk to the policy outlook, particularly in context of the circuit breakers arriving 1 July 2024 in the form of income tax cuts, energy rebates and other measures." The minutes also pointed to slow productivity growth, inflation expectations and ...

Centuria launches new wholesale fund

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... position in Mandurah, Western Australia's largest regional city. "It aims to provide investors with attractive monthly income, tax deferred distributions and the potential for capital growth," Centuria said. The Centuria Halls Head Central Fund will ...

Super funds to solve the housing crisis?

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
... should be able to use their own money to purchase their first home. "Where super funds and foreign fund managers are given tax concessions to participate in what's known as build to rent and then they own these properties and then they rent them ...

Liberals respond to Federal Budget

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
... to alleviate inflation. This would begin with cutting the government's planned $13.7 billion expenditure on production tax incentives for green hydrogen and processed critical minerals, which he believes should be self-sustaining. He took aim at ...

Calls for a simplified path to financial advice

ANDREW MCKEAN  |  WEDNESDAY, 15 MAY 2024
Financial Advice Association Australia (FAAA) chief executive Sarah Abood said she supports recent proposals around adviser education from the Joint Associations Working Group (JAWG) because "we need far more people with these qualifications" and the ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... expected to flow from imminent decisions in the Fair Work Commission - will help tackle gender inequity at retirement," she said. Tax cuts From 1 July 2024, all 13.6 million taxpayers will get a tax cut, which will flow through into their pay packets ...

Budget 2024: Stage 3 tax cuts to take effect July 1

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
The Stage 3 tax cuts will go ahead as planned after the Albanese government made some amendments due to the cost-of-living crisis. Coming into effect July 1, every taxpayer will benefit from a tax cut. However, those earning over $180,000 will see their ...

Budget 2024: Change to foreign investment rules

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... cultural heritage and foreign investment," Chalmers said. The government will strengthen the foreign resident capital gains tax (CGT) regime to ensure foreign residents pay their "fair share" of tax in Australia and to provide greater certainty about ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... Treasurer Jim Chalmers announced a raft of cost-of-living relief measures in the Federal Budget, including the already announced tax cuts, increasing the Medicare levy low-income thresholds and power bill relief. "This government and this Budget delivers ...