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Showing 41 - 50 of 975 results for %22Australian Tax Office%22

HNW wealth transfer still on the to-do list

CHLOE WALKER  |  SATURDAY, 15 JUL 2023
... LGT Crestone's latest State of Wealth report. The report, now in its fourth year, uncovered nearly two thirds of Australian high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals do not have a wealth transfer plan in place. However, the ...

Allegro unveils PwC entity as Scyne Advisory

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
Embattled PwC's Australian public sector advisory business will remerge as Scyne Advisory following its takeover from private equity firm Allegro Funds. Allegro funds confirmed the new business, which it acquired for $1, will be fully independent ...

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
... relatively small capital pool in the JPMorgan report. "The superannuation system totals $3.5 trillion, which is 150% of the Australian stock market. As a result, what we're finding across asset classes is the need for global diversification; with ...

SMSFs brace for more reforms: Expert

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... triggering a double taxation arrangement, thereby warranting further consultation," he said. New statistics from the Australian Taxation Office found that on average SMSFs earned $27,266 in income in the 2020-21 financial year. Investment Trends' ...

High value investors playing it safe: Report

CHLOE WALKER  |  TUESDAY, 20 JUN 2023
... volume, high value investors (HVIs) have shifted their appetites when it comes to financial risk, according to the ASX Australian Investor Study 2023. While the report noted an even distribution of HVI risk appetite, there has been significant movements ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... the benchmarks, international credit will now be assessed against the Bloomberg AusBond Composite 0+ Yr Index, while Australian fixed income will retain the Bloomberg AusBond Composite 0+ Yr Index. Australian and international listed infrastructure will ...

Australian Ethical selects new administrator

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
Australian Ethical has chosen GROW Technology Services as its superannuation administration provider, marking the start of a multi-year transition. In a business update, Australian Ethical explained that following its merger with Christian Super, its ...

Super gender balance gap increases

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
The superannuation gender balance gap has slightly worsened, fresh Australian Taxation Office (ATO) figures reveal, as it crawls toward 21%. During the 2021 financial year men's super balance held $189,892, while women had 21% less on average at $150,922. ...

AMP restructures wealth management, chief exits

KARREN VERGARA  |  MONDAY, 29 MAY 2023
... chief executive role of its local wealth management business redundant as it restructures to a new operating model. Australian Wealth Management (AWM) will see chief Scott Hartley exit by the end of the year. "With the recent [AMP Capital] transactions ...

Treasury hands PwC tax scandal to AFP

CASSANDRA BALDINI  |  THURSDAY, 25 MAY 2023
A formal investigation into the embattled PwC will commence following Treasury's referral to the Australian Federal Police (AFP). Australian Treasury Secretary Steven Kennedy announced the matter, in which PwC senior partners shared information ...