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Showing 591 - 600 of 20507 results for "Asset"

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The government will provide the market watchdog $10.3 million in the next financial year to enhance its ability to utilise data in its supervision of managed investment schemes. It comes as the government is providing $17.8 million over four years from ...

Government pushes for investment risk taking

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
... as well as unlock patient capital for young and expanding firms. It said it will permanently extend the $20,000 instant asset write-off from July 2026 for small businesses with turnover of up to $10 million. These businesses will be able to immediately ...

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... total business income of $489 billion. While there are legitimate reasons to use trusts, such as succession planning and asset protection, Chalmers reasoned that such arrangements "provide opportunities to pay a lower rate of tax that are not available ...

Budget doubles down on housing supply with $2bn infrastructure push

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers unveiled a new $2 billion Local Infrastructure Fund aimed at accelerating housing delivery and easing development delays. The fund will support local governments and state utilities providers in delivering essential "last mile" ...

Chalmers overhauls negative gearing, CGT discount

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... restore the taxation of real gains. This takes back the CGT discount to the pre-1999 framework where the cost base of an asset is adjusted for inflation. The new rules will apply from 1 July 2027. The 50% CGT discount for individuals, trusts and partnerships ...

GQG reports nearly US$10 outflows, keeps FUM stable

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
GQG Partners has stemmed a substantial US$9.9 billion in outflows offset by stellar investment performance to end April with US$166.9 billion in total assets. Year-to-date figures show the fund manager offsetting nearly US$10 billion in client money ...

Super funds welcome UK's Supers Unit to push investments

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
The Australian superannuation industry has welcomed the creation of a dedicated Supers Unit by the UK government, which will prove as a point of contact to help funds identify and progress investment opportunities in the UK. This follows a commitment ...

Another private equity manager joins bidding war for oOh!media

RIDDHIMA TALWANI  |  MONDAY, 11 MAY 2026
oOh!media has received another unsolicited takeover bid, this time from I Squared Capital (ISQ) valuing the media firm at around $765 million, topping the previous bid from Pacific Equity Partners (PEP) which valued the firm at $747 million. The board ...

Perpetual to wind up fixed income fund

KARREN VERGARA  |  MONDAY, 11 MAY 2026
Perpetual's Dynamic Fixed Income Fund will shutter next month as it failed to reach the required scale to operate in a cost-efficient manner. The fund's investment manager Perpetual Investment Management told investors in a note that after careful ...

GSFM launches two global private markets funds

MATTHEW WAI  |  MONDAY, 11 MAY 2026
... institutional and wholesale investors,launching of two new funds in conjunction with its Canadian affiliation. GSFM, with CI Global Asset Management (CI GAM) as investment manager of the underlying funds, has launched the CI Global Private Markets Growth ...