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Showing 661 - 670 of 736 results for "Amendment"

ATO warns on super loans

WWW.THESHEET.COM  |  MONDAY, 7 APR 2008
... for use in retirement. Super fund trustees have been free to borrow to acquire assets since last September, when an amendment to the SIS Act removed long-standing restrictions on borrowing. The main beneficiaries of this change are expected to be trustees ...

Regulators fight breaches online

RUTH LIEW  |  WEDNESDAY, 12 MAR 2008
... institutions." This initiative follows the passage through Parliament, in late 2007, of the Financial Sector Legislation Amendment (Simplifying Regulation and Review) Act 2007. The Act introduces a consistent definition of reportable breaches across ...

Govt exempts terminally ill from super lump sum tax

MICHAEL HOBBS  |  WEDNESDAY, 12 SEP 2007
The Federal Government has announced it will allow those with a terminal illness who want access to their superannuation under the age of 60 to gain tax exemptions. "The Government has decided to change this area of tax legislation because we believe ...

ING boosts life payments

CHRIS NICHOLLS  |  THURSDAY, 28 JUN 2007
ING has increased life insurance benefits for employers and staff who have cover through their super, including a market-first rise in maximum TPD benefits and unlimited death benefits. The upgrade, to be introduced due to the new super changes on July ...

China's growth unsustainable: Australian Economic Review

CHRIS NICHOLLS  |  MONDAY, 16 APR 2007
China's joint current account and capital account surpluses mean the current pace of economic growth is unsustainable in the long run, according to a study published in the Australian Economic Review. The report's author, Professor Yu Yongding, director-general ...

New Jersey Govt spends teachers' future fund

CHRIS NICHOLLS  |  TUESDAY, 10 APR 2007
The New Jersey Teachers' Pension and Annuity Fund seemed in dire trouble last week as it was revealed funds destined for retirement funding had been diverted to cover more immediate expenditure, in a theme echoing some of the recent debate around Australia's ...

Govt sweetens tax on property trusts

HAMISH MADDEN  |  WEDNESDAY, 4 APR 2007
The Minister for Revenue and Assistant Treasurer Peter Dutton has announced changes to the tax treatment of property trusts, designed to enhance their international competitiveness. Dutton said the Federal Government would be amending tax laws pertaining ...

Govt proposes shorter PDS

CHRIS NICHOLLS  |  WEDNESDAY, 28 MAR 2007
The Federal Government has released draft regulations from the Corporations and Financial Services Regulation Review showcasing a simplified corporate and financial services regulatory system, potentially resulting in abbreviated product disclosure ...

Daily economic round-up

PETER BELL  |  WEDNESDAY, 28 MAR 2007
... would be better directed towards small firms and that there needs to be a changing of the thresholds for tax offsets, an amendment of the base for the 175 per cent incremental concession and that a narrower definition of R&D be developed. The report ...

Smart 401(k) plan design boosts their take-up

ALEX DUNNIN  |  TUESDAY, 14 NOV 2006
... characteristics also influence the decision to get involved, said the ICI. The funds got their name from a special legislative amendment to section 401(k) of the Internal Revenue Service regulations that came in effect on 10 November 1981. The ICI said ...