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Showing 51 - 60 of 20513 results for "Ben"

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
Discretionary trusts have been slapped with a 30% minimum tax amid a slew of "fairer tax arrangements" reforms in the 2026-27 Budget to address intergenerational inequity. From 1 July 2028, Treasurer Jim Chalmers proposes to introduce the new tax that ...

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
Treasurer Jim Chalmers has affirmed the highly anticipated overhauls to the capital gains tax (CGT) discount and negative gearing in a bid to "level the playing field for first home buyers." The 50% CGT discount will be replaced with inflation-adjusted ...

TelstraSuper-Aware Super merger complete

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
TelstraSuper and Aware Super have successfully completed their merger, less than a year after they began to explore the proposal. About 85,000 TelstraSuper members have now joined Aware Super via a Successor Fund Transfer (SFT) to create a superannuation ...

ASX Advisory Group gives update on corporate governance revision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The Advisory Group on Corporate Governance (AGCG) for the ASX has met for the third time, providing an update on the revision of the ASX's corporate governance principles, which were last updated in 2019. The AGCG said its priority was to complete the ...

ASFA expands technical implementation service

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The Association of Superannuation Funds of Australia (ASFA) is expanding its technical implementation service across all ASFA members, regardless of their membership status. From July, access to ASFA InPractice's (AIP) co-design working groups will ...

Senate report backs removal 30-hour work threshold for SG

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
A Senate Economics Legislation Committee report released this week expressed in principle support for paying super on every dollar earned, including removing the existing 30 hour per week threshold that currently applies to under 18 workers. Under current ...

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 ...

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 ...