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Showing 51 - 60 of 2813 results for "Division"

Division 296 bill tabled, suggested reforms fall on 'deaf ears'

MATTHEW WAI  |  THURSDAY, 12 FEB 2026
... unforeseen circumstances, a member's superannuation balance significantly declines during the income year," he said. "For Division 296 purposes, their tax liability will be calculated on their balance at the start of the income year meaning they could ...

Macquarie sees 'substantially' higher profits

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
... of its divestment of the North American and European public investments business to Nomura. In the investment banking division, Macquarie Capital, net profit was also substantially up on the prior corresponding period. This was driven by higher investment-related ...

Government to ask super funds to invest in defence infrastructure

JAMIE WILLIAMSON  |  FRIDAY, 6 FEB 2026
The federal government has endorsed a recommendation that the Department of Defence establish a dedicated division to deal with private investors to drive the delivery of infrastructure projects. The recommendation was made as part of a review of the ...

MLC ramps up corporate super push

ELIZABETH FRY  |  THURSDAY, 5 FEB 2026
... pioneering spirit." MLC's parent Insignia Financial appointed Woodall to lead the superannuation and Master Trust division about 18 months ago. He joined joining Australian Retirement Trust where he served as chief commercial officer.

Chartered accountants should be allowed to provide advice: CA ANZ

MATTHEW WAI  |  MONDAY, 2 FEB 2026
... noted that the retirement sector, specifically in superannuation, has been changing rapidly, with measures such as the Division 296 super tax coming into force soon. Although recent changes to the super tax were welcomed by the group, CA ANZ remains ...

Transfer balance cap to rise to $2.1m

JAMIE WILLIAMSON  |  FRIDAY, 30 JAN 2026
... Australian Taxation Office to confirm all changes in March. "It will be interesting to see if the government will apply to the Division 296 $3 million and $10 million caps. It would be tidy if they did so, but I don't expect it," he concluded. Outlining ...

EQT promotes three Australian staffers

ELIZABETH FRY  |  THURSDAY, 29 JAN 2026
Swedish private equity group EQT has promoted three of its Australian staffers, elevating a partner in its capital raising team and two managing directors within its private capital and infrastructure teams. First, Martin Donnelly joined EQT's client ...

Perpetual hit by $7.8bn net outflows in Q2

ELIZA BAVIN  |  THURSDAY, 29 JAN 2026
... administration (FUA) grew to $1.31 trillion as of 31 December 2025, up 2.1% on the September quarter. The debt market services division was up 2.8% on the previous quarter to $733.6 billion FUA, the managed fund services division was up 1% to $580.5 ...

Improvised super tax poses unfair, inequitable outcomes: Industry

MATTHEW WAI  |  TUESDAY, 20 JAN 2026
... expenses, SMSFA said. In response, the SMSFA is advising the government that impacted individuals should be excluded from Division 296 altogether, or an adjustment be made to their total super balance (TSB) to reflect the amount of insurance proceeds ...

State Street boosts digital asset access with new platform

MATTHEW WAI  |  FRIDAY, 16 JAN 2026
... supports its clients in navigating the rapidly evolving digital asset sector, while leveraging capabilities from its bank division and State Street Investment Management. Commenting, State Street president of investment services Joerg Ambrosius said ...