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Search ResultsShowing 51 - 60 of 100+ results for "July"
Sweeping tax cuts announced
ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... The government has brought forward $17.8 billion of personal tax cuts to over 11 million individuals and backdated them to July 1. The stage two tax cuts increases the low income tax offset from $455 to $700, increases the 19% tax bracket from $37,000 ...
MySuper funds face new test, member bans
KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... members until a further annual test that shows they are no longer underperforming. The measure will kick into action from 1 July 2021 with MySuper and then extend to all "trustee-directed" accumulation products outside of MySuper from 1 July 2022. "The ...
Government declares record deficit, super reforms
JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... possibilities we have enjoyed." Supporting this, about 11 million taxpayers will also benefit from a tax cut backdated to July 1 of this year in a bid to increase spending and boost economic activity. The government will bring forward its legislated ...
ANZ fined $10m
ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... also involved transaction fees charged for successful period payments (transaction fees). ANZ admitted that from around 11 July 2011, as a result of receiving communications from its external lawyers, it knew there was a risk it was not contractually ...
Fintechs receive JobMaker funding boost
KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... regulatory technology commercialisation initiative to improve compliance ($11.4m); Adoption of electronic invoicing by 1 July 2022 for all Commonwealth government agencies ($3.6m); and Improvement of digital skills to help connect workers and small and ...
Evans invites 360 Capital to board
ELIZA BAVIN  |  FRIDAY, 2 OCT 2020
... together again. We look forward to welcoming Tony to the board in due course." Pascoe only joined the Evans Dixon board in July this year after Alan Dixon stepped down . Pascoe is a former chief executive of Lendlease Ventures and chief financial officer ...
Apex expands Australian offering
ELIZA BAVIN  |  THURSDAY, 1 OCT 2020
... unveiled a new a corporate services offering for clients across Asia Pacific in April followed by Switzerland and the UAE in July. The group is now adding to its corporate solutions capabilities in Australia through the addition of local Throgmorton ...
Chief economist update: Pandemic, what pandemic?
BENJAMIN ONG  |  THURSDAY, 1 OCT 2020
... buoyancy in iron ore prices offer it extra spending power. In its Mid-Year Economic and Fiscal Outlook (MYEFO) handed down in July and incorporating the coronavirus pandemic, it maintained its assumption that iron ore prices will drop to US$55.0 per ...
Pension funds sue Allianz Global Investors
KARREN VERGARA  |  TUESDAY, 29 SEP 2020
... dollars in retirement savings. The Arkansas Teacher Retirement System (ATRS) was the first pension fund to file a complaint in July, alleging that Allianz GI failed its stewardship over the now-defunct Structured Alpha Funds portfolio. Now, the Teamster ...
Chief economist update: The W in the second wave
BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
... recovery in advanced economies. The sharp recovery in the IHS Markit Eurozone composite PMI to a level indicating expansion in July (54.9) from the record low reading of 13.6 in April gave substance to both institutions' forecasts. Summer has ended. ...
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