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Showing 51 - 60 of 6259 results for "Tax"

FAAA calls for 'fairness' ahead of Budget

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... seeking a fairer implementation of the ASIS levy and better management of costs for the CSLR, the FAAA is also seeking enhanced tax deductibility of financial advice, enabling advisers access to the ATO portal, more support for financial adviser education ...

Advisers should leverage US tech blueprint: SIAA panel

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... US market. The first is that portfolios are getting much more personal. From a product perspective, technology has unlocked tax-efficient personalisation for managed accounts at scale, including things like direct indexing, and these products are growing ...

ClearView closes ClearChoice Super Rollover, launches trauma options

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... nominated complying superannuation fund. If you do not nominate a superannuation fund, we may transfer the money to the Australian Tax Office in accordance with relevant legislation," the insurance firm told consumers. ClearChoice Super Rollover is a ...

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... shareholders," he said. However, he added that uncertainties regarding transaction costs, separation expenses, and capital gains tax make it difficult to determine if the deal is accretive to Morningstar's intrinsic assessment. KKR offered $2.2 billion ...

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... ownership rates but would only make housing affordability worse while eroding retirement savings and leaving all Australians a tax bill. "It's economically reckless. It sets a policy trap for young Australians because it hikes house prices and blows ...

Advisers must unite for major reforms: SIAA

KARREN VERGARA  |  THURSDAY, 9 MAY 2024
... advice. Tranche one, which includes the legal basis in which the payment of advice fees from superannuation and associated tax consequences, underscores the government's push for super funds to complement advisers in the work that they do. "If we ...

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... "Today's decision aligns with our expectations, with inflation forecasts adjusted upwards, likely considering upcoming tax cuts and budgetary changes. "We do not see this as hawkish. As we have said before, the RBA seeks better balance of risks between ...

ATO introduces trust taxation changes

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
The Australian Taxation Office (ATO) has announced income tax reporting changes under the Modernisation of Trust Administration Systems (MTAS) that will come into effect on July 1. For beneficiaries of a trust, there will be a new trust income schedule ...

Stockspot plots entry into superannuation space

JAMIE WILLIAMSON  |  TUESDAY, 7 MAY 2024
... outperformance at least 99% of similar funds. With its product, Stockspot said prospective members can "enjoy the transparency and tax efficiency of owning a personalised portfolio of ETFs within your super without the complexity of creating an SMSF." ...

HESTA names chief financial officer

ELIZABETH FRY  |  TUESDAY, 7 MAY 2024
... quit to take up a wider operational role at rival Aware Super. As chief financial officer, she will manage the financial, tax and accounting processes, legal and compliance, tax and project execution. This is her first chief financial officer position. ...