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Showing 691 - 700 of 35809 results for "Mark"

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The government will provide the market watchdog $10.3 million in the next financial year to enhance its ability to utilise data in its supervision of managed investment schemes. It comes as the government is providing $17.8 million over four years from ...

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" ...

Government plans 'standardised' assessment for NDIS

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
... devastating impact on the lives of participants and their families," the budget read. Last month, Minister for health and ageing Mark Butler said NDIS is "one of Australia's great human rights achievements" and was created with goodwill, it has strayed ...

Government to commit $3.7bn to strengthen aged care access

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... Dementia Support program from 11 to 20 locations nationally. This was previously flagged by minister for health and ageing Mark Butler's speech at the National Press Club last month, who also announced the removal of the increased rebate for those over ...

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 ...

ASX Advisory Group gives update on corporate governance revision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... The group also welcomed seven new members in the beginning of the year, including AustralianSuper chief investment officer Mark Delaney, former APRA executive Helen Rowell, and TelstraSuper's Dominique d'Avrincourt, along with governance professionals ...

ASX not in a rush to pick next chief executive: Chair

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
ASX chair David Clarke said the market operator does not want to rush the appointment of its next chief executive. Speaking at the Australian Shareholders' Association 2026 Investor Conference in Melbourne last week, Clarke said succession planning ...

Calls for CGT, negative gearing reforms 'unanimous': Mulino

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Assistant treasurer and minister for financial services Daniel Mulino said changes to capital gains tax (CGT) and negative gearing - which are expected to be outlined in tonight's Federal Budget' - came about after "unanimous calls" for reform ...

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 ...