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Showing 721 - 730 of 6884 results for "Tax"

AMP upgrades North investment platform

ANDREW MCKEAN  |  THURSDAY, 14 MAR 2024
AMP's North wrap platform has introduced a feature that enables financial advisers to select investments by entering a client's target portfolio weightings. The investment switch functionality is designed to better align with how advisers construct ...

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
The federal government is launching an initiative to provide transparency and better coordination in how it regulates financial services firms to alleviate their compliance costs and burdens. The Financial Sector Initiatives Regulatory Grid wants to ...

Centuria raises $50m for new fund

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... opportunities," Huljich said. The fund manager recently launched the Centuria NZ Value-Add Fund No. 2, targeting 13% per annum in pre-tax returns. The fund is set to acquire 43 College Hill located in Auckland to refurbish and convert it to a premium ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... Commonwealth Seniors Health Card status." In making these recommendations, the taskforce rejected the concept of a specific tax or levy to fund aged care, as has been previously suggested. Both Royal Commissioners Richard Tracey and Lynelle Briggs recommended ...

WAM Leaders, QV Equities to merge

ANDREW MCKEAN  |  TUESDAY, 12 MAR 2024
... result in a single investment company with a market capitalisation of $2 billion and 30,000 shareholders. WAM Leaders' pre-tax net tangible assets are expected to increase by $238.8 million. WAM Leaders' chair and chief investment officer Geoff Wilson ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
The Super Members Council (SMC) has slammed a proposal by Shadow Minister for Housing Michael Sukkar to allow Australians to access their superannuation to buy their first home. The Shadow Minister said the Coalition was determined to help younger Australians ...

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... according to Morningstar, and is designed for experienced investors who want the potential for long-term capital growth and tax effective income, diversification across Australian companies and industries. The fund primarily invests in a geared portfolio ...

Unmet financial advice needs affect millions in Australia

ANDREW MCKEAN  |  FRIDAY, 8 MAR 2024
... needs. "These findings further highlight the necessity to address the cost barrier, three in four unadvised with needs state tax-deductible advice fees would be a likely incentive to seek advice - increasing to 85% among potential adviser clients," Guiamatsia ...

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
... effective ways women can help curb financial stress in the future. Contributing to super from the age of 30 at an additional pre-tax $25 every week, for example, will result in an additional balance at retirement of $50,000. "That would completely offset ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... did flag there's still more that can and should be done. ASFA, Super Members Council and HESTA said the Low-Income Super Tax Offset (LISTO) should be updated to reflect current tax and super settings. "Firstly, that they increase the maximum income ...