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Showing 731 - 740 of 6144 results for "Money"

Ad hoc changes to super scare self-funded retirees: ASA

CHLOE WALKER  |  MONDAY, 24 APR 2023
... inflation will not provide certainty to people when arranging their tax and financial affairs. "Inflation and the time value of money is a crucial determinant for the successful planning of a long-term investment such as superannuation," it said. "It ...

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... formula, which includes unrealised gains in the year's earnings, would result in Australians being required to keep their money invested in what might be a higher tax environment than is optimal, she said, adding that they may also lose the many ...

ATO keeping tabs on SMSF early access, tax avoidance

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... increasing number of trustees taking advantage of their direct access to their SMSF bank account and they are using this money to pay for items such as business debts and personal expenses," he said. Illegal early access occurs in two ways. The first ...

Modern slavery on the rise a decade on from Rana Plaza

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023
... "significant gap" between wages for many workers in the apparel sector in Bangladesh and the living wage - the amount of money people need to survive. "The pandemic has impacted vulnerable workers who were further exposed," she said. "Safety is one piece ...

Search funds beat VC, private equity returns

CASSANDRA BALDINI  |  THURSDAY, 20 APR 2023
... average failure rate for a search fund is less than 20%, he says, adding that in such cases investors typically see their money returned; globally, only four search funds have failed and burned investor capital. "On a risk-adjusted basis, search funds ...

Apple dives deeper into financial services

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... get even more value out of their favourite Apple Card benefit - Daily Cash - while providing them with an easy way to save money every day," said Apple Pay and Apple Wallet vice president Jennifer Bailey. The company added, once a savings account is ...

Brighter Super forges ahead with SFT

KARREN VERGARA  |  MONDAY, 17 APR 2023
... acquired in April 2022. The group is forecasting to manage $60 billion in assets over the next few years. Brighter Super won Money magazine's Best of the Best Award in 2023 for Best-value MySuper product. The group unveiled a new board line-up of 15 ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... push to transform retirement savings into retirement income. "We've got to move from a system that's about saving money to ensuring that we provide the retirement income that people need," Jones said. "I don't think anyone can argue that ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... upgrades from higher commodity prices," he said. "Also, trimming spending where we think that we can get better value for money elsewhere. We did that in the October budget, and we'll be doing it again in May." When pushed further, Chalmers reinforced ...

Super fund selection driven by fees: SCA

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
... is that there's strong consumer demand for super funds to actively demonstrate they're looking after people's money." "We agree that poorly performing products should be disqualified from the system, and commend the Federal Government for ...