Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 7521 - 7530 of 28273 results for "NOT"

New requirements for SMSFs

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... preparing SPFS. "Most SMSF trust deeds refer to the financial statements being prepared in accordance with the super laws and do not refer to the AAS so this should not become an issue for the majority of SMSFs," the taxation office said. "The AASB have ...

HSBC hit with $2.3bn suit over Disney investments

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUN 2020
... made it clear that it intends to pursue members for payment of tax, penalties and dry tax and interest. As yet the matter is not resolved." The firm described the tax bills investors could be facing after the HMRC investigation as "life changing". Now ...

ATO doubles down on fraud crackdown

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... doing the wrong thing, they should tell us about it by completing a tip-off form online." The ATO also made it clear it will not tolerate illegal behaviour or development of schemes that are designed to deliberately exploit the stimulus measures, seek ...

Super funds face fresh data requirements

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
The prudential regulator will request additional data from the country's super funds, in a bid to understand the full impact of the COVID-19 pandemic on the industry. The COVID-19 Pandemic Data Collection (PDC) will enable the regulator to conduct an ...

Dividend yield set to dial down to zero

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
... the basis that dividend yields will be close to zero over the coming period. "There are some companies whose earnings have not been badly impacted, if not enhanced, by COVID-19 and they will be in a position to maintain or even enhance dividends. This ...

Chief economist update: Japan on the mend but BOJ, Abe not taking any chances

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2020
... wave - in Beijing, in Victoria and even New Zealand - could force the government to declare a state of emergency part deux. Not to mention, despite the improvement in Japan's purchasing managers' surveys, both the services and manufacturing PMI ...

Managed accounts demand rises: Zenith

ELIZA BAVIN  |  TUESDAY, 23 JUN 2020
... uncertainty and volatility in investment markets sparked by the COVID-19 pandemic. Zenith chief executive David Wright said it was not unexpected that advice firms were proactive in seeking additional investment, research and client communication support ...

First Nations Foundation gets COVID-19 funding

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
The First Nations Foundation, an Indigenous-led not-for-profit that promotes financial literacy, has received funding to deliver COVID-19 support to women. The foundation was one of only four recipients of this funding from the Department of Prime Minister ...

Administrators appointed to IPO Wealth

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
... fund. In an end of financial year update, Mayfair 101 chief executive James Mawhinney said the last couple of months "have not been without challenges" but thanked those offering support. He offered a special thank you to the person who suggested Mayfair ...

ISA responds to calls for SG freeze

JAMIE WILLIAMSON  |  MONDAY, 22 JUN 2020
... ISA says would see a couple on average wages lose between $150,000 to $200,000 in retirement. "These MPs are out of touch not only with the community but also with their leadership who have said time and time again that they support the staged increases ...