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Showing 781 - 790 of 4001 results for "Cut"

ATO extends WFH deductions

ALLY SELBY  |  MONDAY, 13 JUL 2020
... arrangements, which he said, would make it easier for Australians to claim tax deductions for working from home. "The short cut deduction method is making it easier for many Australians who are continuing to work from home due to COVID-19 when it comes ...

State Street cuts fees on flagship equities funds

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
State Street is dropping the fees on its flagship actively-managed equities funds by 9 to 13 bps for Australian investors effective July 1. The State Street Australian Equity Fundwill go from charging 79bps per year in management costs to 70bps. It ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
... every week throughout August 2020." "The rate of VAT applied on most tourism and hospitality-related activities will also be cut from 20% to 5%." "...we're introducing a temporary increase to the Nil Rate Band of Residential SDLT (Stamp Duty) from ...

Powerwrap to merge with Praemium

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
Praemium this morning advanced a $55.6 million bid to acquire Powerwrap in an off-market conditional takeover priced at about 26.55 cents per share. The two parties have entered a bid implementation agreement dated July 9. The bid has been unanimously ...

Experts battle for GST reform

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... cost the government $35 billion. "While the states traditionally receive the GST revenue, in this instance the bill for the cut should be paid by the federal government," he said. "It's the federal government that is responsible for managing the national ...

Advice head leaves ANZ

ELIZABETH MCARTHUR  |  MONDAY, 6 JUL 2020
... memories that I will take away. I have also made lifelong friendships along the way." In March 2020 ANZ told staff it would cut 230 jobs from its private bank and financial advice businesses. Caulfield thanked everyone he had worked with and said he ...

QSuper culls comprehensive advice

KANIKA SOOD  |  FRIDAY, 3 JUL 2020
The $110 billion industry fund will stop offering comprehensive advice to new customers on July 6 and cut over 50 positions, as it sees demand for holistic advice fall. QSuper chief executive Michael Pennisi said the decision is based on several years ...

COVID-19 stimulus continues

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... Meanwhile, the unincorporated tax discount increased from 8% to 13% to ensure that sole traders benefit from the corporate tax cut. The government's stimulus payments will continue for eligible concession card holders too. Two separate $750 payments ...

AMP should stop whining: Slater and Gordon

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... a very useful thing: he has revealed the true agenda of corporate Australia. He wants litigation funding for class actions cut off so AMP can go back to doing whatever they want without fear of getting sued." AMP is currently facing a class action from ...

Chant West, Zenith agree on acquisition

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
... sales price. Chant West Holdings has 70 staff across offices in both Sydney and Melbourne. "We don't have any pressure to cut costs, it's more about the cross-selling opportunity...Since Five V [which is a majority owner in Zenith], we have actually ...