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Showing 781 - 790 of 9367 results for "Income"

Treasury flags $23bn in CGT benefits

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
... the capital gains discount for individuals and trusts. Around 95% of the benefit was received by people with above median income, and about 82% of the benefit was received by people in the top income decile." Treasurer Jim Chalmers added that the government ...

Chalmers defends budget deficits in MYEFO

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
Treasurer Jim Chalmers has called his government's mid-year economic fiscal outlook (MYEFO) a "responsible set of books" despite major budget deficits likely to continue for a decade. The MYEFO forecasted a budget deficit of $26.9 billion for 2024-25 ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... that "the critical challenge with cryptocurrency is how to value it." "... most assets are valued on the basis of what income they generate and given those underlying investments don't necessarily generate a great deal of income, it's very difficult ...

JBWere partners to launch fixed income funds

MATTHEW WAI  |  TUESDAY, 17 DEC 2024
JBWere is launching two active fixed income products, backed by UBS Asset Management (UBS AM), to provide wholesale clients access to domestic and global credit options amid growing demand for the asset class. The product suite, which includes the UBS ...

Betashares terminates nine funds

ANDREW MCKEAN  |  MONDAY, 16 DEC 2024
... Payments ETF (IPAY), Future of Food ETF (IEAT), Solar ETF (TANN), Metaverse ETF (MTAV), Betashares Martin Currie Equity Income Fund (managed fund) (EINC), and Betashares Martin Currie Real Income Fund (managed fund) (RINC). Investors in the funds, which ...

CapitaLand buys Wingate, expands local presence

MATTHEW WAI  |  MONDAY, 16 DEC 2024
... presence through our listed funds, private funds as well as our commercial and lodging management businesses to drive fee income growth for CLI." Under the deal, Meltzer will continue serve as a non-executive director of Wingate and a senior advisor ...

FSCP reprimands two advisers for sloppy tax advice

KARREN VERGARA  |  MONDAY, 16 DEC 2024
... However, the contract of sale for the property was signed in the 2022 financial year and the client did not have taxable income in the 2023 financial year to obtain the benefit of the tax deduction. The adviser did not explain to the client that the ...

Productivity Commission tasked with five new inquiries

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
The Productivity Commission has been tasked with five new inquiries focused on identifying ways to materially boost Australia's productivity. Treasurer Jim Chalmers said the aim of the inquiries is to lift incomes, standards of living and create more ...

Danielle Press joins Income Asset Management

JAMIE WILLIAMSON  |  THURSDAY, 12 DEC 2024
Former ASIC commissioner Danielle Press joined Income Asset Management (IAM), as the company launches a bond ETF. Press is joining the board of IAM as a non-executive director, effective today. She was most recently a commissioner at ASIC, and is currently ...

Ares launches private markets fund

ANDREW MCKEAN  |  THURSDAY, 12 DEC 2024
... underscores the growing demand for private markets across the global wealth channel. Its previously launched a Global Credit Income Fund and Diversified Credit Fund that "attracted significant interest" from wealth investors in Australia. The firm has ...