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Showing 61 - 70 of 967 results for "ATO"

Perpetual receives fresh KKR bid

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... in relation to the transaction and would keep the market informed in-line with its continuous disclosure obligations. The ATO commissioner refused to give Perpetual a guarantee that it wouldn't face additional taxes and also suggested that extra ...

Foreign investors banned from buying homes

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... increase housing supply or support to availability of housing supply. "We will also bolster the Australian Taxation Office's (ATO) foreign investment compliance team to enforce the ban and enhance screening of foreign investment proposals relating ...

Australians don't trust politicians with their super: FSC

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
... result of the deliberate decision not to index the $3 million threshold," Briggs said. Analysis of Australian Taxation Office (ATO) data commissioned by the FSC last year found that more than 500,000 current taxpayers - many under the age of 30 - would ...

FAAA 'frustrated' as Dixon inquiry delayed

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025
... cost of, professional financial advice. These included funding the professional year and financial adviser exam, enabling ATO portal access, enhancing tax deductibility of advice, lowering the ASIC levy, making the CSLR equitable and sustainable, and ...

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
While the official word will come from the Australian Taxation Office (ATO) in March, the December 2024 inflation figures released by the Australian Bureau of Statistics (ABS) yesterday confirmed the indexation of the cap. Currently $1.9 million, from ...

Victorian SMSF auditor fails to overturn disqualification

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
... under the SIS Act, the Superannuation Industry (Supervision) Regulations 1994. In late 2022, the Australian Taxation Office (ATO) selected three audits compiled by Islam for three different super funds and had expressed concerns. The ATO referred the ...

WA best performing state, but economic growth lags

MATTHEW WAI  |  TUESDAY, 28 JAN 2025
Western Australia snatched the title of the country's best performing economy in the September quarter, ranking first in five of the eight economic indicators assessed in the CommSec State of States report. The state claimed the top spot twice over ...

Mason Stevens rolls out super admin fee changes

MATTHEW WAI  |  WEDNESDAY, 15 JAN 2025
... increased operational costs incurred from meeting regulatory obligations. "Recent guidance from the Australian Taxation Office (ATO) with respect to the treatment of reduced input tax credits (RITC) that can be claimed by platform super funds has meant ...

New tool will streamline regulation: Chalmers

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... implementation of reforms. The RIG houses a forward program of key initiatives from agencies including ASIC, APRA, ACCC, RBA, ATO, AUSTRAC and ASFA. "It will particularly support smaller financial sector businesses navigate upcoming changes to the regulatory ...

Government bolsters funding for payday super reforms

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... entitlements at the same time as wages. Advocacy groups say this reform would drastically curb unpaid super. According to ATO data, there were more than 500,000 cases of underpayment and over 200,000 cases of non-payment of super in the 2021-22 financial ...