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Showing 61 - 70 of 22698 results for "Funds"

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... The minimum tax will also not apply to other types of trusts. This includes widely held trusts, complying superannuation funds, special disability trusts, deceased estates and charitable trusts. Exemptions also apply to primary production income, certain ...

Budget doubles down on housing supply with $2bn infrastructure push

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... aimed to deliver one million new homes over five years from 2024. The Accord brought together governments, superannuation funds and the construction sector, with the Commonwealth committing an initial $350 million to support 10,000 affordable homes ...

Government to commit $3.7bn to strengthen aged care access

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... who also announced the removal of the increased rebate for those over 65 for private health insurance to redirect those funds into aged care. Meanwhile, the Budget will also provision $1.1 billion for future spending to increase and restructure the accommodation ...

Chalmers overhauls negative gearing, CGT discount

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... superannuation tax arrangements." The exemption of superannuation was met with resounding relief. The Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty said this is a win for 19 million Australians with a super account ...

TelstraSuper-Aware Super merger complete

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
... Successor Fund Transfer (SFT) to create a superannuation fund with approximately 1.3 million members and over $235 billion in funds under management. The two funds first announced plans to explore a merger in July last year, signed a Heads of Agreement ...

Rest faces scrutiny over alleged super reporting error

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... any concerns seriously and address them fairly and promptly," the fund said. An ATO spokesperson said APRA-regulated super funds are expected to treat member reporting data as a "core regulatory obligation", including maintaining strong internal governance ...

ASFA expands technical implementation service

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The Association of Superannuation Funds of Australia (ASFA) is expanding its technical implementation service across all ASFA members, regardless of their membership status. From July, access to ASFA InPractice's (AIP) co-design working groups will ...

GQG reports nearly US$10 outflows, keeps FUM stable

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... Morningstar equity analyst Shaun Ler said GQG's profits were much better than expected, benefiting from the compounding of its funds under management (FUM). "Revenue exceeded forecasts as fee margins declined slower. Cost growth was much lower than our ...

Super funds welcome UK's Supers Unit to push investments

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
... has welcomed the creation of a dedicated Supers Unit by the UK government, which will prove as a point of contact to help funds identify and progress investment opportunities in the UK. This follows a commitment by both governments on an investment partnership ...

legalsuper announces C-suite changes

VINNY VUCAGO  |  MONDAY, 11 MAY 2026
... officer, strengthening its senior leadership team. legalsuper chair Kirsten Mander said Gogorosis has played a key role in the funds operational and financial progress since joining in late 2023, positioning him well to lead the organisation during the ...