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Showing 61 - 70 of 141 results for "GST"

Cryptocurrency interest underwhelming: Poll

KARREN VERGARA  |  MONDAY, 13 NOV 2017
... on any profits must be paid upon disposal; carrying on a business using bitcoins as a barter of exchange will be subject to GST. Michael Dunworth, chief executive of Silicon Valley-based blockchain outfit Wyre encouraged financial advisers to consider ...

ANZ launches LIF resource

KARREN VERGARA  |  FRIDAY, 3 NOV 2017
... insurers pay commissions on life insurance products; level commissions for example, will change from 32% to 30% (inclusive of GST). ANZ Wealth head of life insurance Gerard Kerr said: "We know our advisers have many questions about the changes the LIF ...

India's upside risks

BENJAMIN ONG  |  TUESDAY, 10 OCT 2017
... rates at its 2 August monetary policy committee (MPC) meeting. Not surprisingly, the RBI admitted that the introduction of the GST in July have had a negative impact on economic activity particularly, in the manufacturing sector. "This may further delay ...

Another Budget, another promised surplus

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2017
... result of policy decisions including increasing the Medicare levy, introducing a major bank levy, improving the integrity of GST on property transactions and introducing a Skilling Australians Fund levy" - and increased spending mainly on infrastructure ...

What the 2017 Budget means for you

DARREN SNYDER  |  TUESDAY, 9 MAY 2017
... industry, continuing it innovation agenda from 2016. Purchases of digital currency, for example, will no longer be subject to the GST, which removes the "double taxation" on said purchases. There are also provisions for newer entrants into the banking ...

Government fintech agenda spotlights microbanking

ALEX BURKE  |  TUESDAY, 9 MAY 2017
... concessions for the Australian fintech industry. Purchases of digital currency, for example, will no longer be subject to the GST, which removes the "double taxation" on said purchases. Crowdsourced equity funding (CSEF) will also receive a boost, providing ...

Government debt on its way to $606bn

ALEX DUNNIN  |  TUESDAY, 9 MAY 2017
... tax receipts, the $17 billion increase in annual company tax receipts, the $13 billion in cumulative Future Fund earnings, GST annual revenue growing $10 billion and the $4 billion increase in annual superannuation fund taxes. This will be supplemented ...

India looking good in Trump's world

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2017
... that despite initial teething problems, India's economy is adjusting well to demonetisation ahead of the introduction of the GST slated for later this year. "It has caused investors some short-term pain. But we expect a long-term gain as demonetisation ...

Budgets with more super tinkering are possible

DARREN SNYDER  |  MONDAY, 26 SEP 2016
... can't attack the welfare system or raise income taxes, Evans said the biggest cost to the Budget that may be looked at is the GST. "If you were to widen the GST to cover food, education, health and finance, in one year you would raise another $18 billion. ...

ATO on phoenix watch

DARREN SNYDER  |  MONDAY, 1 AUG 2016
... multi-agency Phoenix Taskforce and formed part of an investigation in to unpaid superannuation, employee withholding tax, GST, and income tax. ATO deputy commissioner Michael Cranston said the firm response forms part of the ongoing joint agency investigations ...

Editor's Choice

Super funds race to implement digital advice

VINNY VUCAGO
Australian superannuation funds are increasingly turning to digital advice tools to bridge the longstanding gap between members needs and access to affordable financial guidance, according to executives at wealth technology Bravura Solutions.

Musk's $106bn fundamental-defying IPO lands on Nasdaq

RIDDHIMA TALWANI
SpaceX has raised US$75 billion ($106.8bn) in the biggest-ever stock market debut, valuing Elon Musk's rocket and satellite company at US$1.77 trillion.

Quinbrook appoints Australian lead

VINNY VUCAGO
Energy transition infrastructure investor Quinbrook has appointed Tim Horneman as region leader for Australia, formalising his responsibility for the firm's local investment activities and business operations.

Former ASFA COO joins housing fund manager

MATTHEW WAI
The former chief operating officer of the Association of Superannuation Funds of Australia (ASFA) has joined C1 Capital Group as chief investment and operating officer.

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