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Showing 61 - 70 of 4518 results for "Limit"

Warren Buffet honours Charlie Munger in Berkshire shareholder letter

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
Warren Buffet praised his former right-hand man, Charlie Munger, as the "architect" of Berkshire Hathaway in its latest shareholder letter. In his tribute, Buffet acknowledged Munger for guiding him to acquire wonderful businesses at fair prices rather ...

Proposed super tax requires perspective: Expert

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
Members must look beyond the "doom and gloom" of the superannuation tax leaping from 15% to 30% and not be scared off from using SMSFs as an alternative retirement savings vehicle, according to an expert. Presenting at the SMSF Association National ...

Super contribution caps to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... will increase from $330,000 to $360,000, unless they have been triggered by 30 June 2024. If they have, then the $330,000 limit will still apply. The increase does not apply to the $1.9 million total super balance limit, however lower sub-limits will ...

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... monitored for underperformance over two years and in the second year the trustee took action to reduce the available investment limit for the option. While not conclusive, this suggests that the new test parameters of the first trustee may have been ...

Count posts positive results ahead of Diverger takeover

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
Count Limited (Count) increased its revenues by 6% over the six months to December 31, while increasing its statutory profits by 135%. The group's latest half-year results indicate its underlying EBITA is up by 9% to $5.436 million and statutory profits ...

VanEck failed to disclose influencer's role in ETF launch: SEC

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2024
VanEck will pay US$1.75 million ($2.7m) to settle a case brought by the Securities and Exchange Commission, which alleged the investment manager failed to disclose the involvement of an influencer in the launch of an ETF in 2021. In the US, VanEck Associates ...

ASIC files lawsuit against unlicensed director, companies

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
The corporate regulator filed a lawsuit against a Queensland man who allegedly deceived people he knew into handing over $100 million to invest in companies he owned without a financial services licence. ASIC commenced proceedings in the Federal Court ...

Count drops $4.1m on SMSF services company

CHLOE WALKER  |  MONDAY, 12 FEB 2024
Count Limited (Count) has acquired Solutions Centric, a company that provides offshore SMSF services out of India, with an aim to expand its services segment to support financial planning and accounting businesses. Count will acquire 51% of the business ...

MA Financial buys $96m hotel to seed fund

CHLOE WALKER  |  TUESDAY, 6 FEB 2024
The alternative asset manager has purchased a large-scale Melbourne hotel from Singaporean real estate group Hiap Hoe Limited. The acquisition of the hotel seeds the new MA Accommodation Hotel Fund, an open-ended wholesale fund targeting accommodation ...

US investor tips $200m into Wingate

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
The Melbourne-based alternative investment manager has secured $200 million from an undisclosed US investor, bringing its total facilities and funds under management (FUM) to $7.5 billion. According to Wingate, the commitment also contributes to a total ...