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Showing 791 - 800 of 34134 results for "Over"

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... trusts existing at announcement. The overhaul comes off the back of the number of discretionary trusts more than doubling over the past 20 years. The Australian Taxation Office estimates there were 1.02 million registered trusts in the 2023 financial ...

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

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... road connections needed to unlock new housing developments. Chalmers said the initiative could support up to 65,000 homes over the next decade and brings the governments total investment in housing enabling infrastructure to $6.3 billion since taking ...

Government plans 'standardised' assessment for NDIS

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
... slow rapid cost increases and address fraud. The changes are expected to reduce growth in NDIS payments by $37.8 billion over the next four years. "The government will design a standardised, evidence-based assessment of functional capacity to determine ...

Government to commit $3.7bn to strengthen aged care access

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... year for aged care residents and protect equity of access for them. Specifically, the Budget will allocate $606.5 million over four years from FY27 to introduce new capital subsidies for aged care providers who build or expand residential accommodation ...

Chalmers chooses 'hard road of reform' in Budget

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
... has unveiled the Federal Budget, delivering a deficit for 2026/27 of $31.5 billion, as the government prioritises reform over relief. The 2025/26 deficit came in at $28.3 billion, a far cry from the $36.8 billion that had been projected. "The [government] ...

Chalmers overhauls negative gearing, CGT discount

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... tech and start-up sector." He calculates the changes to support some 75,000 additional first home buyers into the market over the next decade. "Combined with additional housing supply measures, this Budget will support up to 30,000 new homes over the ...

TelstraSuper-Aware Super merger complete

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
... Aware Super via a 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 ...

ASX Advisory Group gives update on corporate governance revision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... July 2026. The AGCG was assembled in November 2025 following concerns around the governance and operational aspects of ASX over recent years, it is currently chaired by former Reserve Bank of Australia governor Philip Lowe. The group also welcomed seven ...

Rest faces scrutiny over alleged super reporting error

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Rest has come under scrutiny following claims it incorrectly reported superannuation contributions to the Australian Taxation Office for an individual who was never a member of the fund. The issue was raised publicly by financial planner Matt Marsh ...

ASFA expands technical implementation service

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... is clear: more support is needed through the regulatory change lifecycle, and that is why we're investing more in AIP over the coming year." She also said working groups bring together a "non-competitive" community of practitioners to co-design and ...