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Showing 821 - 830 of 6884 results for "Tax"

Industrials company launches asset management arm

ANDREW MCKEAN  |  FRIDAY, 13 OCT 2023
... June 30, an increase of $18.66 million compared to the same period last year. The company also reported a net profit before tax of $7.08 million and a net profit after tax of $3.87 million for the year. "FY23 has proven to be another defining year for ...

HNWs increase digital engagement: Research

CHLOE WALKER  |  THURSDAY, 12 OCT 2023
... their own spreadsheet, or they rely on advisers to actually provide that fuller picture for them." The research also noted tax reporting, simplicity around access, and record keeping as the top digital features HNWs appreciate. "The end-client has shared ...

I can only apologise: PwC boss

CASSANDRA BALDINI  |  THURSDAY, 12 OCT 2023
... chief executive Luke Sayers were grilled this morning in a Senate Inquiry as fallout continues over the embattled firm's tax scandal. Emails sent by former PwC head of international tax Peter-John Collins have been used to paint a picture of what ...

Ireland to create new sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2023
... the fund will hit €100 billion by 2035. The creation of the fund is made possible "using some of the windfall corporate tax receipts" the government has enjoyed in recent times, he said. Last year, Ireland raised close to €23 billion in corporation ...

Super tax change to impact SMSF members: Research

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
The government's proposed tax on superannuation balances exceeding $3 million could adversely impact up to 50,000 self-managed super fund members (SMSF), including posing liquidity challenges. According to a recent report conducted by the International ...

Vale Tony Bongiorno

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... if they were his own and stood alongside them through their challenges." Bongiorno specialised in refinancing strategies, tax structures, and self-managed super funds. He was a Certified Financial Planner (CFP), a member of the Institute of Public Accountants ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
Australian businesses and households are vulnerable to further shocks following high inflation and the tightening of monetary policy. According to the Reserve Bank of Australia's (RBA) most recent Financial Stability Review, the Australian business ...

Aussies largely unsure of legacy plan: Research

CHLOE WALKER  |  FRIDAY, 6 OCT 2023
... for wealthier people in particular. Superannuation, of the other hand, is not intended to be a wealth transfer tool, and the tax implications can be an issue when its used as an intergenerational wealth transfer vehicle to transfer wealth to non-dependents ...

GARDA Property Group confirms $30.5m loss

CASSANDRA BALDINI  |  FRIDAY, 6 OCT 2023
... partial repayment of drawn variable debt facilities. In June, GARDA recorded a statutory net loss of $4.934 million after tax for the year. The decline included items categorised as non-cash in nature, occurring infrequently, and or pertaining to realised ...

Housing crisis costing Australia $64bn: Aware

CASSANDRA BALDINI  |  FRIDAY, 6 OCT 2023
... developments, to help lower the bar to entry for institutional investors," she said. "Broad-based availability payments or other tax offsets would also help improve the feasibility of long-term investment in affordable housing stock." She reinforced ...