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Showing 871 - 880 of 6836 results for "Tax"

Super gender balance gap increases

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
The superannuation gender balance gap has slightly worsened, fresh Australian Taxation Office (ATO) figures reveal, as it crawls toward 21%. During the 2021 financial year men's super balance held $189,892, while women had 21% less on average at $150,922. ...

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... matter, in which PwC senior partners shared information obtained during a confidential consultation with Treasury concerning tax law changes, has been escalated. In response, AustralianSuper became the first superannuation fund to freeze any new contracts ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... government tabled the Treasury Laws Amendment (2023 Measures No.1) Bill 2023 which among other things sought to standardise the tax treatment of on-market and off-market share buy-backs carried out by listed public companies. Schedule 5 of the bill also ...

ASIC chair calls out greenhushing

RACHEL ALEMBAKIS  |  TUESDAY, 6 JUN 2023
Greenhushing - in which companies stop all voluntary disclosure of ESG information - is just another form of greenwashing, according to ASIC chair Joe Longo. In a public speech, Longo provided additional context to the market regulator's focus on ESG ...

MAX Awards recognises best of the best

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
... Campaign of the Year - Consumer. Generation Life stood out in the Marketing Campaign of the Year - Industry category for its tax-aware investing campaign. Aware Super won the Financial Education campaign for the second year in a row for its Financial ...

TPB grilled over handling of PwC scandal

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2023
Fronting a Senate Estimates hearing, the Tax Practitioners Board (TPB) said it has no plans to suspend PwC, nor has it formally considered whether the consultant breached legislative requirements to act honestly and with integrity. Appearing in Canberra ...

GQ Multifamily platform boost BTR pipeline

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
... head of real estate and co-founder Mark Fischer said the recent announcement by the government around the proposed to the BTR tax regime would be welcomed as a positive development for the sector, unlocking additional capital and driving much needed ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... Australia's (RBA) target. Higher fuel prices have been attributed to the rise following the halving of the fuel excise tax in April 2022, originally unwound in October of the same year. "CPI inflation is often impacted by items with volatile price ...

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
... revenue both from what's happened with commodity prices, and with fiscal drag as inflation has pushed people up into higher tax brackets," Lowe explained. "It could have elected to use this revenue to increase spending, but it didn't, if it had ...

Hejaz backs local Islamic bank

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
... organisations to give customers access to Shariah-compliant fund management, financial planning, accounting, property finance, super, tax and insurance services. "Islamic Bank Australia has already established itself as a prominent Islamic brand and ...