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Showing 71 - 80 of 2730 results for "Fair"

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
Discretionary trusts have been slapped with a 30% minimum tax amid a slew of "fairer tax arrangements" reforms in the 2026-27 Budget to address intergenerational inequity. From 1 July 2028, Treasurer Jim Chalmers proposes to introduce the new tax that ...

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

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers unveiled a new $2 billion Local Infrastructure Fund aimed at accelerating housing delivery and easing development delays. The fund will support local governments and state utilities providers in delivering essential "last mile" ...

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 ...

Calls for CGT, negative gearing reforms 'unanimous': Mulino

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Assistant treasurer and minister for financial services Daniel Mulino said changes to capital gains tax (CGT) and negative gearing - which are expected to be outlined in tonight's Federal Budget' - came about after "unanimous calls" for reform ...

Senate report backs removal 30-hour work threshold for SG

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
A Senate Economics Legislation Committee report released this week expressed in principle support for paying super on every dollar earned, including removing the existing 30 hour per week threshold that currently applies to under 18 workers. Under current ...

GQG reports nearly US$10 outflows, keeps FUM stable

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... than expected, and management noted that 'the vast majority of our hiring is behind us'." Overall, Morningstar retains its fair value estimate for no-moat GQG at $1.70 per share. Morningstar defines "economic moat" as a structural feature that allows ...

ASIC bans property wealth coach operating without licence

RIDDHIMA TALWANI  |  MONDAY, 11 MAY 2026
ASIC has permanently banned Queensland property developer Trent Simon Giumelli from providing financial services after he raised $48 million from members for real estate wealth coaching programs without a financial services licence. ASIC has accused ...

OECD recommends NZ overhaul pension system

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
New Zealand needs to reform its pension sector, increasing the age at which retirement savings can be accessed and no longer taxing those savings, according to the Organisation for Economic Co-operation and Development (OECD). In its latest report on ...

Advice industry can't afford CSLR to be an 'unsustainable mess': FAAA

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
... whole, the survey found. Abood said the FAAA supports the principle of compensation for consumers, but the scheme must remain "fair and sustainable" to not undermine the ongoing viability of the advice profession. Speaking at the FAAA Roadshow in Sydney ...

TelstraSuper did fall foul of IDR obligations: Federal Court

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
TelstraSuper failed to respond to many complaints within the mandated 45-day period and, in some cases, failed to justify the delay or inform members of their right to complain to the Australian Financial Complaints Authority (AFCA), the Federal Court ...