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Showing 951 - 960 of 6839 results for "Tax"

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
As a second institution is closed by regulators, emergency measures to shore up the US financial system and prevent a banking crisis are being implemented. It comes as local tech companies confirm minimal exposures to the Silicon Valley Bank failure. ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... introduced the Treasury Laws Amendment (2023 Measures No.1) Bill 2023. The purpose of the Bill is to ensure consistency in tax treatment for both off-market and on-market share buybacks carried out by listed companies. Additionally, the Bill aims to ...

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... included under the CSLR. It also won't be looking at litigation funding schemes, time-sharing schemes, issues relating to tax treatment, the Corporate Collective Investment Vehicle regime, or the rights and obligations of custodians. Jones said the ...

Investment bonds offer refuge amid super changes

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
As the government plans to tighten rules around high superannuation balances, investment bonds offer a secure, tax-efficient alternative. The government has proposed doubling the concessional tax rate for super balances over $3 million from 15% to 30%. ...

Gender super balance parity four decades away: ISA

CHLOE WALKER  |  WEDNESDAY, 8 MAR 2023
... Superannuation Funds of Australia (ASFA) is calling on the government to commit to closing the retirement savings gender gap using the tax revenue generated by the proposed $3 million cap on superannuation. ASFA senior policy advisor Helena Gibson said ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
If a male and female customer, each experiencing the same car troubles, take their vehicles for repairs to the same mechanic, who is more likely to get ripped off? That a woman will end up paying more is a tired cliché that continues to play out in ...

TIP Group to acquire advice firm

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
... private lending and financial services licensing and compliance. Enva reported FY22 revenue of $1.8 million and net profit after tax (NPAT) of $0.4 million. As part of the acquisition, TIP will claim a 100% stake in both Enva Australia Pty Ltd and Enva ...

Magellan sees more outflows

CHLOE WALKER  |  MONDAY, 6 MAR 2023
... billion in outflows. The unfortunate news for the once prosperous Magellan comes after it reported a statutory net profit after tax of $83.8 million for the second half of 2022. Last month, Magellan chief executive and chief investment officer David ...

Unindexed cap forecast to impact 500k people

CASSANDRA BALDINI  |  FRIDAY, 3 MAR 2023
... ATO data found a significant portion of Australian taxpayers will breach the cap in their lifetime and face a 30% earnings tax. Of those impacted, 204,000 will be under 30, while 135,541 will be between 30 and 34 and 65,126 will be between 35 and 39. ...

Super on PPL a drop in the ocean

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... again shone light on the super gender gap. The Labor Party will stand to save about $2 billion once it doubles concessional tax rates for balances over $3 million but has only softly committed to paying super on PPL when it can afford to. In a new Financial ...