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Showing 9701 - 9710 of 22801 results for "Funds"

Investment trusts receive affordable housing concessions

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
... restrictions on managed investment trusts to facilitate new affordable housing developments. Investors will be able to pool funds into a professionally-managed scheme and receive concessional tax treatments assuming that at least 80% of portfolio returns ...

Cuffe takes stake in Lennox small-cap fund

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
... market," Dougherty added. Donohue and Dougherty, who previously managed Macquarie's Australian Small Company and Micro-cap funds, founded Lennox this year as part of Challenger subsidiary Fidante Partners. As at March 31, Fidante has about $48.4 billion ...

VFMC analyst joins DMP

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2017
DMP Asset Management welcomed a new fund manager, jumping ship from the Victorian Funds Management Corporation. Stratton Bell was a senior equity analyst at VFMC and joins the boutique Australian equities manager with more than 12 years' experience ...

Financial dispute authorities combined for 'one-stop-shop'

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... professor Ian Ramsay. "Australians need to be confident that financial services providers - banks, insurers, superannuation funds - will serve their customer's interests," Budget documents said. "Too often the sector has not met those expectations. That ...

Tax relief for merging super funds extended

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
Tax relief for merging superannuation funds will be extended until 1 July 2020 in an effort to minimise barriers to sector consolidation. As announced in this years' Federal Budget, relief will be available to superannuation funds to transfer capital ...

Tax breaks delivered to first home buyers

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... will determine the amount of contributions that can be released. To facilitate this, the ATO will instruct superannuation funds to make payments as required. These earnings amounts will be calculated using a deemed rate of return based on the 90 day ...

What the 2017 Budget means for you

DARREN SNYDER  |  TUESDAY, 9 MAY 2017
... corporate tax rate will extend to other companies with annual turnover of less than $50 million by 2018-19. Superannuation funds have been provided extended tax relief for mergers, until 1 July 2020, in an effort to minimise barriers to sector consolidation. ...

Government puts stopper on Future Fund drawdowns

ALEX BURKE  |  TUESDAY, 9 MAY 2017
... systems and analytics capability to drive the performance of the Future Fund and other Australian Government investment funds." Future Fund management expenses are expected to rise from $73 million to $78 million next year, followed by $81 million in ...

Government fintech agenda spotlights microbanking

ALEX BURKE  |  TUESDAY, 9 MAY 2017
... many of the changes to the treatment of fintech companies, he was concerned about how those working with superannuation funds would navigate the "huge systems issues" certain Budget measures will create. "Putting aside anything else, I think a whole ...

Infrastructure receives $75 billion boost

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... David Whiteley said the new infrastructure spending does "not"quite [live] up to pre-Budget hype." But while industry super funds are great proponents of long-term, nation-building projects, they very much "look forward to working with the government ...