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Showing 981 - 990 of 6895 results for "Tax"

GAM, Liontrust in merger talks

JAMIE WILLIAMSON  |  WEDNESDAY, 19 APR 2023
... the news. GAM is to deliver its full-year results next week. In January, it said it expects to report an underlying loss pre-tax of $70.9 million. In the prior corresponding period, it reported a loss of $15.9 million. The GAM board has been reviewing ...

Equity Trustees enlists HUB24 for custodial platform admin

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
... HUB24's annual net flows have the fastest growth rate as a percentage of FUA. HUB24 also announced that it has added a new tax optimisation alert functionality to its platform to deliver outcomes for advisers and their clients. The tax optimisation alert ...

Experience pathway consultation opens

KARREN VERGARA  |  TUESDAY, 18 APR 2023
... advisers currently fail to meet the education standards for technical reasons," Treasury said. For advisers that are registered tax agents, under the new law, they will no longer be required to meet the additional education requirements to be a qualified ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
Assistant treasurer and minister for financial services Stephen Jones has detailed a three-pronged approach to superannuation reform that will forge national consensus, shift the focus from savings to retirement income, and elevate service standards ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... Earlier in the week, IMF deputy director Asia Pacific Anne-Marie Gulde-Wolf said Australia should look to grow its consumption tax in order to restore the deficit. Chalmers dismissed the recommendation and, when questioned on his reasons said that from ...

Treasury urged to consider housing in super objective

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... Incentive program offers 5 or 10% of the home's purchase price to put toward a down payment. It also plans to introduce the Tax-Free First Home Savings Account where prospective first homebuyers can save up to CAD$40,000 tax-free towards their first ...

Top 10% pocket 93% of Australia's wealth: Research

CHLOE WALKER  |  WEDNESDAY, 12 APR 2023
... According to the report, this "inequality on steroids" is due to stagnating wages, insecure work, soaring profits and an unfair tax system. "From the 1950s to the 1980s, Australia was considered the land of the fair go and we saw people benefiting more ...

Franking credit changes could backfire: SMSF Association

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... reinvesting profits and the raising of capital to pay dividends is merely prudent cash flow management and nothing to do with tax avoidance or the manipulation of the franking system," he said. "Disallowing franking in these situations would expose the ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... the budget are two key superannuation measures aimed at increasing revenues. The first is to better target superannuation tax concessions, saving over $11.5 billion each year once fully implemented. Tax breaks on super currently cost about $45 billion ...

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... savings in retirement. This will enhance the long-term sustainability of the superannuation system and take pressure off future tax settings, he said.