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Showing 81 - 90 of 159 results for "Tax System"

Regulators coordinating efforts to protect super

MARK SMITH | THURSDAY, 18 FEB 2016

... is to contribute to the economic and social well-being of Australians through fostering willing participation in the tax system," he said. "The easier you make it for people to comply, the more likely they are. We want to give clearer guidance to get ...

Financial services among top taxpayers

DARREN SNYDER | FRIDAY, 18 DEC 2015

... improved corporate transparency. "It informs public debate about tax policy, particularly in relation to the corporate tax system. Community trust and confidence in the way these large companies operate matters. And, tax should matter to these companies," ...

FSC slams insurance duty "boondoggle"

ALEX BURKE | THURSDAY, 10 DEC 2015

... repeal inefficient taxes. Citing the World Economic Forum's Global Competitiveness Report (which singled out Australia's tax system as a drag on competition), Bragg suggested addressing the "low hanging fruit," such as removing state stamp duties on ...

Parliament tables new tax laws for investment trusts

LAURA MILLAN | MONDAY, 7 DEC 2015

The Government tabled the Tax Laws Amendment (New Tax System for Managed Investment Trusts) Bill 2015 in Parliament on the last day of the sitting season. If approved, the proposed rules will apply from 1 July 2016 and will reduce complexity, increase ...

ACCI supports closing tax breaks on high balances

MARK SMITH | MONDAY, 30 NOV 2015

The Australian Chamber of Commerce and Industry (ACCI) has said there is "sense" in closing tax relief for people with very high superannuation balances. In a statement the pro-business body said a balanced package of reforms to Australia's superannuation ...

Treasurer commits to improve after-fee super returns

DARREN SNYDER | FRIDAY, 27 NOV 2015

... reforms: adequate retirement incomes; stability and certainty in the retirement phase; flexibility; and an efficient tax system and economy," Morrison said. He said while superannuation should ensure adequate retirement incomes, it should not be seen ...

Deloitte super plan could save budget $6bn

DARREN SNYDER | MONDAY, 26 OCT 2015

Financial advisory firm Deloitte suggests a better superannuation tax system would be to update proposals from the Henry Review, as it would not add taxes to either earnings or benefits. Labeled a "circuit breaker" the updated plan would see every Australian ...

Turnbull backs financial start-ups

DARREN SNYDER | THURSDAY, 8 OCT 2015

... support from the rest of the economy, the rest of the private sector as well." The Prime Minister said Australia's tax system is the biggest set of levers the federal government has to incentivise business. "So we're looking at all of those features ...

Tax conversation in a bubble

DARREN SNYDER | THURSDAY, 8 OCT 2015

... 2013-14, [and] projected to rise at a staggering 12% annually to $50.7 billion in 2016-17," Chapman said. "Simply put, our tax system doesn't bring in enough revenue to pay for all of the services the government provides and with expenditure on areas ...

Seniors weigh in on national tax discussion

DARREN SNYDER | FRIDAY, 2 OCT 2015

... and should be introduced in tandem with measures to enhance efficiency. "To re-strengthen the progressivity of the tax system and make the subsidisation of savings more transparent, the tax rates and thresholds for mandatory superannuation contributions ...

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Future Group marks new successor fund transfer

KARREN VERGARA

Future Group announced its Smart Future Trust will take on the GuildSuper and Child Care Super brands as the group continues to expand with another successor fund transfer.

HUB24 expands C-suite with innovation role

VINNY VUCAGO

HUB24 has strengthened its executive leadership team with the creation of a new chief operating and innovation officer role, bringing technology, innovation and strategy implementation under a broader remit.

Former director jailed for misuse of $1.75m

VINNY VUCAGO

Former Equitable Financial Solutions director Usman Siddiqui has been sentenced to six years and six months' imprisonment for dishonestly using his position as a director and misappropriating company funds.

PE giants partner with Nvidia for $709bn AI platform

MATTHEW WAI

Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR have signed memorandum of understanding (MoU) with Nvidia to mobilise half a trillion US dollars ($709bn) of third-party capital to further accelerate the buildout of AI infrastructure.

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