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Showing 1 - 10 of 2055 results for "EIT"

Treasury launches minimum tax on discretionary trusts draft legislation

KARREN VERGARA  |  FRIDAY, 4 SEP 2026
Treasury has released draft legislation on the minimum tax it is set to impose on discretionary trusts from 1 July 2028. A 30% minimum tax on certain discretionary trusts will apply and be payable by the trustee. Treasury is seeking feedback on several ...

Andrew Hewison to step down after Pemba Capital investment

MATTHEW WAI  |  THURSDAY, 3 SEP 2026
Hewison Private Wealth managing director Andrew Hewison has announced he will be wrapping up his 25-year tenure towards the end of the year following Pemba Capital Partners' investment in the Melbourne-based business last week. Announcing his upcoming ...

FEATURE | Managed accounts | Industrialising advice

RIDDHIMA TALWANI  |  MONDAY, 31 AUG 2026
Consider a situation where a financial adviser believes an investment is no longer suitable for their clients. Perhaps a fund manager is underperforming or a stock held directly by clients needs to be sold. In the past, advisers would often have to ...

Half of Australians lack retirement plan: Vanguard

KARREN VERGARA  |  THURSDAY, 27 AUG 2026
Nearly half of working-age Australians approaching retirement do not have a retirement plan, raising concerns about long-term financial preparedness and confidence, according to Vanguard. The 2026 How Australia Retires report, based on a survey of more ...

Bathla collapse rattles private credit

RIDDHIMA TALWANI  |  WEDNESDAY, 26 AUG 2026
Property developer Bathla Group went into voluntary administration yesterday, raising fears that investors will pull back from private credit funds exposed to the sector. In response, MA Financial has introduced a temporary monthly redemption limit ...

FAAA welcomes 'widow's tax' changes in CGT, negative gearing reforms

KARREN VERGARA  |  TUESDAY, 25 AUG 2026
The Financial Advice Association Australia (FAAA) says it welcomes the legislative changes aimed at addressing the so-called "widow's tax," noting the amendments will protect grieving families and individuals navigating relationship breakdowns from ...

AI advice boom highlights urgent need for affordable advice: SMC

VINNY VUCAGO  |  THURSDAY, 13 AUG 2026
Australians are increasingly turning to artificial intelligence to understand their superannuation and retirement options, but new research suggests many remain reluctant to rely on AI alone for major financial decisions. Research commissioned by the ...

Former Berndale director jailed for $700k in misused funds

VINNY VUCAGO  |  THURSDAY, 6 AUG 2026
Former Berndale Capital Securities director Stavro D'Amore has been sentenced to almost four years' imprisonment after admitting to dishonestly misusing nearly $700,000 of company funds and authorising false statements to ASIC. The Federal Court sentence ...

Chiodo in ASIC's crosshairs again

KARREN VERGARA  |  TUESDAY, 4 AUG 2026
ASIC is taking further action on Paul Chiodo, this time for spruiking another property investment that raised $1.54 million from five SMSF investors. ASIC is seeking orders from the Federal Court to restrain Royce Capital Investments Royce (Australia) ...

ASIC sues First Guardian-linked auditors

KARREN VERGARA  |  FRIDAY, 31 JUL 2026
ASIC has commenced proceedings against Auditeo Australia and two auditors for their involvement in the First Guardian Master Fund failure. ASIC alleges that unqualified audit reports on First Guardian and its compliance plan for the 2020 to 2024 financial ...
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