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Showing 1 - 10 of 2354 results for "Fair"

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... Australia's female-dominated workforces in aged care and early education - expected to flow from imminent decisions in the Fair Work Commission - will help tackle gender inequity at retirement," she said. Tax cuts From 1 July 2024, all 13.6 million taxpayers ...

Budget 2024: Change to foreign investment rules

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... The government will strengthen the foreign resident capital gains tax (CGT) regime to ensure foreign residents pay their "fair share" of tax in Australia and to provide greater certainty about the operation of the rules. The amendments will apply to ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... premiums) for up to five years. Aged care workers will also receive a wages boost. The government has committed to funding the Fair Work Commission decision to increase award wages for aged care workers. This is on top of $11.3 billion already allocated ...

Budget 2024: $20k instant asset write-off extended

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... small businesses understand and comply with recent workplace relations changes, the Budget will provide $20.5 million to the Fair Work Ombudsman. The government is also providing $3 million to implement the government's response to the Review of ...

Budget 2024: Chalmers looks to reset aged care, NDIS

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... other workers into aged care, and has committed to increase the award wage for direct and indirect aged care workers when the Fair Work Commission's decision is made. It will also deliver $110.9 million over four years to support an increase in the Aged ...

Wholesale investor test reform has several ramifications: SIAA

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
Proposed changes to the wholesale investor test potentially have sprawling ramifications for financial advisers and is something some experts say will need to be thoroughly nutted out before the government pushes any reforms over the line. Potentially ...

FAAA calls for 'fairness' ahead of Budget

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
The Financial Advice Association of Australia (FAAA) has called on the Federal government to better manage costs across the Compensation Scheme of Last Resort (CSLR) and implement a fairer ASIC funding levy for advisers. In its pre-budget submission ...

Pacific Current sells stake in investment firm to Goldman Sachs

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... said actual proceeds could vary modestly based on final transaction costs. As at 31 December 2023, PAC's estimate for the fair value of its Pennybacker stake was US$57.2 million. "This is an exciting development for both Pennybacker and PAC, and it is ...

Rest calls for removal of minimum work hours for super

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
... remove the rule and said making the change would ensure everyone, including young workers in retail or fast-food jobs, gets a fair start with their superannuation. "Rest represents around one million members aged 30 or younger, so we know how beneficial ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... accountability for your members who are consumers. Do what you say you'll do and be transparent and accountable in meeting those fair expectations," she said. "If you don't, we're shining a light on that, and we'll be holding you to a ...
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