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Showing 1 - 10 of 177 results for "Franking credits"

Three actively managed funds shutter

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
... Index via a long-short investment strategy and aimed to achieve capital growth and tax-effective income from franking credits. "We regularly review our product range to ensure alignment with the evolving needs of our clients. With limited investor demand ...

Investing in research generates threefold economic output

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023
... "However this cost doesn't take into account taxes recovered downstream (income tax from employees, reduction to franking credits, etc.). Further measuring the benefits such as the 'spill-over effect' is difficult, but not impossible. On that basis and ...

AustralianSuper bungle underpays some Choice members

KARREN VERGARA  |  THURSDAY, 10 AUG 2023
... credited back to members' account, according to some member letters cited. "After a review, the oversight of franking credits has been enhanced and is monitored regularly," the spokesperson said. It is the second bungle that has recently come to ...

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
... doesn't spell an end to the home bias. The report acknowledged tax considerations, such as Australia's local franking credits scheme, mean that home bias is unlikely to disappear completely. "You've got double taxation and have to reclaim ...

Super gender balance gap increases

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... $170,000. For investments, more than 2.8 million individual investors earned franked dividends of $8509 on average. Franking credits were valued at $3412. Nearly 1.7 million partnerships and trusts (excluding non-primary production) earned $35,353 on ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... Committee's attentiveness to retail investor and stakeholder concerns. She also underscored the significance of franking credits for many Australian shareholders, especially retirees, and urged the government to respect their election promise not to ...

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... the one third Capital Gains Tax discount that applies to super funds and the lack of access to the benefit of franking credits that would otherwise be available to super funds," she said. As for the $3 million threshold, the FAAA wants this to increase ...

Franking credit changes could backfire: SMSF Association

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
The SMSF Association is concerned over proposed laws that will impact franking credits for distributions funded by capital raisings. In a submission to the Senate Economics Committee, due to report on May 26, the SMSF Association said that amendments ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
A Senate Economics Committee inquiry will scrutinise the government's proposed changes to franking credits, which target share buybacks and capital raisings. In February, assistant treasurer and minister for financial services Stephen Jones introduced ...

Future Fund subsidiaries set to receive tax exemption

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... result, these subsidiaries pay corporate income tax, which is subsequently refunded to the Future Fund board via franking credits attached to the dividends paid to it. Treasury explanatory materials said the current tax arrangements result in unnecessary ...
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