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Showing 1 - 10 of 5191 results for "Small"

NovaPort Capital team calls it a day

JAMIE WILLIAMSON  |  TUESDAY, 21 MAY 2024
The team at small caps manager NovaPort Capital have decided to hang up their boots. A decision was made on May 13 to wind up the small cap Australian equity manager, Fidante told investors, saying the NovaPort team had made the call to close the business. ...

Another corporate fund bites the dust

JAMIE WILLIAMSON  |  MONDAY, 20 MAY 2024
... regulatory environment has become more complex, which has increased the demands, risks and costs associated with running a small, stand-alone corporate superannuation fund. "Further regulatory changes are scheduled for the future, and it has become clear ...

Seven fund managers scoop up First Sentier mandates

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... Future Leaders, while the First Sentier Developing Companies (via FirstChoice) option will become the Longwave Australian Small Companies option. CFS said it expects to finalise the confirmation of the new managers shortly and anticipates the portfolio ...

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... Professional Year. Another assertion stated that about $11 million was spent on acquisitions in a short period of time, mainly on small books from retiring advisers. Crole and Pattison said this was "inaccurate and misleading". Since August 2019, Sequoia ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... Abood said she is disappointed that while financial advisers continue to struggle with significant cost increases, like many small business operators, calls to the government have been disregarded. "Minister Stephen Jones has acknowledged the importance ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... checkout," Chalmers said when presenting the Budget to parliament. "New help with energy bills for every household and for small business. Stronger Medicare in every community. More homes in every state and territory. More opportunities in every TAFE ...

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

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
The Federal Budget has extended the $20,000 instant asset write-off by 12 months until 30 June 2025. Small businesses, with an aggregated annual turnover of less than $10 million, will continue to be able to immediately deduct the full cost of eligible ...

Budget 2024: Government heeds industry calls to better support women

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... some $1.1 billion over the forward estimates, with payments to be made annually from 1 July 2026. While the impact may be small, it will go some way towards closing the gender super gap. Currently, women retire with as much as 25% less in super. The ...

FAAA calls for 'fairness' ahead of Budget

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... which the vast majority of advisers who are running strong compliant businesses must pay for enforcement action against a small number of non-compliant businesses. "In addition, the costs of action against fraudsters and unlicensed operators ought to ...

Rest calls for removal of minimum work hours for super

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
... hours worked," Doyle said. "However, we know this change is likely to have an impact on a number of employers, particularly small and medium businesses, who employ part-time or casual workers. "This change is crucial for the future of young Australians ...
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