Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 6194 results for "Tax"

Proposed super tax obfuscates legacy pensions rules: SMSFA

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
The proposed 30% tax on large superannuation balances must clarify the confusion surrounding legacy pensions and reserves, and how they should be calculated, according to the SMSF Association (SMSFA). The SMSFA is calling for an amnesty for legacy pensions ...

Actuaries Institute proposes new performance test measure

ANDREW MCKEAN  |  TUESDAY, 23 APR 2024
... Institute also supports the removal of barriers to consolidation of some choice options, particularly facilitating capital gains tax relief when trustees initiate product transfers that are in members' best financial interests. However, the Institute ...

Top 10% of households home to 15 times more wealth

JAMIE WILLIAMSON  |  FRIDAY, 19 APR 2024
... available data, which is from 2019, shows the highest 10% of households ranked by income earn an average of $5200 per week after tax. The middle 20% take home $2000 per week, and the lowest 20% take home $800. ACOSS chief executive Cassandra Goldie said ...

State supports move to close super loophole exploited by paedophiles

ANDREW MCKEAN  |  WEDNESDAY, 17 APR 2024
South Australia has become the first jurisdiction in Australia to support a motion calling for the close of a legal loophole that protects paedophiles' superannuation from access by survivors of child sexual abuse. The Legislative Council unanimously ...

ATO targets crypto investors, sharing economy

KARREN VERGARA  |  WEDNESDAY, 17 APR 2024
... hotspots the Australian Taxation Office (ATO) will target this financial year as too many investors continue to blunder their tax returns. With a horde of investors jumping on the cryptocurrency bandwagon, many are failing to declare their profits and ...

Russell Investments introduces new ESG-focused ETF

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... to Australian investors. RGOS aims to out outperform its benchmark, the MSCI All Country World Net Index, before costs and tax, with a fee of 0.95% per annum on assets under management. Russell Investments managing director of Australia and New Zealand ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... urgently need donor governments to step up their contributions to IDA, and for the G20 to move forward with a global deal to tax the super-rich. It's all part of ensuring that rich countries and rich people pay their fair share towards tackling inequality ...

Two new ETFs for Franklin Templeton

KARREN VERGARA  |  MONDAY, 15 APR 2024
Franklin Templeton has launched actively managed global equity and fixed income exchange-traded funds (ETFs) on the ASX today. The Franklin Global Growth Fund (FRGG) invests in companies operating in developed and emerging markets from around the world ...

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
... superannuation and investments, New Zealand, and strategic partnerships in China. The banking unit recently delivered net profit after tax of $93 million, reflecting the challenging environment that AMP is operating in, particularly around funding costs ...

Equity Trustees welcomes new chief financial officer

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
... teams. She is currently the interim chief financial officer at ISPT and responsible for the finance, procurement, insurance, tax, treasury, and valuation functions of the business. Prior to this, she was Vanguard Australia chief financial officer from ...
PREVIOUS
NEXT