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

Search Results

Showing 1 - 10 of 328 results for "Taxpayers"

FAAA flags gaps in discretionary trusts tax reforms, deficient framework

KARREN VERGARA  |  TUESDAY, 22 SEP 2026
... taxation, administrative and reporting requirements, and integrity considerations. Consequently, the FAAA pointed out taxpayers and their advisers are being asked to evaluate the costs, benefits and risks of each pathway without a complete understanding ...

Taxpayers to foot Age Pension if super turned into ATM: SMC

RIDDHIMA TALWANI  |  THURSDAY, 17 SEP 2026
New modelling by the Super Members Council (SMC) has shown One Nation's superannuation policy could leave taxpayers on the hook to pay up to double the amount taken out. One Nation is proposing to give Australians paying rent or a mortgage the choice ...

Brookfield wins US$1bn mandate from Nuclear Liabilities Fund

VINNY VUCAGO  |  WEDNESDAY, 9 SEP 2026
... with the fund investing its assets to generate the returns required to meet future obligations and reduce reliance on taxpayers. Brookfield's mandate reflects the fund's long-term funding requirements, with the portfolio able to evolve as investment ...

Inquiry rips into Diversa: 'All profit, no responsibility'

KARREN VERGARA  |  MONDAY, 7 SEP 2026
... we're applying to the minister to protect the members," Plant said. "Which means," O'Neill retorted, "Diversa wants taxpayers to bail you out for a failure of your processes, which have so far caught you up in the ASIC net to the tune of a quarter ...

Treasury launches minimum tax on discretionary trusts draft legislation

KARREN VERGARA  |  FRIDAY, 4 SEP 2026
... rate, arrangements that are not available to most workers. "These arrangements can result in high-income and high-wealth taxpayers who structure their affairs using discretionary trusts, paying less tax relative to salary and wage earners on similar ...

Treasury rolls out negative gearing, CGT Tranche 2 consultation

KARREN VERGARA  |  WEDNESDAY, 5 AUG 2026
... will be undertaken to examine options that could reduce compliance costs for fund managers. The reforms also address taxpayers who were Australian residents for only part of the period they held an asset and seek to prevent certain CGT events from unintentionally ...

Treasury opens consult on TPB sanctions framework

ELIZA BAVIN  |  TUESDAY, 4 AUG 2026
... regime. "The Amending Regulations will ensure that the Register continues to provide a comprehensive public resource for taxpayers who wish to locate a tax practitioner and engage their services," Treasury said. "By requiring the Register to include ...

ASIC levy estimates jump 19% as regulator ramps up funding

VINNY VUCAGO  |  MONDAY, 13 JUL 2026
... cost recovery framework, the cost of ASIC's regulatory activities is borne by the sectors it supervises rather than taxpayers, the regulator said. The funding model, introduced following the Financial System Inquiry, recovers ASIC's costs through a combination ...

Treasury mulls increased powers for TPB

ELIZA BAVIN  |  TUESDAY, 14 APR 2026
... registered tax practitioners and unregistered preparers," the exposure draft said. "The reforms improve protections for taxpayers against tax agent misconduct, including poor and unlawful tax advice, and maintain community confidence in the integrity ...

Replace capital gains discount with income averaging: e61

RIDDHIMA TALWANI  |  THURSDAY, 15 JAN 2026
... tax liability over the life of the asset, an option that was available until 1999. "Income averaging would ensure that taxpayers with similar lifetime income would pay similar tax rates regardless of whether they earn regular wages or have a volatile ...
PREVIOUS
NEXT