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Showing 1 - 10 of 15572 results for "The Australian"

ATO introduces trust taxation changes

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
The Australian Taxation Office (ATO) has announced income tax reporting changes under the Modernisation of Trust Administration Systems (MTAS) that will come into effect on July 1. For beneficiaries of a trust, there will be a new trust income schedule ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... becoming aware of activity associated with unscrupulous cold calling for superannuation switching business models." The Australian Institute of Superannuation Trustees (AIST), which is now Super Members Council (SMC), has advocated for the banning of ...

Fidelity to roll out more active ETFs

JAMIE WILLIAMSON  |  MONDAY, 6 MAY 2024
... the Fidelity Global Demographics Fund (Managed Fund) to market. Its decision to add further active ETFs comes as the Australian ETF industry is likely to exceed $200 billion this year, with active ETFs expected to play a big role in the growth. As at ...

ATO flags key focus areas this tax time

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
The Australian Taxation Office (ATO) has announced it will be taking a close look at three key areas where taxpayers make common mistakes this tax season. Incorrectly claiming work-related expenses, inflation claims for rental properties and failing ...

Former APRA chair joins ASX board

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
... his role as APRA chair, he served on the Reserve Bank of Australia's payment systems board and was a member of the Australian Council of Financial Regulators. Byres stepped down as APRA chair in October 2022 after holding the role for eight years. The ...

Asset managers prioritising product quality: Northern Trust

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
... removing costs from their operating models in recent years have recalibrated their focus towards their investors. "In the Australian market especially, managers are tweaking their strategies to service an aging demographic. As the demographics of investors ...

Insignia FUM grows by $11bn, completes platform migration

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... as we work through this transitionary period," he said. The migration was the largest single wrap migration in the Australian platform industry. Completed at the end of March, the migration saw 94,000 client accounts move from MLC Wrap, MLC Navigator ...

Global X launches new gold ETF

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... selecting a product that is best suited to their overall investment strategy. GXLD aims to replicate the movements in the Australian dollar price of gold, less the annual management fee, by investing in physical gold bullion bars. With a management fee ...

AFM Investment Partners brings new feeder fund to Australia

ELIZA BAVIN  |  MONDAY, 29 APR 2024
... local regulatory cover and reporting for domestic wholesale clients. The plan is that Vasco Trustees will provide the Australian fund administration. KGAL is a German independent investment and asset manager with a managed investment volume of around ...

The funds delivering up to 30% returns: Mercer

ELIZA BAVIN  |  MONDAY, 29 APR 2024
... influential on relative performance than company selection," she said. "Over the three-year period, leadership across the Australian equity active manager universe has again been mixed, with valuation-sensitive strategies maintaining a slight advantage ...
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