LICs rebuffed by Magellan's new whale
Magellan Financial Group has overlooked the popular listed investment company model in favour of a simpler ASX-traded investment trust.
Bond markets key to WA, Qld's downturn
Bond markets have played a key role in forcing the big miners to cut investment spending, pushing Queensland and WA into significant economic downturns, the RBA says.
SMSFs could be hit by Labor's trust proposal
Vehicles often used by self-managed funds to purchase property are set to be caught by Opposition Leader Bill Shorten's proposal to levy a 30 per cent tax on distributions.
Beware when arranging super death benefits
Trustees of self-managed superannuation funds who want to avoid family legal arguments over fund assets they wish to pass to beneficiaries need to be careful.
How to reduce your tax bill from a property sale
Doing this following the sale of a property can help reduce your tax bill.
Tax confusion could prove costly
Companies of all sizes are likely to be hit with penalties for unwittingly lodging tax returns based on incorrect tax rates, experts warn.
JCP opens door to retail investors
Institutional fund manager JCP Investment partners will throw open its doors to retail investors for the first time.
Woolies 'outraged' over card error
Woolworths is demanding answers over a credit card processing error that led to hundreds of customers being charged twice.
Investors make 'spectacular' profit on Sydney sale
Investors in four Potts Point heritage terraces have made a 'spectacular' profit in less than 18 months from the sale for $18 million.
Citi names apartment glut suburbs
Citi is imposing tough new lending conditions on high density "blackspots" amid concerns a surge in approvals could add to a large over-supp...
