Today
- Opinion
- Chanticleer
CFMEU scandal should force rethink on super fund boards
Union-backed industry super funds have pushed hard to lift governance and accountability at public companies. Shouldn’t they want to improve their own governance, too?
- Updated
- James Thomson
Yesterday
Chief justice intervenes in tax plan for judges
Federal Court Chief Justice Debbie Mortimer has also banned judges using their travel allowance for conferences.
- Michael Pelly
This Month
Queensland mulls expansion of stamp duty discounts in tax shake-up
Expanding stamp-duty concessions and overhauling land tax in Queensland will be considered as part of a new tax shake-up.
- James Hall
Super giant seeks tech stock ‘second wave’ after delivering 11.3pc
Rising tech stocks helped land an 11.3 per cent return for Australian Retirement Trust superannuation members, but unlisted property was still a drag.
- Hannah Wootton
June
Not so super tax reform
The controversy over taxing unrealised superannuation gains leaves Labor’s “modest” tax agenda looking like a piecemeal approach to fixing Australia’s broken tax system.
- The AFR View
The areas most – and least – hit by Labor’s $3m super tax
Australians with super balances of more than $3 million are less likely to live in rural areas, according to new analysis, despite concerns about the tax focusing on farmers.
- Hannah Wootton
Super funds fall short on unlisted asset valuations: APRA
Super funds are not revaluing their $650 billion unlisted asset portfolios enough, potentially hitting the prices paid by customers and their returns, APRA has warned.
- Hannah Wootton
- Opinion
- Chanticleer
Why KKR’s Colonial First State calls default pension plan ‘dangerous’
Colonial First State chief executive Clive van Horen says the wealth and super giant is back in growth mode. But he’s not shying away from a big super debate.
- Updated
- James Thomson
The three types of people most likely to avoid high-end super tax
A new study shows a quarter of high-income earners tweak their finances to minimise the tax they pay on superannuation, and they are mostly self-employed, trust beneficiaries and women.
- Updated
- Hannah Wootton
May
- Opinion
- Tax reform
Cutting company tax is not the only way to spur investment
Recognising the cost of equity in the tax system is the equitable, effective and productive way to achieve corporate tax reform.
- Robert Breunig and Kristen Sobeck
‘Radical, illogical’ cap on super ASX stakes would cost savers
Instead of helping Australians buy ASX shares, a cap as proposed by Andrew Bragg would just help foreign capital own more of the market, industry experts warned.
- Hannah Wootton
The super funds where customers are retiring faster than new ones join
The research from KPMG comes as the $3.6 trillion superannuation industry heads towards the point it is paying out more cash than it brings in.
- Hannah Wootton
Boomer ‘wave’ of outflows starts to hit super
Australia’s biggest retail superannuation funds are paying out billions more dollars in cash than they are bringing in as baby boomers reach retirement age.
- Updated
- Hannah Wootton
Investors to be stung by $250m in new advice fees
A tax office ruling will see investors pay 7.5 per cent more for advice obtained from super funds and platforms, despite government moves to cut advice costs.
- Michelle Bowes
‘Super-sized hole’ in budget as Treasury revises tax take
Treasury has cut $11 billion from its four-year estimates of revenue from superannuation taxes, as “overly large tax concessions” keep benefiting the richest retirees.
- Hannah Wootton
- Analysis
- Tax disputes
Lendlease tax whistleblower’s 12-year fight for vindication
Lendlease’s tax dispute could cost it at least $112m, but whistleblower Anthony Watson has lost his job, battled depression and is about to sell his family home.
- John Kehoe
