capital gains

Policy & Regulation

Small businesses to lose out from proposed negative gearing changes

More than $1.8 billion per year in repair and maintenance work on negatively geared homes could be lost if Labor goes ahead with its policy to impose restrictions on the ...

Policy & Regulation

Labor’s negative gearing policy to apply to all investments

The Australian Labor Party’s negative gearing restrictions would apply across the board to all investments, according to the Tax Institute....

Editorial

A budget of costs and complexity

The Government’s 2017 Budget changes to financial services may have been modest but Mike Taylor writes that they will come at considerable cost....

Financial planning

Focus on capital gains tax relief ups ahead of 1 July

The most common queries in the March quarter for BT Advice were around the capital gains tax relief....

Excess super contributions amendments passed

The Federal Government has passed legislation to remove punitive tax rates on excess superannuation contributions, with the support of the opposition....

Superannuation

Blow-out warning on super tax concessions

The Australia Institute has pointed to the danger of a blow-out in the cost of the tax concessions granted to super....

Financial planning

Digital currencies not financial products, yet

ASIC says bitcoins and other digital currencies are not financial products but that derivatives may evolve. ...

Financial planning

Northward Capital gains institutional mandate

Northward Capital picks up Uniting Financial Services mandate. ...

Policy & Regulation

FOFA windback hurts consumers who have received advice

The disallowance of the Future of Financial Advice amendments may hurt consumers who will not be able to access scaled advice and may be forced to change to less suitable...

Financial planning

Problematic saving habits evident in gen X women

Generation X women are mimicking the risk-cautious investment habits of retirees, a problematic trend considering they are in their prime accumulation phase. ...

Life/Risk

More to property than residential

Investors looking to buy into the property market should consider how their financial goals can be met and whether commercial property will help them reach those targets,...

Superannuation

SMSFs warned against residential property

SMSFs investing in residential property should look for “impartial advice” rather than falling for those looking to make a sale, an accountant and financial adviser firm ...

Policy & Regulation

ATO issues Bitcoin guidance

The ATO said Bitcoin transactions should be considered as barter transactions with similar tax outcomes....

Financial planning

ATO tax rejig to hit fund managers and super funds

Fund managers and superannuation funds will be required to make changes in the reporting of taxation that will be comparable in scope with those made for SuperStream unde...