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Superannuation civil penalties for breaches of sole purpose
12th Nov 2007
The Federal Court has fined the husband and wife trustees of a self managed superannuation fund $A20,000 and $A10,000 respectively.
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CSS superannuation pension case: ATO Decision Impact Statement
9th Nov 2007
The Australian Taxation Office (ATO) has published a Decision Impact Statement relating to the decision of the Administrative Appeals Tribunal in Hamilton v Commissioner of Taxation.
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Coalition and Labor proposed tax rates and thresholds
8th Nov 2007
The Coalition has pledged $A34 billion in tax cuts, while the Australian Labor Party has promised cuts worth $A31 billion.
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Stocks dance to tune on Wall St
8th Nov 2007
The Australian sharemarket continued to rally on 7 November 2007, despite the latest interest rate rise.
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Prosperity loosens purse strings
7th Nov 2007
Many Australians now include philanthropy as part of their investment strategy.
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Holidays and fuel push inflation to new rates
6th Nov 2007
TD Securities and the Melbourne Institute have issued new data on inflation in Australia.
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Retiring with ease
1st Nov 2007
The Australian Government's new Transition to Retirement program is ostensibly aimed at those people age over 55.
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Corporates limber up for MIS battle
31st Oct 2007
Peter Dutton, the Revenue Minister, announced in late 2006 that investors in agricultural managed investment schemes would no longer be allowed tax breaks.
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Personal income tax reform: consensus, outliers, specifics and some sensitive issues
30th Oct 2007
A number of proposals for changing Australia's personal income tax system have been put forward in recent years.
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Instalment warrants in the spotlight
29th Oct 2007
A striking reform has been made to Australian laws on do-it-yourself (DIY) superannuation funds.
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