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Showing 181 - 190 of 474 results for "tax"

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023  |  NEWS
... paid a much lower rate." KPMG's proposal aligns with its previous 2022 recommendation of introducing a Carer's Income Tax Offset (CARITO). This tax credit, awarded upon re-entry to the workforce, incentivises carers by recognising the value of ...

Chinese listed companies that invest in ESG show higher quality financial reporting: Study

RACHEL ALEMBAKIS  |  MONDAY, 3 JUL 2023  |  NEWS
... governance are executive pay, corruption, board composition, board diversity, board structure, political affiliations and tax strategies." The study found that "ESG firms can contain firm-specific risks and have more volatile earnings, making earnings ...

Snapshot: The rapid evolution of sustainable investing in Asia

ROSE MARY PETRASS  |  MONDAY, 3 JUL 2023  |  NEWS
Asia is in the midst of a rapid evolution in investment trends as governments, regulators and investors crack down on climate and corporate governance, according to global sustainable investment heads. There are opportunities for investors in the region ...

First two ISSB standards released - what investors need to know

ROSE MARY PETRASS  |  TUESDAY, 27 JUN 2023  |  NEWS
Investors' wishes have been granted with the release of the International Sustainability Standards Board's (ISSB) first two finalised standards - providing guidance for companies to disclose high quality ESG information to investors. The standards ...

Strong demand for green bonds: BNP Paribas Asset Management

RACHEL ALEMBAKIS  |  TUESDAY, 27 JUN 2023  |  NEWS
While returns on green bonds experienced volatility in 2022 in concert with the broader fixed income asset class, strengthening yields and unabated interest in bonds with verifiable green use of proceeds means strong demand, according to BNP Paribas ...

Cost a barrier for SME ambition on net zero: BSI

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUN 2023  |  NEWS
... Business Energy Incentive announced by Treasurer Jim Chalmers in the May budget. The Small Business Energy Incentive is a bonus tax deduction for businesses with annual turnover of less than $50 million, providing an additional 20 per cent deduction ...

Aussie, Kiwi ministers commit to sustainable finance alignment

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
Australia and New Zealand will work to align climate-related disclsures and sustainable finance frameworks across both countries to support businesses that operate across the Trans-Tasman economic region. Australian Treasurer Jim Chalmers and Climate ...

Treasury mandates APRA must consider climate risk in duties

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
Treasury has released an updated statement of expectations for the Australian Prudential Regulation Authority (APRA) which includes the adoption of climate reporting standards by super funds, banks and insurers. "For the first time, the government is ...

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 JUN 2023  |  NEWS
... matter, in which PwC senior partners shared information obtained during a confidential consultation with Treasury concerning tax law changes, has been escalated. In response, AustralianSuper has become the first superannuation fund to freeze any new ...

ASIC chair calls out greenhushing as form of greenwashing

RACHEL ALEMBAKIS  |  MONDAY, 5 JUN 2023  |  NEWS
Greenhushing - in which companies stop all voluntary disclosure of ESG information - is just another form of greenwashing, according to ASIC chair Joe Longo. In a public speech today, Longo provided additional context to the market regulator's focus ...