NEWS

Justin Epstein was recently asked by the Property Funds Association to provide a presentation to fledgling property fund managers or companies thinking of entering the property funds management space in Melbourne. Hosted by HLB Mann Judd, the seminar had 5 presenters and ran for two hours. A copy of Justin’s slides can be accessed here….

We are pleased to announce that Yorkway Partners has acquired a 25% interest in One Investment Group. This partnership aligns One Investment Group with a credible and experienced organisation that will provide ongoing capital as we corporatise and grow our core businesses through organic growth and strategic deals.  As part of the transaction Paul Batchelor,…

One Investment Group is pleased to announce it has launched four funds compliant with the Attribution Managed Investment Trust regime today. This enables the funds to apply a more streamlined approach to distributing trust income to investors, through the ‘attribution model’ which replaces the current ‘present entitlement’ model. The funds will also enjoy other benefits…

AMIT Regime On 5 May 2016, the Tax Laws Amendment (New Tax System for Managed Investment Trusts) Act 2016 (AMIT Act), which establishes a new tax system for managed investment trusts (MITs), received Royal Assent. The rules under the AMIT Act (AMIT Regime) apply from 1 July 2016 unless the trustee of the MIT chooses…

From 1 July 2016, the transfer of marketable securities, being shares and units transactions will no longer be subject to stamp duty in New South Wales (outside of the Landholder provisions).  Despite this deadline, many remain sceptical as to whether the State Government will step in at the final hour and once again defer the deadline…

New Collective Investment Vehicles In the Australian Government’s 2016-2017 budget papers, it will introduce two new collective investment vehicles (CIV): a corporate collective investment vehicle for the income years starting on or after 1 July 2017; and a limited partnership collective investment vehicle for the income years starting on and after 1 July 2018, which…

Background The AML/CTF Act commenced operation on 12 December 2006 and together with Rules and Regulations, a regime was established for the purposes of combating money laundering and terrorism financing and to meet the global standards developed by Financial Action Task Force (FATF), the lead inter-governmental body that develops and promotes implementation of international anti-money…

On 17 March 2016, the Tax Laws Amendment (Tax Incentives for Innovation) Bill 2016 was released by the Government.  The Bill contains the proposed new tax regime for early stage investors and start-ups and follows those incentives previously announced by the Government at the National Innovation and Science Agenda in December 2015. The benefits under the proposed regime will be available to all…

Senate Committee Recommendation On 10 March 2016, the Senate Economics Legislation Committee (Committee) published its report which recommended that the Senate pass the proposed tax regime for managed investment trusts under the Tax Laws Amendment (New Tax System for Managed Investment Trusts) Bill 2015 (AMIT Bill). The Committee believes “that the new tax system for…