Cash concerns: a fund you can really trust

Article Abstract:

The Australian government's tax policy regarding cash management trusts provides benefits to investors. Government policy provides a better return for cash management trusts than for cash management accounts. Cash management trusts are safe and can offer similar services as bank accounts, such as checking and phone banking. Cash trusts can be used, for example, by customers who wish to place funds from a house sale in a trust before using them to buy another house.

Author: Freeman, Peter
Australia, Laws, regulations and rules, Trusts and trustees, Trustees, Trusts (Law), Asset management accounts

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Capital idea

Article Abstract:

The market for listed investments in Australia is set to increase as beneficial tax changes come into force in July 2001. The federal government has allowed investors to take advantage of a 50% capital gains tax concession.

Author: Freeman, Peter
Usage, Capital gains tax

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Subjects list: Australia, Taxation, Investments
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