How Australia's New Super Tax Will Hit Retirement Savings
Today's must-reads:
• Super tax explained
• Melbourne billionaires
• Aukus in trouble?
What does the proposed new tax on A$3 million super balances mean for retirement savers? I teamed up with my colleague Richard Henderson to see how wealth managers are planning for the rule change. Also, take a listen to our latest podcast, where host Chris Bourke asks Rich to unpack how the new tax works, and who will be affected. Listen and follow The Bloomberg Australia Podcast on Apple, Spotify, on YouTube, or wherever you get your podcasts. Terminal clients: Run {NSUB AUPOD } on your desktop to subscribe.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
16 minutes ago
- Bloomberg
Axon Uses AI to Enhance Public Safety
Axon President Josh Isner joins Open Interest to discuss AI innovation in public safety, aiding the government with new technologies, and expansion plans to international and enterprise sales. (Source: Bloomberg)
Yahoo
44 minutes ago
- Yahoo
Oppenheimer Backs ServiceNow (NOW) as AI-Fuelled Workflows Support Growth Outlook
ServiceNow Inc. (NYSE:NOW) is one of the best large-cap tech stocks to buy now. On July 24, Oppenheimer analyst Brian Schwartz reiterated his Buy rating on ServiceNow and lifted the price target to $1,150 from $1,100. He pointed to strong sales execution, solid margins, and contract revenue in the first half of the year that exceeded expectations. Copyright: melpomen / 123RF Stock Photo Schwartz's update came after ServiceNow posted better-than-expected Q2 2025 results and guided solid subscription revenue growth for Q3. The management is now forecasting about $3.26 billion in subscription sales, slightly ahead of the $3.21 billion average analyst estimate compiled by Bloomberg. The company credited much of the momentum to strong uptake of its generative AI offering, Now Assist, which is available only through higher-priced subscription plans. CFO Gina Mastantuono noted that bookings for the AI tool exceeded expectations, driven by both larger contract values and a higher volume of deals. Schwartz also noted that third-quarter guidance came in ahead of forecasts, supporting potential upside to 2026 estimates. With healthy IT spending trends and growing adoption of AI and back-office solutions, he believes ServiceNow is well-positioned to sustain its momentum through the remainder of 2025 and beyond. ServiceNow Inc. (NYSE:NOW) provides a cloud-based platform for digital workflows, enabling organizations to automate and optimize their business processes. Its Now Platform offers solutions across IT service management, customer service, HR, and other areas. While we acknowledge the potential of NOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Best Defensive Stocks to Invest in According to Analysts and 10 Most Oversold Semiconductor Stocks So Far in 2025. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
44 minutes ago
- Yahoo
Arcadea, Through Its Entity Vellox Group, Acquires ADSoftware in Bold Move to Disrupt Aviation Software Landscape
CLUSES, France & TORONTO & ADELAIDE, Australia, August 13, 2025--(BUSINESS WIRE)--Vellox Group, the global leader in unified aviation operations software, today announced the acquisition of ADSoftware ("ADS"), a French-based provider of CAMO and maintenance software trusted by high-criticality aviation operators around the world. This move expands Vellox's platform into the maintenance domain, creating an unprecedented one-stop solution for operations and airworthiness management. ADS joins Vellox's mission to deliver the industry's most comprehensive and integrated platform for aviation operators, offering unified workflows that eliminate silos between flight operations and maintenance. With ADS onboard, Vellox now covers the entire operational and maintenance lifecycle. Over 70 ADS customers will benefit from access to Vellox's global infrastructure, advanced product development resources, and 24/7 support. All ADS employees will remain in place and join Vellox, ensuring service continuity and accelerating innovation. ADS's flagship ERP, AIRPACK, will be rebranded under the Vellox umbrella as part of the unified platform strategy. "ADSoftware is a natural fit for Vellox's disruptor vision," said Aleksandra Banas, CEO of Vellox Group. "Together, we're reshaping how aviation operators run their businesses from the cockpit to the hangar—with a single, integrated platform." The acquisition strengthens Vellox's position in mission-critical aviation sectors such as EMS, defense, and industrial operations—segments that demand zero compromise on compliance, safety, and reliability. Integrating flight, crew, and maintenance data unlocks predictive analytics, smarter compliance tools, and improved operational uptime, setting new industry benchmarks. "Joining Vellox is a major milestone. We're excited to scale globally while staying true to our roots in innovation, product excellence, and long-term customer partnerships," said Inès Gur, Acting Managing Director of ADSoftware. The unified platform will give operators access to: Seamless workflows across planning, dispatch, safety, and maintenance A single, cohesive user experience Advanced decision support and analytics tools Elevated compliance and audit-readiness "ADS is the missing piece that makes our platform unrivaled," said Krister Genmark, SVP of Revenue at Vellox. "No one else offers a fully unified ecosystem for high-criticality aviation like we now do." "ADSoftware exceeds every benchmark we set for our investments—founder-led, product-first, and beloved by customers. We're thrilled to welcome ADS into the Vellox platform and to support its continued innovation on a global scale," said Paul Yancich, Managing Director at Arcadea Group. For more information on Vellox Group and its innovative aviation software, visit About ADSoftwareFounded in 1998 in France, ADSoftware provides modular ERP solutions for maintenance and airworthiness management. Its customers span airlines, military fleets, MRO providers, and helicopter operators. Known for reliability and regulatory depth, ADS's AIRPACK suite supports CAMO and MRO operations worldwide. About Vellox GroupVellox Group is the world's most unified aviation software platform, formed by combining Flight Vector, Spidertracks, Air Maestro, Complete Flight—and now ADSoftware. Serving emergency, defense, utility, and government operators, Vellox delivers data-rich, fully integrated tools for flight ops, dispatch, safety, crew, and maintenance. About Arcadea GroupArcadea Group is a permanent capital investor in founder-led vertical software businesses. With a long-term investment approach, Arcadea enables its companies—like Vellox—to pursue bold innovation and sustained market leadership in mission-critical sectors. View source version on Contacts For media inquiries, please contact: Krister Genmark – SVP, Revenue, Vellox Group (kgenmark@ Yancich – Managing Director, Arcadea Group (yancich@
