Latest Australian Taxation News

BlackRock Investment Management (Australia) has announced estimated cash distributions for 16 Australian iShares ETFs, with payments scheduled for mid-July 2026. Investors must be registered by 2 July and ensure bank details and tax certifications are up to date.

Euroz Hartleys is set to sell its Capital Markets division to BMO Financial Group for A$145 million, refocusing on its Private Wealth operations and returning proceeds to shareholders.

State Street Global Advisors has announced a cash distribution of 35.6022 cents per unit for the SPDR S&P/ASX 200 Listed Property ETF (SLF) for the period ending 30 June 2026, alongside franking and foreign tax credits.

The Australian Taxation Office has issued a Class Ruling detailing the income tax implications for Red Metal shareholders who received Maronan Metals shares as a return of capital. This guidance aims to provide clarity following the May in-specie distribution.

Qube Holdings confirms progress on regulatory approvals for its $5.20-per-share takeover scheme by Rubik Australia, with a shareholder meeting scheduled for June 16 and plans for a special dividend.

FireFly Metals secures ATO Class Ruling confirming its in-specie distribution of Bellavista shares as a capital return, not a dividend, clarifying tax treatment for Australian shareholders.

ParagonCare anticipates recovering up to 32.5% of its exposure to the insolvent Infinity Retail Pharmacy Group, while maintaining a steady FY26 earnings outlook amid cost pressures.

Whitefield Income Limited is raising up to A$108 million through a 2 for 5 entitlement offer priced at A$1.22 per share, aiming to boost its net asset value and expand its investor base.

The Australian Taxation Office has issued a Class Ruling confirming scrip for scrip capital gains tax roll-over relief for Diversified United Investment shareholders following their merger with Australian United Investment Company.

FireFly Metals has completed an in-specie distribution of 60 million Bellavista shares to eligible shareholders following the sale of its Ontario gold projects. Trading in Bellavista shares begins 12 May 2026, while FireFly awaits an ATO ruling on tax implications.

BlackRock Investment Management (Australia) Limited has confirmed cash distributions for four Australian iShares ETFs, with payments scheduled for mid-May and the Distribution Reinvestment Plan open for investors.

Andromeda Metals has secured a $1.66 million cash refund from the Australian Government's R&D Tax Incentive program, reflecting $3.4 million of eligible expenditure tied to its Great White Project.