Latest Capital Gains Tax News

Growthpoint Properties Australia reported FY25 results exceeding funds from operations guidance, increased distributions, and achieved its Net Zero Target, while reducing gearing and expanding funds management.

Platinum Asia Investments Limited (PAI) has announced a proposed restructure via a scheme of arrangement to exchange its shares for units in the Platinum Asia Fund Complex ETF (PAXX), aiming to resolve a persistent discount to net tangible asset value (NTA). The scheme, supported by independent directors and deemed fair by an expert, includes a potential special dividend and awaits shareholder and court approval.

Rey Resources Limited has dispatched its Target's Statement recommending shareholders accept an unconditional $0.028 per share cash offer from Vigorous Resources Pty Ltd. The bid, which offers a significant premium over historical prices, opens on 9 July and closes on 11 August 2025.

Kinterra Capital GP Corp. II has increased its takeover offer for New World Resources Limited to A$0.062 per share, presenting shareholders with a superior all-cash proposal compared to rival Central Asia Metals Plc. The offer, backed by Kinterra’s 19.3% stake, aims for full ownership and potential delisting of NWR.

Otto Energy has secured a final Australian Taxation Office ruling clarifying the tax treatment of its recent $0.008 per share distribution, splitting it between a return of capital and a dividend.

Vigorous Resources has launched an unconditional off-market takeover bid for all shares in Rey Resources at a 160% premium, backed by unanimous board support and funding from a major shareholder.

Vigorous Resources has initiated an unconditional off-market takeover offer for all shares of Rey Resources at a 155% premium, with unanimous support from the Rey board. The bid, funded by a major shareholder loan, aims to provide immediate cash value to Rey shareholders and could lead to Rey's delisting from ASX.

Betashares Capital Ltd has released the estimated annual distribution components for its S&P/ASX Australian Technology ETF (ATEC) for the 2024-25 financial year, highlighting a nuanced mix of income types and tax adjustments under the AMIT regime.

Betashares Capital Ltd has released the estimated annual distribution components for its Ethical Diversified Growth ETF (DGGF) for the 2024-25 financial year, highlighting a diverse mix of income sources and tax attributes.

Betashares Capital Ltd has released the estimated annual distribution breakdown for its Global Income Leaders ETF (INCM) for the 2024-25 financial year, highlighting significant foreign income and capital gains components.

Betashares Capital Ltd has announced that its Global Gold Miners Currency Hedged ETF (ASX – MNRS) will distribute 100% of its estimated annual payout as a return of capital for the financial year ending June 2025. This unusual distribution structure raises important considerations for investors regarding tax treatment and fund valuation.

Betashares Capital Ltd has released the estimated annual distribution components for its Global Shares Currency Hedged ETF (HGBL) for the 2024-25 financial year, highlighting a nuanced mix of foreign income and capital gains.