We Face a Huge CGT Bill because an Investment Fund Is Closing

Couple ordered to pay developer's $144,000 resale loss on B.C. condo after failing to close

A retired couple who failed to close on an $800,000 Vancouver Island condo they had bought because they were worried about a water leak have been ordered to pay the developer $144,000.

Labor defends CGT backflip in federal budget

The Albanese government’s fifth federal budget has delivered a controversial backflip on a key tax, but Jim Chalmers is defending it as necessary.

We face a huge CGT bill because an investment fund is closing

We now have to withdraw our shares when the value is reduced, and will be liable for a fairly substantial CGT bill, through no fault of our own.

JPMorgan Chase-led bank group reins in credit line to troubled KKR private credit fund as losses mount

The KKR fund, often referred to by its ticker, FSK, has become one of the most visible fault lines in the private credit story.