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Showing 111 - 120 of 37620 results for "Will"

Budget 2024: The Budget by numbers

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... 2027-28." Gross debt is expected to peak at 35.2% of GDP in 2026-27 before declining to 30.2% by 2034-35. "This year gross debt will be $904 billion instead of the more than one trillion we inherited - meaning debt is $152 billion lower," Chalmers said. ...

Budget 2024: Stage 3 tax cuts to take effect July 1

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
The Stage 3 tax cuts will go ahead as planned after the Albanese government made some amendments due to the cost-of-living crisis. Coming into effect July 1, every taxpayer will benefit from a tax cut. However, those earning over $180,000 will see their ...

Budget 2024: Change to foreign investment rules

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... Treasurer Jim Chalmers said the government is focused on changing the way the nation attracts and deploys investment. "We will create a front door for investors to accelerate and coordinate transformational projects, establish a domestic National Interest ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
Support will be boosted for Australians facing acute and urgent financial pressures with $138 million to meet sustained high demand for crisis support including emergency relief, food relief and financial support services. Treasurer Jim Chalmers announced ...

Budget 2024: Additional $11.3bn promised for housing

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... grants for the investment from $175 million to $700 million to support crisis and transitional housing. Another $1 billion will be invested to get homes built sooner with funding to go towards states and territories to build roads, sewers, energy, water ...

Budget 2024: $20k instant asset write-off extended

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... write-off by 12 months until 30 June 2025. Small businesses, with an aggregated annual turnover of less than $10 million, will continue to be able to immediately deduct the full cost of eligible assets costing less than $20,000 that are first used or ...

Budget 2024: Regulators given boost to combat misconduct, cybersecurity

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
The government will provide $17.3 million over four years to ASIC and APRA to combat greenwashing and other related financial misconduct and help further develop Australia's sustainable finance market. In a bid to promote the development of sustainable ...

Budget 2024: Government heeds industry calls to better support women

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... paid parental leave. He reinforced that, if Labor wins the next election the Commonwealth Paid Parental Leave (PPL) scheme will include Superannuation Guarantee contributions from 1 July 2025. "... we are very proud that this Budget extends superannuation ...

Budget 2024: Chalmers looks to reset aged care, NDIS

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... billion to reform the aged care sector and close to $500 million to put the NDIS back on track. The government has said it will invest $531.4 million to offer an additional 24,100 Home Care Packages next financial year. It is also providing $87.2 million ...

Wealth firms 'still have PTSD from the Royal Commission': Deloitte

ANDREW MCKEAN  |  TUESDAY, 14 MAY 2024
... analysis from wealth firms to adapt to the changing needs and behaviours of investors, and to understand the impact that will have on future propositions. But Deloitte partner Juanita Knights said at the Stockbrokers and Investment Advisers Association ...