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Showing 21 - 30 of 45 results for "Budget of"

Treasurer flags super cap exemptions

DARREN SNYDER  |  FRIDAY, 19 AUG 2016
... there is an exemption of up to $1.9 million for small business sales. "There are the exemptions that existed before the Budget of $1.4 million for matters that dealt with the assets in a small business or the sale of the business itself," Morrison said. ...

CalPERS names new chief executive

DARREN SNYDER  |  FRIDAY, 15 JUL 2016
... industry for 16 years. As chief executive Frost will oversee the fund's operations which includes 2870 employees, a budget of more than US$1.7 billion, and programs spanning retirement benefits administration, health care delivery, investments, finance ...

What the budget means for you

MARK SMITH  |  TUESDAY, 3 MAY 2016
The first budget of the Turnbull government will impact financial services companies operating right across the Australian wealth creation value chain from the largest institutions right down to smallest independent advice firms. Treasurer Scott Morrison's ...

No change to super tax subsidy measure

ALEX DUNNIN  |  FRIDAY, 4 DEC 2015
... its report into its review of the Tax Expenditures Statement (TES) that tries to measure the cost to the Commonwealth Budget of tax concessions by taxpayers. Superannuation lobby groups aligned to the wealth management sector have long argued that the ...

Super lifetime cap could increase budget costs: Budget Office

LAURA MILLAN  |  MONDAY, 23 NOV 2015
Placing a lifetime cap on voluntary superannuation contributions could actually end up costing more money to the budget, a report by the Parliamentary Budget Office (PBO) commissioned by the Greens found. The Greens commissioned the report in light ...

Super becoming the fifth estate

ALEX DUNNIN  |  MONDAY, 14 SEP 2015
... in the financial business media such as, "To make a big public announcement it may be this is part of the marketing budget of the particular fund". The most disappointing aspect to silly comments like this and from Frydenberg is they show how little ...

ALP outlines superannuation tax policy

ALEX DUNNIN  |  WEDNESDAY, 22 APR 2015
The federal ALP opposition has outlined a change to their superannuation tax policy that they estimate could save $1.4 billion per year and help rebalance superannuation. The policy was outlined by shadow Treasury spokesperson Chris Bowen who said it ...

Super tax subs worth $30bn in 2014

ALEX DUNNIN  |  TUESDAY, 3 FEB 2015
... approaches, Treasury figures reveal superannuation taxation in their current form impose a drag on the Commonwealth Budget of more thanA $100 billion over four years, which is why the cost of these superannuation taxation subsidies is increasingly being ...

Abbott's PPL scheme to hit Australia's charities

ALICE URIBE  |  FRIDAY, 23 AUG 2013
Federal treasurer Chris Bowen maintained his attack on the Coalition's proposed 1.5% levy on business that is intended to cover the paid parental leave (PPL) scheme, calling it "a retrograde step of quite enormous proportions." Speaking this morning ...

Abbott's PPL scheme to cost retirees $1.6 billion in hidden tax

JAMES FERNYHOUGH  |  THURSDAY, 22 AUG 2013
Superannuants and lower-income shareholders could be coughing up $1.6 billion towards the Coalition's paid parental leave (PPL) scheme, it has emerged. The Coalition has said it will, in part, pay for the PPL through a 1.5% levy on business earnings ...