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Showing 21 - 30 of 35 results for "MYEFO"

Ho ho hum MYEFO

BENJAMIN ONG  |  TUESDAY, 19 DEC 2017
... months made. More specifically the time Budget 2017-18 was released last May to the Mid-Year Economic and Fiscal Outlook (MYEFO) released yesterday. The difference is A$5.8 billion. This is the improvement in the country's budget deficit forecast for ...

Budget Eve

BENJAMIN ONG  |  MONDAY, 8 MAY 2017
... change to spare. It's a good starting point for the Budget too. Recall that in the Mid-year Economic and Fiscal Outlook (MYEFO)2016-17, the government lowered its real GDP prediction to 2.75% for FY2017/18 from 3% forecasts in May last year. The forecast ...

MYEFO: Surplus of promises

BENJAMIN ONG  |  TUESDAY, 20 DEC 2016
... message from Australian Federal Treasurer Scott Morrison's Budget update where the Mid-Year Economic and Fiscal Outlook (MYEFO) report showed the budget deficit beamed up by a cumulative A$10.3 billion over the next four years to FY2019/20. (The May ...

Super tax receipts to reach $8bn: MYEFO

DARREN SNYDER  |  MONDAY, 19 DEC 2016
... the path to surplus the new Turnbull Government had already implemented Budget repair measures exceeding $22 billion. The MYEFO also contains a revised estimate of the value of un-legislated budget repair measures still to be supported by the parliament ...

Ageing Australia will impact budget for next decade

DARREN SNYDER  |  FRIDAY, 29 JAN 2016
... forecast to be close to the post-GFC peak, and could have been higher were it not for the measures taken by the government in MYEFO." Fraser said more recent savings measures are helping and the payments-to-GDP ratio will decline over the budget forward ...

MYEFO writes down billions in super fund taxes

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
... superannuation funds will not have the greatest 2016 after significant tax write downs in the Mid-Year Economic and Fiscal Outlook (MYEFO) were released yesterday. Superannuation fund taxes have been written down $1.4 billion (14.9%) in 2015-16. A total ...

ISA appoints retirement policy adviser

MARK SMITH  |  MONDAY, 22 JUN 2015
... first three Intergenerational Reports (2002, 2007, 2010) and the medium term projections in Budgets and updates including MYEFO and PEFO until 2013. Gallagher has published numerous papers, represented Australia at a variety of OECD and international ...

Good Budget, bad Budget

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2015
... of GDP in 2013/14) would turn into a surplus of around 0.1% of GDP by 2017/18; changed into a 0.3% of GDP deficit in the MYEFO (Mid-year Economic and Fiscal Outlook) papers last December; changed into a 0.5% of GDP deficit last night. To be sure, a surplus ...

Mining capex in a hole

DARREN SNYDER  |  FRIDAY, 24 APR 2015
... rate looking forward, at a time when we're getting a big negative income shock. "One thing that surprised me is even in the MYEFO statement that was released late last year, the government's own nominal GDP forecast was realised for this fiscal year ...

Spain here we come

BENJAMIN ONG  |  THURSDAY, 15 NOV 2012
... budget surplus of 2% of GDP five years ago that turned into a 9.4% deficit by 2011. The Mid-Year Economic and Fiscal Outlook (MYEFO) forecast a A$1.1 billion surplus in 2012/13, roughly 0.1% of GDP. But Australia could not follow Spain's path. No siree! ...