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Showing 51 - 60 of 120 results for "Tax System"

Seniors weigh in on national tax discussion

DARREN SNYDER  |  FRIDAY, 2 OCT 2015
... and should be introduced in tandem with measures to enhance efficiency. "To re-strengthen the progressivity of the tax system and make the subsidisation of savings more transparent, the tax rates and thresholds for mandatory superannuation contributions ...

Aussie pension policy needs careful adjustment: IMF

DARREN SNYDER  |  THURSDAY, 1 OCT 2015
... superannuation system disproportionately benefits higher-income earners and "undermines the progressivity of the income tax system." The IMF's latest economic assessment of Australia says low income earners lose out where subsidies are insufficient to ...

Turnbull expected to dust off shelved policies

LAURA MILLAN  |  TUESDAY, 15 SEP 2015
... passed by Parliament into law. "This is likely to include getting the budget back under control, reforming Australia's tax system, reducing bureaucracy. The commitment to free market economic policies, including free trade deals, is likely to remain." ...

Raising Preservation Age could be problematic

DARREN SNYDER  |  WEDNESDAY, 8 JUL 2015
... benefits to their retirement savings by working up to the age of 65. FSC chief executive, Sally Loane, said Australia's tax system will not be able to support future generations if they continue to retire at 60. The Productivity Commission's research ...

GST increase would deliver $42 billion: FSC

DARREN SNYDER  |  MONDAY, 6 JUL 2015
... nation has a higher reliance on consumption taxes. Bragg said as Australia reorients its focus to services exports, "our tax system will need to promote Australia's competitiveness." "Unlike mining and resources competitor nations, our competitors in ...

Graccident averted (yet again)

BENJAMIN ONG  |  TUESDAY, 23 JUN 2015
... offered to raise the retirement age gradually to 67 and curb early retirement. It also offered to reform the value-added-tax system to set the main rate at 23%. And it promised additional taxes on business and the wealthy." Markets are happy because ...

Tax reform cannot be deferred any longer: AVCAL

DARREN SNYDER  |  TUESDAY, 2 JUN 2015
Improving Australia's tax system will allow greater access for equity capital investment in to local businesses and boost the entrepreneurial potential of the economy according to Australian Private Equity & Venture Capital Association Limited (AVCAL). ...

Morrison protects homes from Age Pension means test

DARREN SNYDER  |  THURSDAY, 7 MAY 2015
... they will become fully self-funded retirees." Morrison said it means the government must retain the incentives in the tax system for superannuation. "The government doesn't support Labor's proposal to tax superannuants more on the income they have generated ...

Hockey sounds tax alarm bells

ALEX BURKE  |  THURSDAY, 9 APR 2015
... Joe Hockey has restated the dangers of an outdated taxation system. In a statement, he noted that Australia's current tax system was "built before the 1950s, before black-and-white televisions first appeared in Australian lounge rooms." He argued that ...

Treasury invites submissions to draft MIT tax changes

MARK SMITH  |  THURSDAY, 9 APR 2015
Treasury is inviting submissions on proposed changes to the tax system for managed investment trusts, which are aimed at improving the international competitiveness of Australian managed funds. The exposure draft legislation has been developed in close ...