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Showing 91 - 100 of 357 results for "Federal Budget"

Record Budget spend for older Australians

ELIZABETH MCARTHUR  |  TUESDAY, 2 APR 2019
In tonight's Federal Budget, Treasurer Josh Frydenberg announced a record $21.6 billion for older Australians. He said the money will go towards ensuring that older people can access higher-quality and safer aged care in 2019-20 and will be an increase ...

Regulators receive pre-Budget funding boost

HARRISON WORLEY  |  MONDAY, 25 MAR 2019
... weekend, Treasurer Josh Frydenberg announced an extra $550 million would be dedicated to ASIC and APRA in the upcoming Federal Budget, boosting the regulators' budgets by 25% and 30% respectively. ASIC is set to receive an extra $400 million, which Frydenberg ...

Australia in effective recession: Academic

KANIKA SOOD  |  THURSDAY, 7 MAR 2019
... growth. The fact it is not, is further evidence Australia's economy is stagnating. Holden also believes the Federal Budget on April 2 will have further goodies for voters in the run-up to the election and Australian taxpayers are unlikely to face ...

Financial Standard unwrapped: Our top stories in 2018

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... financial advisers remaining according to ASIC's AFSL register. What the 2018 Budget means for you The 2018 Federal Budget brought more changes to the superannuation system and beefed up the funding of APRA and ASIC as the Royal Commission began ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
The 2019 Federal Budget is projected to deliver a $4.1 billion surplus, up from the $2.2 billion estimate in this year's Budget. Financial services regulators have also received increased funding in the government's Mid-Year Economic and Fiscal ...

Labor franking credit changes fair but not the best: Grattan

KANIKA SOOD  |  MONDAY, 26 NOV 2018
... Grattan Institute has called Labor's plan to end refunds of excess franking credits a "fair way" to improve the Federal Budget but it is still "second-best" as there are better solutions. Grattan's budget policy director Danielle Wood and fellow ...

MetLife scores group insurance mandate

KARREN VERGARA  |  TUESDAY, 9 OCT 2018
... partnership that aligns with our values and addresses the specific needs of the fund," Connor said. He said the proposed Federal Budget changes to insurance inside super pose another level of complexity and uncertainty, and the fund needed to partner ...

Super industry welcomes Age Pension backflip

HARRISON WORLEY  |  THURSDAY, 6 SEP 2018
... government has abandoned plans to increase the pension age to 70 by 2035. The plans were first announced in the 2014-15 Federal budget by then-Treasurer Joe Hockey. "We are pleased that the Morrison government has abandoned Coalition plans to increase ...

Industry fund cuts admin fee

KANIKA SOOD  |  THURSDAY, 30 AUG 2018
A $72 billion industry superannuation fund is cutting its administration fee for lower-balance accounts - a change which affects one-quarter of its members. UniSuper members with account balances lower than $4800 will now pay 2% of the account balance ...

Group insurers pressed for resources

KANIKA SOOD  |  MONDAY, 30 JUL 2018
... Brett Clark and APRA's Adrian Rees. The session was led by MLC Life Insurance's David Hackett. In May's Federal Budget, the Government said by 1 July 2019, group life insurance will move from a default framework to an opt-in extra for those ...