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Showing 51 - 60 of 357 results for "Federal Budget"

Family law super reforms released

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... along with removing the $450 monthly income threshold for super contributions, which was recently scrapped in the federal budget. "Superannuation is often the biggest - or only - asset in a relationship. Importantly, this new measure will speed up what ...

Accessing super cements inequality: Report

ELIZABETH MCARTHUR  |  TUESDAY, 25 MAY 2021
... the pandemic, the study found. "Opportunities to recoup these losses are likely to be limited, with the recent federal budget predicting continued low wage growth and a continued shift to part time work," the report's author Emily Porter, who is a fellow ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... budgets. AIST head of advocacy Mel Birks updated the Conference of Major Superannuation Funds on what the latest federal budget changes mean for super funds, saying they are nothing compared to those included in its predecessor. The removal of the $450 ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
Just about everyone is a winner in this year's federal budget, with treasurer Josh Frydenberg extending tax cuts, significant measures to enhance women's economic security and a $15 billion infrastructure spend. Delivering the 2021/22 federal ...

Aged care expenditure to jump 37%

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
The aged care sector is set for a major boost to address problems raised in the Royal Commission and prepare for the coming wave of aging retirees. Aged care expenditure will increase 7% during 2021-22 to $24.3 billion and by 37% over the next four ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
Ahead of the federal budget tonight, there is already some good news for the superannuation sector and small businesses. Treasurer Josh Frydenberg has released details about a few initiatives that will be included in the budget. The government will ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
Ahead of tomorrow's federal budget, the government announced a raft of measures aimed at increasing home ownership levels, including the expansion of the First Home Super Saver Scheme. The government is increasing the maximum amount of voluntary contributions ...

Government launches digital economy strategy

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
... digital transformation of the economy and measures to encourage business investment in technology, ahead of the federal budget. The digital economy strategy includes $111.3 million to accelerate the rollout of the Consumer Data Right in banking, energy ...

AustralianSuper subverts stapling logic

KARREN VERGARA  |  FRIDAY, 9 APR 2021
... members". Silk also argued for the inclusion of administration fees in the new benchmark tests. In the October 2020 federal budget, Treasurer Josh Frydenberg introduced a test for MySuper. Such products that underperform their benchmark by 0.5 percentage ...

Tax concessions failing women: Research

ANNABELLE DICKSON  |  TUESDAY, 6 APR 2021
... commissioned by the Australia Institute from the Centre for Social Research and Methods revealed tax concessions cost the federal budget $60 billion per year with the majority benefiting men. The four tax concessions consist of negative gearing, superannuation ...