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Showing 61 - 70 of 2239 results for "Budget"

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
... expecting the unemployment rate to be just a touch over 4%," he said. This is based on both the impact of the government's budget and the RBA's increase in interest rates. "This is our ambition and our hope, but it's also our expectation," he said. However ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... loans. President Biden labelled the agreement "good news" when delivering his address. "We've reached a bipartisan budget agreement that we're ready to move to the full Congress," he said. "I think it's a really important step forward, it ...

Lazard implements new leadership

CHLOE WALKER  |  MONDAY, 29 MAY 2023
... director and vice chair of investment banking. Prior to Lazard, Orszag served as the director of the office of management and budget in the Obama Administration. "Peter is the optimal choice as the next chief executive of Lazard," Lazard lead independent ...

Treasury proposes upping supervisory levies

ANDREW MCKEAN  |  FRIDAY, 26 MAY 2023
... levy funding requirement for Commonwealth agencies such as ASIC and the ACCC was completely eliminated from the 2023-24 Budget, accounting for a $3.6 million reduction in the total financing required. Further, a slight decline (-1.6%) in the levy for ...

Australians prioritise financial independence: Research

CASSANDRA BALDINI  |  TUESDAY, 23 MAY 2023
According to new data, the nation is swapping out the dream of a white picket fence for the dream lifestyle and combating the cost of living with strengthening financial literacy. Insignia Financial released its inaugural Financial Freedom Report, conducted ...

Fitch gives Labor budget AAA rating

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
For the first time under a Labor government, Fitch has handed down a AAA rating to the May budget. In a statement, Fitch applauded the government for its spending restraint and said the nation's public finances had outperformed expectations. "The commitment ...

AEP, GSFM launch Australian film fund

CHLOE WALKER  |  MONDAY, 15 MAY 2023
... This was reinforced by the federal government's increase of the Location Offset from 16.5% to 30% announced in last week's budget, he noted. "An Australia-based fund is in a better position to maximise these than a foreign producer or studio could access ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
Stakeholder responses to the federal budget are mixed at best, with many believing key measures require further consideration and consultation. Perhaps the measure that will most impact the financial services industry, the government remained firm in ...

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... expenditure incurred by superannuation funds - however, the industry says it requires further consideration. In last night's budget, the government proposed that for SMSFs and small APRA-regulated funds, income that is currently taxable as NALI will ...

ASIC, APRA reviewer deprioritised by government

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... regulators every two years. However, the government has moved to change this to once every five years, in what it deems a budget saving. Outlining the additional $162.4 million in resourcing it will provide itself in delivering on Treasury priorities ...