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Showing 71 - 80 of 358 results for "Federal Budget"

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... the six months prior to the pandemic." "Such a development must be attributable to the response to the October Federal Budget; ongoing success across the nation in containing the COVID-19 outbreak; and the expectation that the Reserve Bank Board is likely ...

Proposed changes ahead for APRA's heatmaps

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... Authority is considering making changes to its MySuper Heatmap to reflect the reforms proposed by the government in the federal budget. Speaking at the Australian Institute of Superannuation Trustees Online Chair Forum, APRA deputy chair Helen Rowell ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... at a Financial Services Council (FSC) event about the Your Super, Your Future package announced as part of the federal budget this week. FSC chief executive Sally Loane started the event by pointing out that Hume "gave nothing away" about the impending ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
Opposition leader Anthony Albanese has unsurprisingly spoken out against the Morrison government's federal budget, saying it has failed to create much needed jobs. Taking to Twitter, Albanese said: "Being a leader means taking responsibility - in the ...

Budget boosts female participation

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
This year's federal budget will help advance gender parity in the workforce and uphold the financial security of women, which has been knocked back by the coronavirus pandemic. Federal Treasurer Josh Frydenberg is making sure women are not left ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... independent panel on July 24 but still hasn't been published wider. The retirement income covenant, announced in the federal budget two years ago, was delayed from a 1 July 2020 start date to 1 July 2022. "[This is] to allow continued consultation ...

Frydenberg focusses on jobs, jobs, jobs

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... pensioners and other eligible recipients. Social security and welfare was predicted to make up 33.9% of the total Federal budget. Assistance for people with disabilities was the second largest social security expense at $56 billion. Expenditure on the ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
The Morrison government has handed down the 2020 federal budget, confirming Australia's largest ever deficit and announcing major changes to superannuation. As was largely anticipated, Treasurer Josh Frydenberg has revealed a record deficit of more ...

Tax concessions, infrastructure in focus for budget

ELIZA BAVIN  |  FRIDAY, 2 OCT 2020
The Prime Minister has given an indication of what will be revealed in next week's federal budget with a focus on tax cuts and increased infrastructure spending. Prime Minister Scott Morrison gave the insight during his National Press Club address ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... likely to be, as we saw in March, a Team Australia moment where the Reserve Bank is directly supporting a bold Federal Budget..." "The prospect of the RBA "sitting back" to assess the Budget, which has been seen as the "norm" in previous years is not ...