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Showing 81 - 90 of 2235 results for "Budget"

Ad hoc changes to super scare self-funded retirees: ASA

CHLOE WALKER  |  MONDAY, 24 APR 2023
The Australian Shareholders' Association (ASA) has noted several issues it has with the government's super tax concessions proposals, including the taxing of unrealised profits on asset movements and lack of transition period. In its submission, the ...

Princeton endowment fund chief to retire

CHLOE WALKER  |  MONDAY, 17 APR 2023
... Since joining in 1995, Golden has contributed almost US$20 billion to fund nearly every aspect of the university's overall budget, including Princeton's pioneering no-loan financial aid and recent financial aid enhancements that allow students from families ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... retirement income, and elevate service standards for major financial institutions. At an Industry Super Australia (ISA) pre-budget event, Jones said that the government wants to form a national consensus regarding a clear objective for the Australian ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... response to global economic uncertainty is responsible economic management and that will be displayed in the May federal budget. Speaking in Washington DC at the G20 Finance Ministers' and Central Bank Governors' Meeting and International Monetary Fund ...

Aussies happy with compulsory super: Data

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... these workers have no super at all in retirement," commented ASFA deputy chief executive Glen McCrea. "The upcoming federal budget provides an opportunity to bring the self-employed and gig economy workers into the compulsory superannuation system." ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
These are just some of the recommendations from Grattan Institute ahead of the federal budget, which also include counting more of the family home in the aged pension assets and residential aged care means tests. With Australia on course for 25 straight ...

Lowe reinforces more hikes may come

ANDREW MCKEAN  |  THURSDAY, 6 APR 2023
The Reserve Bank of Australia (RBA) hit pause on interest rate hikes this week, but RBA governor Phillip Lowe has told the National Press Club that doesn't mean they're off the table altogether. In an address, Lowe said the decision to hold ...

Grattan finds $14bn savings in super tax break overhaul

KARREN VERGARA  |  MONDAY, 3 APR 2023
... earners tax windfalls. The newly released report, Super savings: Practical policies for fairer superannuation and a stronger budget, found that the current system's "excessively generous" tax breaks are unfair and unstainable. The current state of ...

Objective will not achieve any real purpose: IFPA

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
The Institute of Financial Professionals Australia (IFPA) has bucked the trend, rejecting the proposal to legislate an objective of superannuation. The IFPA said it supports consistency in future policy making around superannuation, which should be ...

Advice industry must change as population ages: Expert

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
Superannuation is one of the great successes of modern pension systems but as more people live longer, it's financial advice that will need to pivot, the Conference of Major Superannuation Funds has heard. Professionals Congress London Business ...