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Showing 1 - 10 of 41 results for "Brackets"

Treasury details winners from tax concessions on super contributions

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... the top income decile receiving 30% of the total benefits, Treasury said. Conversely, individuals in the lowest income brackets, often reliant on government payments, saw a negative share of benefits due to their average personal tax rates being lower ...

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

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
... from what's happened with commodity prices, and with fiscal drag as inflation has pushed people up into higher tax brackets," Lowe explained. "It could have elected to use this revenue to increase spending, but it didn't, if it had that would ...

Super members want free advice: Survey

KARREN VERGARA  |  THURSDAY, 25 MAY 2023
... financial advice to them at no cost, a new survey reveals. About 2000 super fund members sitting on a range of income brackets surveyed by robo-adviser Otivo said they are open to receiving advice to improve retirement outcomes. Conversations about how ...

Stop penalising women: HESTA

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
... settings are around tax concessions. It explained due to super being taxed at 15%, lower income earners in the bottom brackets are hit harder on super than wages, while workers in the second lowest tax bracket received no tax benefit on their super. ...

ISA renews calls for super to be paid with wages

CHLOE WALKER  |  MONDAY, 30 JAN 2023
... Commonwealth Paid Parental Leave Scheme and increase the Low-Income Superannuation Tax Offset to account for changes to tax brackets and increases in the super guarantee, it suggested. "Super has been a boon for millions already but it's not perfect ...

Vanguard unveils positive impact fund

RACHEL ALEMBAKIS  |  TUESDAY, 18 OCT 2022
... lifting at is generically call the base of the pyramid - the needs of those poorer communities and lower socio-economic brackets." Baillie Gifford actively manages the portfolio of typically 25 to 50 global companies seeking long-term outperformance ...

SG rise to benefit 6.7m Australians: ISA

KANIKA SOOD  |  FRIDAY, 2 JUL 2021
... super last year, during the downturn, make up some of the lost ground," ISA chief executive Bernie Dean said. By income brackets, the proportion of people receiving the SG rise benefits are the highest in $55,000 to $69,999 annual income level where ...

Afterpay reveals US plans, economic impact

JAMIE WILLIAMSON  |  WEDNESDAY, 21 APR 2021
... higher-than-average incomes. Just 29% of users sit within in the lowest household income bracket, while 48% sit within the two highest brackets. In a note, Credit Suisse said: "Overall, a generally positive report outlining and quantifying the value ...

How to attract high net worth clients

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
... $150,000 a year are far more likely to exhibit affinity to premium (22.8%) and purposeful (31.9%) brands. Across all income brackets, purposeful brands speak to consumers. However, those earning less than $75,000 a year are more likely to have affinity ...

ISA calls for super tax reform

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... threshold and 19% tax bracket and matches superannuation guarantee contributions - but the tax cuts have moved those brackets up the scale," ISA said. "But the LISTO rate has stalled at $37,000 taxable income and the maximum tax refunded is $500 a year ...
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