Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 35 results for %22MYEFO%22

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... than the $69 billion we booked in the latest mid-year budget update." In the 2023-24 Mid-Year Economic and Fiscal Outlook (MYEFO) the government revealed a deficit reduction of $1.1 billion, an improvement of $12.8 billion from earlier projections. Since ...

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
The federal government has released its 2023-24 Mid-Year Economic and Fiscal Outlook (MYEFO), revealing a deficit reduction of $1.1 billion, an improvement of $12.8 billion from earlier projections. Since the last election, the government has identified ...

Government scraps legacy tax, super measures

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... the measures, the government has reviewed and opted to not proceed with several legacy measures. These include the 2013-14 MYEFO measure that proposed to amend the debt/equity tax rules; the 2016-17 Budget measure that proposed changing the taxation ...

Go, iron ore, go

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2021
... its growth renaissance, it'll also reduce Australia's budget deficit. In its Mid-Year Economic and Fiscal Outlook (MYEFO) handed down in December 2020, the Treasury forecast that iron ore prices will drop to US$55.0 per tonne by the end of September ...

Chief economist update: Australia's virtuous cycle keeps on turning

BENJAMIN ONG  |  MONDAY, 29 MAR 2021
... to China's strong growth- the world's biggest importer of iron ore. In its Mid-Year Economic and Fiscal Outlook (MYEFO) handed down in December 2020, the Treasury forecast that iron ore prices will drop to US$55.0 per tonne by the end of September ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... compares with the 8.0% unemployment rate the RBA forecast for end-year 2020 and lower than the Treasury's already lowered MYEFO (Mid-Year Economic and Financial Outlook) prediction for the jobless rate to "peak at 71/2 per cent in the March quarter ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
... RBA forecast for end-year 2020 and lower than the Treasury's already lowered Mid-Year Economic and Financial Outlook (MYEFO) prediction for the jobless rate to "peak at 7.5% in the March quarter 2021". These wonderful set of numbers could start a ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
... falling domestic economic activity so much so the Treasury upgraded its 2020-21 GDP growth forecast to an expansion of 0.75% (MYEFO) from a contraction of 1.5% foreseen in the October Budget - leading to a lower unemployment rate and reduced underlying ...

Legacy pensions score win

KARREN VERGARA  |  WEDNESDAY, 13 JAN 2021
... commutation of legacy pensions. The change was announced in the federal government's mid-year economic and fiscal outlook (MYEFO), which was released last December. Retirees with legacy products, who were previously unable to commute amounts exceeding ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
The Morrison government has released its Mid-Year Economic Financial Outlook (MYEFO), proving the old saying 'You must spend money to make money' right. This quote, generally attributed to Roman playwright, poet and philosopher Titus Maccius ...
PAGE:
1
PREVIOUS
NEXT