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Showing 1041 - 1050 of 6895 results for "Tax"

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
... financial outcomes for women, the government can pay the super guarantee on paid parental leave and increase the low income super tax offset (LISTO). "Paying the super guarantee on paid parental leave, the same way as we do on wages, is one of the ways ...

Advisers put on notice: HLB Mann Judd

CASSANDRA BALDINI  |  TUESDAY, 7 FEB 2023
Financial advisers should ensure clients are structuring tax appropriately to avoid unwanted attention from the ATO and other authorities, HLB Mann Judd says. HLB Mann Judd said the ATO has warned those transferring funds into Australia to ensure the ...

Macquarie profits boosted by commodities

CASSANDRA BALDINI  |  TUESDAY, 7 FEB 2023
... earnings to varied market conditions and diversity in its activities. Reporting to the ASIX, the group said net profit after tax (NPAT) for the three months to 31 December 2022 (3Q23) was "slightly" up on the same nine months a year earlier, a period ...

The self-funded retiree is a misnomer: Institute

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2023
New research from The Australia Institute shows the cost to the federal budget of tax concessions is almost on par with the total cost of the Age Pension, with the think tank declaring the 'self-funded retiree' a misnomer. According to the insights ...

Inflation remains high priority in 2023: Treasurer

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
... is an important part of the government's economic agenda this year but not the only part. He said: "There'll be a new Tax Expenditure Statement this month, we receive the RBA Review next month, there'll be an Employment White Paper and an Intergenerational ...

Mercer proposes superannuation tax overhaul

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
Mercer has called for a fairer superannuation tax system, particularly for lower-income earners and women in its pre-budget submission. Mercer's proposed changes aim to improve the fairness of the super tax system, which currently has an inherent bias ...

All financial advice should be tax deductible: FPA

CASSANDRA BALDINI  |  FRIDAY, 3 FEB 2023
The Financial Planning Association of Australia (FPA) is calling for the government to provide tax-deductible status to all financial advice, no matter the stage. In its pre-budget submission, the FPA acknowledged that the ATO is looking into the tax ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... excess demand." Further, medium-term fiscal policy should ensure credible consolidation amid structural spending pressures, and tax reforms should help mobilise revenues, strengthen economic efficiency, and improve equity, the IMF added. On the report ...

Stop penalising women: HESTA

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
... members on low and middle incomes." It further added other key recommendations to reform superannuation 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 ...

ISA renews calls for super to be paid with wages

CHLOE WALKER  |  MONDAY, 30 JAN 2023
... government should also pay super on the 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 ...