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Showing 91 - 100 of 1269 results for "Labor"

Super tax is a 'wealth tax': Taylor

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... this morning, Taylor labelled the tax changes for super balances greater than $3 million as a "wealth tax". Last April, Labor proposed increasing the 15% tax to 30% under Division 296 tax laws, calculating it will affect fewer than 80,000 Australians. ...

Economists share their top left field ideas for 2024

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2024
... Council councillor Nicki Hutley believes Australia needs a carbon price, labelling that as her Factor-X. "I don't think Labor has the courage to take that to the next election, but perhaps the election after will see a carbon price put back on the agenda," ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... underlying issue is Australia's weak post-pandemic productivity, ranking poorly among developed nations. This has driven unit labor costs - wages adjusted for productivity - significantly above the RBA's 2-3% inflation target range. "Without ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... related to military weapons-related Conventions or Treaties ratified by Australia'," Shoebridge said. Shoebridge wants Labor to introduce mandatory ethical investment rules for the Future Fund that "must absolutely include a prohibition on investing ...

Albanese set to overhaul Stage 3 tax cuts

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2024
... ways that we can provide support for people?" Independent member of parliament for Kooyong Monique Ryan said she welcomes Labor considering modifying the Stage 3 tax cuts and that whatever happens "the government should make them fairer." "For months ...

Adviser with Investport links sees ban affirmed

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... expressed concern that the ban would impact her ability to earn income, however the AAT noted she works three days a week with Labor-aligned political network, Emily's List Australia. She also stated she was concerned it would prohibit her from providing ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... said. New South Wales Liberal senator Andrew Bragg noted that the draft bill is missing the "serious recommendations" with Labor not communicating if they intend to legislate them. "If Labor was serious about cutting red tape from financial advice, they ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
Treasurer Jim Chalmers has said the government has some tough calls to make regarding the nation's infrastructure pipeline as part of its plan to regenerate the economy. Following Labor's review of its multibillion-dollar Infrastructure Investment ...

Farmers distressed by superannuation tax overhaul

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
... superannuation reforms without clear Treasury modelling on the number of affected primary producers and family businesses. "Labor is misleading regional, rural and remote Australia, breaking its promise before the election that it wouldn't touch ...

UniSuper partners to buy Tasmanian timber plantation

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023
UniSuper and a consortium of European pension funds have acquired a Tasmanian forestry estate from a New Forests managed fund. UniSuper, the UK's Pension Protection Fund (PPF), and APG Asset Management N.V (APG) on behalf of its Dutch pension fund client ...