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Showing 1091 - 1100 of 2470 results for "Budget"

Budget big picture

ALEX DUNNIN  |  TUESDAY, 3 MAY 2016
A budget deficit of $40 billion on its way down to just $6 billion in four years masks a massive 29% increase in tax revenue over the forward estimates, pointing to why Treasurer Scott Morrison has had to go after high-end superannuants and multi-nationals. ...

Ten-year enterprise tax plan to benefit SMEs

KERRIE SYDEE  |  TUESDAY, 3 MAY 2016
... and superannuation industry service providers are likely to be the main beneficiaries of company tax cuts in the 2016/17 Budget. From 1 July 2016 the small business tax rate will be lowered to 27.5% and the turnover threshold for small businesses will ...

Budget CIV plan lets Australia export investment expertise

ALEX BURKE  |  TUESDAY, 3 MAY 2016
The Government has announced in its 2016-17 budget that it will introduce new tax and regulatory frameworks to further facilitate foreign access to Australian funds management services. The two new collective investment vehicles (CIVs) introduced in ...

Drop in regulator staff numbers under coalition

MARK SMITH  |  MONDAY, 2 MAY 2016
... Average Australian Securities and Investments Commission (ASIC) staff numbers have fallen 14.4% from 1,834 in the 2013-14 budget period to 1,569 in 2015-16. Australia Tax Office staff numbers have fallen from 22,022 to 18,482 - or 16.1% - in the same ...

Potential budget super alterations welcome

DARREN SNYDER  |  MONDAY, 2 MAY 2016
On the eve of Treasurer Scott Morrison's first budget there is further support to rein in superannuation tax concessions for the wealthy, provided that proceeds fund better retirements for women and lower income earners. Industry Super Australia is ...

ISA calls out pre-Budget arguments on contribution caps

DARREN SNYDER  |  FRIDAY, 29 APR 2016
Industry Super Australia has slammed pre-Budget arguments that call for voluntary contribution caps to remain at current levels and allow Australians to make superannuation "catch-up" payments. Australian Tax Office (ATO) data analysed by ISA shows ...

Asia Funds Passport signed off

KERRIE SYDEE  |  FRIDAY, 29 APR 2016
... executive officer at the Financial Services Council (FSC) said that the funds passport must be implemented in the 2016 budget to work efficiently and must include a new collective investment vehicle. "At the moment in Australia we have unit trusts which ...

Boomers surprisingly open to fair super tax changes

MARK SMITH  |  THURSDAY, 28 APR 2016
... boomers as men and women born between 1946 and 1964. The results come ahead of the Turnbull government's crucial first budget, which is widely expected to call for changes to the taxation of superannuation. Chief among the findings was that 48% of respondents ...

KPMG targets super to fix deficit

MARK SMITH  |  THURSDAY, 28 APR 2016
... period of four years to reach the new caps. KPMG Economics estimates that without changes to current policy settings, the budget will remain in actual and structural deficit until at least 2030. KPMG chief economist, Brendan Rynne said: "In the absence ...

Police super a budget beneficiary

DARREN SNYDER  |  THURSDAY, 28 APR 2016
... officers will directly benefit from one of the federal government's superannuation measures to be announced in Tuesday's budget. Both federal and NSW governments have agreed to share the costs of an arrangement that will reimburse officers who have paid ...