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Showing 1121 - 1130 of 2469 results for "Budget"

Super tax concessions no gift

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
... Kelly O'Dwyer's assertion that super taxation concessions are a "gift", saying their implementation has been more about budget fixes. Vision Super said Australians have been subjected to at least 25 major changes to the taxation arrangements on superannuation ...

Industry reacts to super objective

ALEX BURKE  |  THURSDAY, 10 MAR 2016
... it will also help to liberate superannuation policy from the constant unhelpful political tinkering that comes with the Budget and election cycles. This will help build public confidence in the system." Challenger chief executive Brian Benari concluded ...

Retirement income goal would solve super's issues: CSRI

DARREN SNYDER  |  MONDAY, 7 MAR 2016
... super to be diverted into other purposes like providing home deposits, paying off higher education debts, or fixing the budget deficit. The CSRI also argues that good long-term policy is more likely to help overcome many of the problems plaguing the ...

Reducing concessional contribution caps would hurt: SMSFA

DARREN SNYDER  |  THURSDAY, 3 MAR 2016
... super contribution cap from $30,000 to $20,000 a year as part of changing the superannuation tax mix in this year's federal budget. Slattery said the government needs to step in now and rule out speculation that a lowering of the current cap is being ...

Rising age pension costs unfair on young people: CIS

ALEX DUNNIN  |  WEDNESDAY, 2 MAR 2016
The cost of the age pension is growing so rapidly that it risks breaking Australia's intergenerational social contract, warns a new report. The report, 'The myths of the intergenerational bargain' by the Centre for Independent Studies (CIS), says that ...

Crouching services, contracting manufacturing

BENJAMIN ONG  |  WEDNESDAY, 2 MAR 2016
... monetary policy accommodation measures, markets expect the government to announce some fiscal easing - i.e. letting the budget deficit (estimated at around 2.3% of GDP in 2015) rise to about 3%-4% -- to spend mainly on infrastructure projects.

FSC reveals six-point super plan

ALEX BURKE  |  MONDAY, 29 FEB 2016
... statement, the first three points are: "Give every Australian saver cast-iron confidence in the system. Take it out of the budget cycle, stop the tinkering"; "Define its purpose and make it law"; and "Increase the superannuation guarantee rate to 12% ...

Super not for plugging Budget holes: AIST

MARK SMITH  |  WEDNESDAY, 24 FEB 2016
... on improving fairness in the system and setting system objectives," Garcia said. "Reforming super is not about plugging Budget holes, it is about ensuring the system improves retirement outcomes for all." Garcia said cutting the CGT discount for super ...

ISA slams super opt out proposal

MARK SMITH  |  MONDAY, 22 FEB 2016
... out of Australia's superannuation system, Industry Super Australia (ISA) has said. According to News Corp reports, a pre-budget submission from an unnamed industry group has suggested allowing low-income earners to receive a cash payment instead of superannuation. ...

Funds under management to hit $8tr by 2035: research

MICHELLE BALTAZAR  |  FRIDAY, 19 FEB 2016
... Loane, chief executive officer at the Financial Services Council (FSC). "We urge the Government to address this in the Budget," she said. A more favourable tax structure aside, the battle will be between the comprehensive managers (big brands), the boutiques ...