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Showing 1141 - 1150 of 2469 results for "Budget"

SMSFs to remain popular despite political uncertainty

DARREN SNYDER  |  WEDNESDAY, 3 FEB 2016
... time after your fund balance hits $200,000." With the expectation of more changes to superannuation in the May federal budget, Philpot said now was a good time to review personal super arrangements and make sure individuals make the most of current rules. ...

Pensioners want DB decision reversed

DARREN SNYDER  |  TUESDAY, 2 FEB 2016
... several problems with a new restriction on DB income that can be excluded from the pension income test. "As a result of a Budget measure supported by the Coalition, Labor and The Greens, the maximum 'tax exempt amount' is limited to 10% of the defined ...

Ageing Australia will impact budget for next decade

DARREN SNYDER  |  FRIDAY, 29 JAN 2016
... ageing population and the associated pressures on health funding are expected to place significant tolls on the federal budget over the next decade according to a Treasury official. Secretary to the Treasury, John Fraser told the Sydney Institute yesterday ...

AustralianSuper makes major play for King's Cross

DARREN SNYDER  |  MONDAY, 25 JAN 2016
... Australia's largest superannuation fund for £371 million ($755 million). The sale is part of wider plans to help reduce the UK's budget deficit. Australia's largest super fund also decided to purchase an additional 6% stake from Deutsche Post's DHL ...

Super's purpose under further scrutiny

DARREN SNYDER  |  FRIDAY, 22 JAN 2016
... Superannuation Trustees (AIST) executive manager policy and research David Haynes said super was not the solution to plugging budget holes related to student debt. "Even when the superannuation contribution rate eventually reaches 12%, most young Australians ...

FSC calls for 22% company tax

MARK SMITH  |  MONDAY, 18 JAN 2016
... away by bracket creep." The FSC said another benefit of a lower company tax rate of 22% will be a reduction in the federal budget's reliance on corporate tax. The OECD average reliance on company tax is 8%, while Australia's is more than 18%. A lower ...

20pct tax rebate is budget neutral: FSC

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
... guarantee to 12% and pushing a 20% rebate on marginal tax rates for super contributions would have no effect on the federal budget. This is according to the latest modeling from PwC prepared for the Financial Services Council (FSC), released yesterday. ...

Public sector retirees angry over income exemption cuts

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
... test, effective 1 January 2016. The cap was previously 50%. The new cap is expected to generate more than $465 million in budget savings over forward estimates. Before the new cap was passed in the Senate, Queensland Senator Claire Moore said about 46,000 ...

MYEFO writes down billions in super fund taxes

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
... growth and the adoption of a more realistic domestic growth outlook we continue patiently and responsibly on the path to budget balance," Morrison said. Also commenting on MYEFO, BDO tax partner David Blake has called on the government to take bold initiatives ...

Modest rise in retirement living costs: ASFA

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
... taxation of superannuation. "We should not mortgage the future living standards of retirees in order to deal with short term budget challenges of governments," Vamos said. The most significant price rises in the September quarter contributing to an increase ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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