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Showing 1151 - 1160 of 2470 results for "Budget"

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 ...

Aussies don't want gift of super this Christmas

DARREN SNYDER  |  TUESDAY, 15 DEC 2015
... the cost of raising a family is an important factor. The summer season is a particularly expensive time - with additional budget pressures such as Christmas presents for the kids and extended family, as well as budgeting for school holiday activities ...

ISA launches super tax plan

DARREN SNYDER  |  MONDAY, 14 DEC 2015
... tax review is a golden opportunity to set the system up for the future but warned it shouldn't be a quest for short term budget savings. "There is the capacity to make the system worse unless changes are carefully thought through," Whiteley said. "The ...

Former NSW politician joins Media Super

DARREN SNYDER  |  FRIDAY, 11 DEC 2015
Former New South Wales deputy premier Carmel Tebbutt has joined Media Super as an independent director. Tebbutt retired from NSW parliament earlier this year and said she was looking forward to bringing her skills, knowledge and experience to the Media ...

No change to super tax subsidy measure

ALEX DUNNIN  |  FRIDAY, 4 DEC 2015
... issued its report into its review of the Tax Expenditures Statement (TES) that tries to measure the cost to the Commonwealth Budget of tax concessions by taxpayers. Superannuation lobby groups aligned to the wealth management sector have long argued ...

Australians more reluctant to seek professional advice

LAURA MILLAN  |  WEDNESDAY, 2 DEC 2015
A global survey shows that Australians are twice as likely to turn to family and friends for financial information as they are to seek advice from a professional. The survey was conducted by global research firm GfK on behalf of the Financial Planning ...

Super tax breaks review could save $6.6bn: Grattan

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
Better targeting of superannuation contributions tax breaks could save the budget $3.9 billion a year and increasing taxes on superannuation earnings of retirees could raise another $2.7 billion, Grattan Institute research shows. "The current system ...

Super lifetime cap could increase budget costs: Budget Office

LAURA MILLAN  |  MONDAY, 23 NOV 2015
Placing a lifetime cap on voluntary superannuation contributions could actually end up costing more money to the budget, a report by the Parliamentary Budget Office (PBO) commissioned by the Greens found. The Greens commissioned the report in light ...

OPINION: Super is Murray's big rock

ANDREW BRAGG  |  WEDNESDAY, 18 NOV 2015
... Tuesday. Firstly, how is it that people are confused about super's purpose? Simply, it is there to protect our long term budget position against increasing health, and pension costs and to provide a better standard of living in retirement than the aged ...

Oil price fall forces sovereign funds to switch gears

LAURA MILLAN  |  MONDAY, 16 NOV 2015
... senior vice president Elena Duggar said. "As a result, we expect increasing use of sovereign wealth fund assets to finance budget deficits and support domestic economies." She added that low oil prices are prompting some wealth funds to shift to more ...