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Showing 1181 - 1190 of 4004 results for "Cut"

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
The 2019-20 Federal Budget's subdued approach has received a similar welcome from the wealth industry. The big players are neither up in arms nor full of praise for the Budget, which was headlined by personal tax cuts and a $7.1 billion surplus ...

Record tax receipts, record outlays yet back to surplus

ALEX DUNNIN  |  TUESDAY, 2 APR 2019
Australian Commonwealth Budget receipts are climbing at their fastest rate in 18 years and outlays are climbing at their fastest rate in five years. Yet, Federal Treasurer Josh Frydenberg has been able to declare Australia's first Budget surplus ...

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
... proportionate method has also been removed. Small businesses such as financial advice practices and accounting firms will see taxes cut to 25%, as well as increased access to finance via a new $2 billion fund. The instant asset write-off will also be ...

Budget 2019-20: Social media reacts

KARREN VERGARA  |  TUESDAY, 2 APR 2019
Federal Treasurer Josh Frydenberg ignited mixed reactions on social media when he handed down the 2019-20 Budget tonight. Here's what Twitter accounts had to say. The Liberals boasted achieving a Budget surplus - the first in over a decade. #BREAKING ...

Frydenberg makes big promises for small business

ELIZABETH MCARTHUR  |  TUESDAY, 2 APR 2019
... taxes for 3.4 million small and medium sized businesses, employing 7.1 million workers. The Treasurer said the Government will cut taxes for all business with an annual aggregated turnover below $50 million to 25%. There will be a 16% tax discount for ...

Chief economist update: China stitches it in time

BENJAMIN ONG  |  TUESDAY, 2 APR 2019
... "Budget deficit target raised to 2.8% from 2.6% last year with CNY2.0T [US$298 billion] in tax cuts announced, including a 3% cut to top bracket VAT rate. Raised local government special bond issuance to CNY2.15T from CNY1.3T last year to aid infrastructure ...

Trump will continue to buoy stock markets: Poll

KARREN VERGARA  |  MONDAY, 1 APR 2019
Robert Mueller's findings that US President Donald Trump did not collude with Russia during the 2016 election campaign is good news for the global share markets, Financial Standard's latest spot poll shows. The majority of readers (68%) agree that ...

Chief economist update: No credit to the RBA

BENJAMIN ONG  |  MONDAY, 1 APR 2019
... report - released on March 29 - doesn't convince the board to switch from its current "neutral stance" to an interest rate cut very, very soon, by the time it does - and it will - it might be too late to reverse the slowing growth momentum in the ...

Chief economist update: The Fed should act now

BENJAMIN ONG  |  FRIDAY, 29 MAR 2019
When I was an economics student, I never much cared about economic history. What good does economic history offer? The agricultural revolution gave way to the revolution in industry and now... the tech revolt. Surely, things and the way of doing things ...

Chief economist update: A question of when?

BENJAMIN ONG  |  THURSDAY, 28 MAR 2019
... bill rate. We're still not there but we're getting close. The CME FedWatch Tool shows that the odds of a Fed rate cut have increased - at its June meeting to 27.6% currently from 8.2% a month earlier; at its September meeting to 42.9% from 9.9% ...