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Showing 101 - 110 of 409 results for "Coalition"

Labor fights phoenix fraud

EMMA RAPAPORT  |  WEDNESDAY, 24 MAY 2017
... account, yet the Government has barely raised a peep about phoenix activity," Labor Senator Katy Gallagher said. "The Coalition has chosen to continue its narrow, ideological agenda of delivering billions of dollars in tax cuts to multinational corporations ...

Government bond issuance to fall 20pct

ALEX DUNNIN  |  WEDNESDAY, 10 MAY 2017
... expectations that the Budget will move back into surplus by 2020. While this debt amount has doubled during the life of Coalition government, during the previous Labor government it increased five-fold from $53 billion to $258 billion. Since 2015 the ...

Budget undermining super: Labor

KARREN VERGARA  |  WEDNESDAY, 10 MAY 2017
... off thousands of customers, Labor noted. It will however, support the major banks levy despite disagreeing with the Coalition downplaying the need for a banking Royal Commission. Chalmers added there is no substitute for a banking royal commission as ...

Budget for the wealthy: Labor

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... claims Treasurer Scott Morrison's 2017-18 Budget is anything like a 'Labor Budget.' Shorten went on Twitter to say the Coalition's budget is "out of touch", as a Labor Budget wouldn't slash school funding, deliver tax cuts for millionaires or raise taxes ...

Opposition floats SMSF borrowing ban

EMMA RAPAPORT  |  FRIDAY, 21 APR 2017
... affordability." Shorten was quick to reassure that any SMSFs investing under the current rules would not be affected. The Coalition government is expected to unveil the details of their own housing affordability measures in the May 9 budget. Finance ...

House passes professional standards bill

EMMA RAPAPORT  |  WEDNESDAY, 8 FEB 2017
... (Professional Standards of Financial Advisers) Bill, which was first introduced into Parliament in November 2016 by the Coalition, passed the House on the first sitting day of 2017. Minister for Revenue and Financial Services Kelly O'Dwyer said the Bill ...

Super industry CEO joins IIRC board

DARREN SNYDER  |  TUESDAY, 27 SEP 2016
... "ensure the perspective of providers of financial capital is central to the work of the IIRC." The IIRC is a global coalition of regulators, investors, companies, NGOs and financial services professionals aiming to make integrated reporting and thinking ...

Parliament goes to war on super

DARREN SNYDER  |  THURSDAY, 25 AUG 2016
... lifetime cap on non-concessional super contributions to apply from Budget night 2016 (May 3), not 2007 as proposed by the coalition government. This would reduce revenue by $500 million over forward estimates, but Labor intends to find savings elsewhere ...

Treasurer ignored credit warnings: Bowen

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... Australia was in danger of losing its AAA credit rating. At the 2016 FSC Leaders Summit in Melbourne, Bowen said that the Coalition has repeatedly ignored warnings from S&P that fiscal policy which relies solely on spending cuts will be detrimental to ...

O'Dwyer says life insurance back on the agenda

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... clarified, that super shouldn't be used "to accumulate unlimited wealth to pass on to the next generation," alluding to the Coalition's controversial $1.6 million accumulation cap. "Super tax concessions need to be sustainable. We will soon be releasing ...