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Showing 101 - 110 of 248 results for "Superannuation tax"

ASFA slams Grattan as 'out of touch'

EMMA RAPAPORT  |  MONDAY, 16 JAN 2017
... undermines consumer confidence in the super system." ASFA has recommended that no further adverse changes be made to superannuation tax provisions or to the Age Pension without "a holistic review being undertaken in the context of scheduled Inter-Generational ...

Super reforms finalised by year's end

DARREN SNYDER  |  MONDAY, 17 OCT 2016
... Morrison released the third tranche of reforms on Friday and said the legislative amendments better target superannuation tax concessions. The latest tranche includes proposals to reduce the annual non-concessional contributions cap to $100,000 and restrict ...

$1.6 million cap will not derail retirement

DARREN SNYDER  |  MONDAY, 12 SEP 2016
Analysis from actuarial consultants Milliman shows there are good signs the proposed $1.6 million superannuation tax-free threshold in retirement will deliver a comfortable lifestyle within average life expectancy. The analysis suggests there is a 94% ...

Government releases draft super reforms

ALEX BURKE  |  THURSDAY, 8 SEP 2016
... restrictions preventing those between 65 and 74 from making voluntary contributions and introduces the Low Income Superannuation Tax Offset (LISTO), which prevents low-income earners from paying more tax on super contributions than their take-home pay. ...

Parliament goes to war on super

DARREN SNYDER  |  THURSDAY, 25 AUG 2016
Superannuation policy is headlined as one of the federal government's first tests when parliament resumes next week, following opposition plans to amend some of the biggest changes to super in a decade. Opposition Leader Bill Shorten wants the $500,000 ...

Industry innovation is not coming from within: Sharp

DARREN SNYDER  |  TUESDAY, 19 JUL 2016
InPayTech executive chairman and financial services stalwart Don Sharp is calling out regulatory challenges faced by Australian fintechs and is encouraging the federal government to take a long-term view on disruptive industry legislation. The comments ...

State governments must divest energy networks: CEDA

DARREN SNYDER  |  WEDNESDAY, 15 JUN 2016
The Committee for Economic Development of Australia is recommending each state government divest or privatise the provision of energy network services, a move that would open opportunities for infrastructure investors. CEDA says to usher in a new phase ...

More winners than losers in super budget measures: ASFA

ALEX BURKE  |  FRIDAY, 3 JUN 2016
... will actually be better off with the new changes. Around 3.2 million people will benefit from the Low Income Superannuation Tax Offset, 850,000 from the tax deduction for personal contributions, 230,000 from the catch-up concessional contributions provision ...

Super changes about sustainability: O'Dwyer

KELLY O'DWYER, ASSISTANT TREASURER AND MINISTER FOR SMALL BUSINESS  |  FRIDAY, 27 MAY 2016
... self-employed and those whose employers don't offer salary sacrificing arrangements to have the same access to superannuation tax concessions enjoyed by the rest of the population. We are also replacing the Low Income Superannuation Contribution, which ...

Government finds $2.9 billion from super tax

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
The realm of superannuation taxation has shifted with Federal Treasurer Scott Morrison announcing new measures that will deliver a net revenue boost of $2.9 billion over the next four years. After superannuation representative groups welcomed no new ...