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Showing 101 - 110 of 320 results for "Taxpayers"

Record tax receipts, record outlays yet back to surplus

ALEX DUNNIN  |  TUESDAY, 2 APR 2019
... when the Rudd Labor Government was elected in 2007. Australia's Federal Budget is still 46% reliant on individual taxpayers, which is more than double the 20% reliance on company taxes; 8% reliance on excise; and 7% reliance on asset sales, interest ...

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
... lowered to 30% from 1 July 2024, Frydenberg said. This covers those earning between $45,000 and $200,000, meaning 94% of taxpayers will benefit. "Under the Morrison Government, tax as a share of the economy will not rise above the 23.9 per cent cap," ...

Industry Super Holdings slammed for weapons investment

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2019
... said, adding that this year marks the anniversary of the war. EOS is backed by $30 million in subsidies from Australian taxpayers and has signed over $400 million in deals to "supply high-tech killing machines" to Saudi Arabia and the United Arab Emirates ...

Negative gearing reforms not a panacea: Poll

KARREN VERGARA  |  MONDAY, 18 MAR 2019
... Investments made before the changes take place are not affected and will be grandfathered, it said. "This will mean that taxpayers will continue to be able to deduct net rental losses against their wage income, providing the losses come from newly constructed ...

Australia in effective recession: Academic

KANIKA SOOD  |  THURSDAY, 7 MAR 2019
... believes the Federal Budget on April 2 will have further goodies for voters in the run-up to the election and Australian taxpayers are unlikely to face a rise in taxes. "After all, the increase to the Medicare Levy was axed last year," he said.

Grattan says Aussies retiring comfortably, ISA responds

KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
... an "unprecedented attack". He slammed Grattan's call to shelve the 12% SG, saying it would put pressure on future taxpayers. Fahy also said the Grattan analysis sets an extremely low bar for adequacy, seeing the Henderson poverty line as relatively ...

Chief economist update: If you can't beat Trump, copy Trump

BENJAMIN ONG  |  TUESDAY, 23 OCT 2018
... patient above 15,000 yuan could be deducted, with an annual cap of 60,000 yuan. On interest for loan for first home by the taxpayers or their spouses, a monthly deduction of 1000 yuan will be allowed. For housing rent, the deduction will vary from cities ...

Charities losing $180m a year to gender pay gap

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
... new charities join the sector each year but Australians are giving less than before. "The sobering fact is Australian taxpayers spend five times more on alcohol than they claim in charitable donations," Koda Capital said in a statement. Australians claimed ...

NZ Super Fund appoints CEO

HARRISON WORLEY  |  WEDNESDAY, 20 JUN 2018
... board looks forward to seeing the NZ Super Fund continue to exemplify investment best practice and create value for taxpayers." Whineray welcomed the challenge of leading the fund. "The NZ Super Fund is one of the most exciting places to work in institutional ...

Un-Keynesian

BENJAMIN ONG  |  TUESDAY, 5 DEC 2017
... equivalence theorem", which in simple terms states that, a tax cut now would make no difference to aggregate demand because taxpayers will anticipate higher taxes in the future (or less welfare spending) to offset higher deficits.