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Showing 101 - 110 of 678 results for "expenditure"

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... hold," he said. "So, there are issues with raising the debt ceiling continually. The US needs to get on top of its expenditure issues, it needs to get on top of attempting to move toward a more balanced budget."

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
The federal government provided clarity on the Non-Arm's Length Income (NALI) provisions related to expenditure incurred by superannuation funds - however, the industry says it requires further consideration. In last night's budget, the government ...

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... of this comes from petrol and diesel excise and tobacco and alcohol excise. These constraints set the scene for the expenditure side of the ledger. Sure, defence spending is up 5% to $40 billion in 22-23, and projected to jump 22% by 2027, and education ...

Aussies happy with compulsory super: Data

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... Australians should be covered," said McCrea. Further, around two-thirds of respondents said they would need annual expenditure consistent with, or exceeding, the ASFA Comfortable Standard to maintain their desired living standard in retirement. In the ...

The seven global megatrends to watch: CSIRO

CHLOE WALKER  |  MONDAY, 27 MAR 2023
... ageing and we continue to battle a high burden of chronic disease," Naughtin said. "When we look across healthcare expenditure within Australia, we see that a greater share of our GDP is dedicated towards healthcare, relative to what we see across other ...

UHNWs wealth in decline: Report

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
... uncertainty, four in 10 HNWIs are planning to increase travel overseas, and a similar proportion plan to increase personal expenditure on leisure activities. "Whether due to an ongoing reassessment of lifestyles or continuing pent-up demand from the ...

Government to double tax for high super balances

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
The government will double the concessional tax rate for superannuation balances over $3 million, affecting 80,000 people or 0.5% of super accounts. Commencing 2025/26, superannuation earnings in the accumulation phase that exceed $3 million will face ...

Australia leads the way in pension system sustainability: ASFA

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
Australia's sustainable pension expenditure stands out from other advanced economies' retirement income systems, an ASFA report says. ASFA's Cost of pensions across advanced economies report said Australia's government pension expenditure ...

Adviser pay, incentives disparity revealed

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
... found that staff pay now accounts for 48 cents of every dollar of revenue generated and represents 63% of all business expenditure.

The great super cover up is over: Bragg

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
... notices. "They [the government] need to bring forward legislation or regulation requiring APRA to publish relevant expenditure by all superannuation funds, for political purposes and for profit, all in the one place," McKim said.