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Showing 101 - 110 of 843 results for %22Federal Budget%22

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
... pandemic is not over. For as long as the virus persists, so will we. So tonight, we go further." This is according to federal treasurer Josh Frydenberg, who last night, went further, announcing a spending splurge of around 74.6 billion in order secure ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
Just about everyone is a winner in this year's federal budget, with treasurer Josh Frydenberg extending tax cuts, significant measures to enhance women's economic security and a $15 billion infrastructure spend. Delivering the 2021/22 federal ...

Infrastructure investment builds to $170bn

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... massive opportunities for growth and jobs. In this budget, we are investing $1.2 billion in our digital economy strategy," federal treasurer Josh Frydenberg said. "Establishing a new national network of Artificial Intelligence Centres to drive business ...

Aged care expenditure to jump 37%

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... the remainder of the century with consequent need for Australia's aged care system to be sustainable, it's likely future federal budgets will. Despite the heavy focus on improving Australia's aged care system and the consequent expectations of increased ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
Ahead of the federal budget tonight, there is already some good news for the superannuation sector and small businesses. Treasurer Josh Frydenberg has released details about a few initiatives that will be included in the budget. The government will ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
Ahead of tomorrow's federal budget, the government announced a raft of measures aimed at increasing home ownership levels, including the expansion of the First Home Super Saver Scheme. The government is increasing the maximum amount of voluntary contributions ...

Government launches digital economy strategy

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
... digital transformation of the economy and measures to encourage business investment in technology, ahead of the federal budget. The digital economy strategy includes $111.3 million to accelerate the rollout of the Consumer Data Right in banking, energy ...

Government debt blows out 420%

KARREN VERGARA  |  TUESDAY, 20 APR 2021
The federal government's debt levels soared 420% over the last 25 years, shifting Australia up two notches on the rankings of an index to 13 th place. According to the inaugural Janus Henderson's Sovereign Debt Index, the federal government ...

AustralianSuper subverts stapling logic

KARREN VERGARA  |  FRIDAY, 9 APR 2021
... members". Silk also argued for the inclusion of administration fees in the new benchmark tests. In the October 2020 federal budget, Treasurer Josh Frydenberg introduced a test for MySuper. Such products that underperform their benchmark by 0.5 percentage ...

Tax concessions failing women: Research

ANNABELLE DICKSON  |  TUESDAY, 6 APR 2021
... commissioned by the Australia Institute from the Centre for Social Research and Methods revealed tax concessions cost the federal budget $60 billion per year with the majority benefiting men. The four tax concessions consist of negative gearing, superannuation ...