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Showing 1231 - 1240 of 2470 results for "Budget"

Market Wrap PM

AAP  |  WEDNESDAY, 13 MAY 2015
... up 19 cents to $8.85 and Oil Search was 15.5 cents higher at $7.885. Retail stocks are benefitting from Tuesday night's budget announcement to allow small businesses to claim a tax deduction for the full value of assets worth up to $20,000 in a single ...

Good Budget, bad Budget

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2015
... whirlpool it never ends..." A -Tommy Roe Done listening, watching and reading all about whys, hows, whens and wherefores of Budget 2015-16? I know I am, I'm so, like... over it. By the by, Financial Standard's team of talented and dedicated journalists ...

Budget projections risk being too optimistic, economists warn

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
... Chief economists from major financial institutions have warned that the Government's projected revenue growth included in Budget 2015 risks being too optimistic. AMP chief economist Shane Oliver acknowledged that Treasurer Joe Hockey replaced the focus ...

No new taxes on super welcomed

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
... Superannuation representative groups have backed the federal government's decision to leave new taxes on super out of the 2015 budget but say there is further consultation ahead. Association of Superannuation Funds of Australia (ASFA) chief executive ...

Mining exports finally give way to financial services

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
... commodity exports, it would add $50 billion to our economy each and every year," Treasurer Joe Hockey said during his 2015 Budget speech. The Treasurer predicted that services, including finance, "will be the big new drivers of wealth creation and job ...

IFAs to benefit from budget

ALEX BURKE  |  TUESDAY, 12 MAY 2015
The 2015 budget's $5.5 billion jobs and small business package will benefit independent financial advice businesses, according to industry commentators. The package includes a 1.5% tax cut for all small business (incorporated or not), a 5% tax discount ...

Hockey defends budget backflip

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
Treasurer Joe Hockey presented a budget he said focuses on Australian citizens' and businesses' opportunity to "have a go," despite hardening economic conditions. Hockey presented his 2015 budget as "the government's plan to strengthen our nation's ...

ASIC budget cuts revealed

MARK SMITH  |  TUESDAY, 12 MAY 2015
... Commission (ASIC) is expected to fall by $18 million over the next three to four years, according to projections revealed in the budget. Expenditure is projected to be $350 million this tax year, falling to $339 million next year and then down to $332 ...

Opposition welcomes SME package, slams Google tax

MARK SMITH  |  TUESDAY, 12 MAY 2015
Shadow Treasurer Chris Bowen has given his backing to small business tax cuts made in the budget but has branded the so-called crack-down on multi-nationals "a cop out". "We welcome the small business package," he told the ABC's Leigh Sales. "We support ...

Age pension kept at highest indexation rate

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
... Australians will need to put more money in to their super accounts after changes to the Age Pension were announced in the federal budget. Most changes to the Age Pension came as no surprise, already announced by Social Services Minister Scott Morrison ...