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Showing 1231 - 1240 of 7378 results for "System"

Top 10% pocket 93% of Australia's wealth: Research

CHLOE WALKER  |  WEDNESDAY, 12 APR 2023
... the report, this "inequality on steroids" is due to stagnating wages, insecure work, soaring profits and an unfair tax system. "From the 1950s to the 1980s, Australia was considered the land of the fair go and we saw people benefiting more equally from ...

Franking credit changes could backfire: SMSF Association

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... dividends is merely prudent cash flow management and nothing to do with tax avoidance or the manipulation of the franking system," he said. "Disallowing franking in these situations would expose the shareholders to double taxation. Company profits would ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... better target super tax concessions to their policy purpose, would not change savings behaviour, and would help make the system fairer," Grattan said. The second super measure is to increase the age at which people can use their super, from 60 to 65 ...

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... with retirees drawing down 17% less income from their super than what is considered optimal. A more efficient drawdown system will result in higher retirement consumption of $397 billion from now until 2050, the research found, adding that super funds ...

ISA renews calls for gig worker super

CHLOE WALKER  |  TUESDAY, 11 APR 2023
... delivering food and driving us home, they have every right to share in the benefits of what is meant to be a universal saving system."

Lowe reinforces more hikes may come

ANDREW MCKEAN  |  THURSDAY, 6 APR 2023
The Reserve Bank of Australia (RBA) hit pause on interest rate hikes this week, but RBA governor Phillip Lowe has told the National Press Club that doesn't mean they're off the table altogether. In an address, Lowe said the decision to hold ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... YFYS review will sharpen the teeth of regulators. "By expanding the performance test, more Australians will benefit from a system that prioritises accountability and transparency," O'Halloran said. Meanwhile, Industry Super Australia (ISA) expressed ...

Maple-Brown Abbott relaunches sustainable fund

CASSANDRA BALDINI  |  WEDNESDAY, 5 APR 2023
... She said this is particularly evident when investing in a low-carbon future. "For example, where the needs of an energy system in transition will be different in the future than they are today," she said. "To bring this to life for investors, our reporting ...

Global X debuts US corporate bond ETF

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
Global X has launched a US investment grade corporate bond ETF, amid skyrocketing credit demand. The Global X USD Corporate Bond ETF (Currency Hedged) (USIG) aims to provide investors with access to the world's largest corporate bond in a cost-effective ...

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
... leading some to bypass the stapling requirements," he said. In April, the Australian Taxation Office will roll out an IT system to streamline the process for digital service providers. It will also finalise improvements to its Choice of Fund form in ...