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Showing 111 - 120 of 283 results for %22Josh Frydenberg%22

Government announces $184bn deficit

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
Treasurer Josh Frydenberg has announced the country's biggest ever peace-time budget deficit as the economic effects of COVID-19 are realised. Frydenberg and Minister for Finance, Senator Mathias Cormann revealed the economic toll while giving an economic ...

Early release of super extended

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... able to apply for up to $10,000 of their super savings until 31 December 2020. In a press conference, Treasurer Josh Frydenberg confirmed the extension would go ahead. The ERS extension will cost the government $2.22 billion over the forward estimates ...

JobKeeper, JobSeeker to be extended

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
... are not enduring and they are not permanent, they were never designed to be permanent." This comes as Treasurer Josh Frydenberg prepares to deliver his budget update on Thursday this week, which will provide insight into the economic damage caused by ...

Government expands SME Guarantee Scheme

ANNABELLE DICKSON  |  MONDAY, 20 JUL 2020
... maximum loan term to five years. Lenders will now have the discretion to offer a repayment holiday period. Treasurer Josh Frydenberg says the expanded scheme will shift from providing access to working capital to helping businesses stay afloat during ...

Chief economist update: We're all Victorians now

BENJAMIN ONG  |  FRIDAY, 10 JUL 2020
... state would be frozen for the six-weeks that the second lockdown is expected to last. Australian Federal Treasurer Josh Frydenberg estimated that Victoria's lockdown will cost the about A$1 billion a week "for the Victorian economy alone" - that ...

ATO can make cost of advice cheaper: Asher

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... come as the government is due to hand down the findings from the Retirement Income Review that Federal Treasurer Josh Frydenberg launched last year. He said retirees' needs fall into just five categories: a high income, an income that lasts (including ...

Melburnians back in the lockup

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2020
... country's recovery from recession and/or deepen the ongoing GDP contraction. This, as much, was what Federal Treasurer Josh Frydenberg said in his interview with 'The Australian Financial Review'... "With Victoria comprising around a quarter ...

COVID-19 stimulus continues

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
As the new financial year began, Treasurer Josh Frydenberg clarified the stimulus measures the government will use to assist Australians in the recovery from the COVID-19 pandemic. Tax relief for low and middle income earners came into effect from 1 ...

HESTA asks Retirement Income Review to consider ERS

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
... non-standard work, and the "value of insurance in super for low income earners be recognised". Federal Treasurer Josh Frydenberg announced a review into Australia's retirement income system in September 2019 which is due to hand in its report by ...

Unemployment hits 21-year high

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... 31.7% to 29.7%. The figures show woman and young people have been the worst affected by the crisis, with Treasurer Josh Frydenberg labelling the figures as devastating. "Female employment fell by 118,000, making up 52% of the jobs lost in the month of ...