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Showing 1291 - 1300 of 3401 results for "Revenue"

Inquiry denounces franking credit ban

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
... throughout their lives to be independent in retirement onto the Age Pension. This undermines any objective that it may raise revenue and reduce dependence on taxpayers resulting from an ageing population." The final report also recommended any policy ...

Ageing population poses budget threat

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... by 2028-29 the ageing population is expected to reduce the budget balance by $36 billion, based on current projections. Revenue is expected to fall by approximately $20 billion in the same period, while spending will increase by $16 billion. The Budget ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
"The Budget is back in the black and Australia is back on track." That's how Federal Treasurer Josh Frydenberg opened his Budget 2019-20 speech delivered last night. Well, technically we all will have to wait until next fiscal year for the underlying ...

Record tax receipts, record outlays yet back to surplus

ALEX DUNNIN  |  TUESDAY, 2 APR 2019
... due growth in tax payments by individuals, 24% is due to increasing company tax payments, and 20% is due to increases in revenue from asset sales, interest received and dividends. Increasing taxation revenue from super funds accounted for less than 2% ...

Protecting Your Super Package will cross finish line: Treasurer

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... Commission's recommendation in its final report into superannuation. The tax relief enables superannuation funds to transfer revenue and capital losses to a newly merged fund and defer taxes on gains and losses from revenue and capital assets. Frydenberg ...

J.P. Morgan appoints new local chief

KANIKA SOOD  |  THURSDAY, 28 MAR 2019
... APAC chief executive Nicolas Aguzin said: "Robert joined the firm in 2011 and has been instrumental in driving our sales revenue growth and success of our markets businesses, achieving substantial market share and external benchmarking improvements in ...

Chief economist update: Japan should raise taxes another day

BENJAMIN ONG  |  WEDNESDAY, 27 MAR 2019
... postponed to April 2017 before being deferred to October 2019. I could understand Tokyo's impatience over getting more revenue to pay its ballooning debt - which at 253% of GDP (as at 2017) is the highest in the world - but each time it tries to ...

Perpetual raising $440m for credit trust

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... registered before-tax profit of $46.5 million - 20% lower than the prior corresponding period. This was largely due to lower revenue, average FUM and performance fees earned. Perpetual Private recorded $2.5 billion in FUA for charitable trusts and endowment ...

Australian subscription firms outperform ASX growth index

ELIZABETH MCARTHUR  |  MONDAY, 25 MAR 2019
... years." "For the first time with the subscription economy index, there is data suggesting that the growth of subscription revenue tracks ahead of the US Gross Domestic." The company believes there are strong indications that Australian subscription service ...

Brookfield acquires 62% of Oaktree Capital

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
... talent and brand, but will partner to leverage their strengths. Together, they will have $3.5 billion in annual fee-related revenue generated from $672 billion in assets under management. Oaktree co-chair Howard Marks will join Brookfield's board of ...