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Showing 1331 - 1340 of 4003 results for "Cut"

Budget means Aussies can get more from retirement

HARRISON WORLEY  |  WEDNESDAY, 9 MAY 2018
Diversified wealth managers IOOF and StatePlus have led industry support for superannuation measures introduced in last night's Budget. IOOF highlighted how Australians stand to benefit from changes to superannuation policy which would allow planning ...

What the 2018 Budget means for you

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
More changes to Australia's $2.6 trillion superannuation system, additional funding to the nation's financial services regulators, personal tax cuts and additional pensioner benefits are the major talking points of Budget 2018. The 2018 Budget is arguably ...

Personal tax cuts lead the Budget

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
Personal tax cuts were on the top of Treasurer Scott Morrison's five-point list to "strengthen the economy" as he opened his Budget night speech. The Federal Government is proposing middle and lower income earners pay up to $530 less in tax, starting ...

Labor responds to 'unfair' Budget

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... to penalty rates." Chalmers said funding just 14,000 new in-home aged care packages over four years is a "hoax" as funding cut from residential aged care will pay for it. "There are still 100,000 people on Turnbull's waiting list for in-home care. It's ...

Fees for no service an old issue: AMP

DARREN SNYDER  |  FRIDAY, 4 MAY 2018
... Commission." In terms of accountability, AMP pointed to its chief executive and chair stepping down; board directors taking a 25% pay cut for the remainder of 2018; and the strengthening of its advice governance framework in 2017 among other internal ...

Global investment firm to restructure

HARRISON WORLEY  |  FRIDAY, 4 MAY 2018
... decision to restructure will allow the firm to take advantage of the recently passed Republican tax reform bill which permanently cut the corporate tax rate to 21%. The timing of KKR's announcement coincides with discussion in Australia over corporate ...

Chief economist update: Fed's on target, BOJ takes out target

BENJAMIN ONG  |  THURSDAY, 3 MAY 2018
... 1-2 May FOMC meeting was both expected and a non-event - it kept the fed funds rate target at 1.5%-1.75% and more or less cut and pasted the FOMC Statement at its 20-21 March meeting. Well, maybe less, for May's statement was missing the phrase "the ...

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
... to keep their respective currency's exchange rate low, the market is doing it for Australia sans a single bullet shot - a cut in in interest rates or QE - to get the same result. Only yesterday, when the Reserve Bank of Australia (RBA) met and decided ...

Moving on up to target

BENJAMIN ONG  |  TUESDAY, 1 MAY 2018
It's getting closer and closer - the inflation measure that the US Federal Reserve tracks in assessing monetary policy direction is just a pip short of its 2% target. The core PCE price index increased by 1.9% in the year to March, a significant increase ...

Chief economist update: Not as good as it gets

BENJAMIN ONG  |  MONDAY, 30 APR 2018
History was made when North Korean supremo Kim Jung-un took one step south of the Korean DMZ (demilitarised zone) to shake hands with his southern counterpart, South Korea president Moon Jae-in. An epic in itself, it invalidates Rudyard Kipling's (re-phrased) ...