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Showing 131 - 140 of 287 results for "Tax concessions"

Treasurer commits to improve after-fee super returns

DARREN SNYDER  |  FRIDAY, 27 NOV 2015
... returns for members even though super tax incentives are a cost to the government. As an approach to deliver super tax concessions that target securing an adequate retirement income, Morrison is considering using replacement rates where income would ...

Super tax breaks review could save $6.6bn: Grattan

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
... savings to supplement or replace the Age Pension," the organisation argued. The research said that superannuation tax concessions cost the budget more than $25 billion a year in foregone revenue. "Most of the benefit goes to those who don't need them," ...

Super lifetime cap could increase budget costs: Budget Office

LAURA MILLAN  |  MONDAY, 23 NOV 2015
... contributions would allow the government to raise $165 million over four years. However, the cost of superannuation tax concessions is set to be about $170 million over the same period. "PBO analysis suggests a higher lifetime cap might in fact cost ...

Super changes won't close gender retirement gap: AIST

DARREN SNYDER  |  FRIDAY, 20 NOV 2015
... retirement security for most women, and provide twice the level of government support to men as women in the form of tax concessions. ISA deputy director Robbie Campo said these settings magnify rather than moderate gender differences in lifetime earnings. ...

Tax reform must not betray women

DARREN SNYDER  |  THURSDAY, 12 NOV 2015
If federal government savings from adjustments to excessive tax concessions for high income earners are not directed at improving the superannuation gender gap "it will be a betrayal of the women of Australia." That is the view of not-for-profit group ...

Super tax back on Turnbull's agenda

LAURA MILLAN  |  WEDNESDAY, 11 NOV 2015
... Turnbull and some industry stakeholders saying that "all measures are on the table." The issue of superannuation tax concessions came up yesterday in Parliament, while The Australian and Fairfax Media reported that high income earners could pay super ...

HESTA chief advocates better tax reform

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
... carers, who earn modest wages," Blakey said. "They, along with many other working women, won't benefit from these tax concessions, as they simply don't earn enough to top up their super by tens of thousands of dollars a year. "The gap in super savings ...

New super Shadow Minister as PM acknowledges Labor's plans

DARREN SNYDER  |  WEDNESDAY, 14 OCT 2015
... become an election issue. Turnbull said in parliament that Bill Shorten was right in saying there are substantial tax concessions associated with superannuation. "All of this is connected with the taxation system itself, the taxation on income and other ...

Tax conversation in a bubble

DARREN SNYDER  |  THURSDAY, 8 OCT 2015
... finances." Speaking on superannuation tax reform, Chapman said those hostile to change argue that tinkering with tax concessions associated with a long-term program such as superannuation is unfair. "[It's] akin to changing the rules half way through ...

Senate hears too many holes for women in super

DARREN SNYDER  |  TUESDAY, 6 OCT 2015
... improve the gender super savings gap. "While there seems to be a growing consensus of the need to reform the super tax concessions, the savings made must be redirected towards improving the retirement outcome for women if we want to make the system more ...