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Showing 131 - 140 of 1251 results for %22Household%22

Cash bonus and fuel excise cut

TOM WATSON  |  TUESDAY, 29 MAR 2022
... retailers to set expectations about the passing on of savings to consumers. The other major announcement related to household budget pressures is the introduction of a one-off, $420 'cost of living tax offset' from July this year. Over 10 million ...

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... Parental Leave scheme. Along with the new flexibility, the government will broaden the income test to have an additional household income threshold of $350,000, per year. This addition is expected to benefit women who are the main breadwinner for fam ...

Budget aims to please women

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... the Paid Parental Leave scheme. Along with the new flexibility, it will broaden the income test to have an additional household income threshold of $350,000, per year. This addition is expected to benefit women who are the main breadwinner for families. ...

Floods, fires, plagues catered to in Budget

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
Australia's recent natural disasters, including the devastating floods in New South Wales and South-East Queensland, have prompted a Federal Budget response. "Nothing I say can overcome the personal pain and loss of so many Australians. We will stand ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
A Macquarie Business School academic has said one-off payments like those expected in next week's Federal Budget won't do anything to address long-term structural issues in Australia's economy. A one-off payment to combat the rising cost of living is ...

Super should help secure home loans: Inquiry

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
The inquiry into housing affordability and supply in Australia has recommended first home buyers be able to use their superannuation as collateral for a home. The House of Representatives Standing Committee on Tax and Revenue tabled its report following ...

Global alliance calls for BNPL regulations

CHLOE WALKER  |  THURSDAY, 17 MAR 2022
... experienced financial hardship because of buy now, pay later fees, including taking out an additional loan or foregoing household essentials. The research also shows that 30% of Australians have used a BNPL service in the last 12 months, and that 21% ...

Biden signs executive order on digital assets

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
... amount of electricity used in a single Bitcoin transaction equivalent to 78.5 days of consumption in the average US household, according to the Cambridge Bitcoin Electricity Consumption Index. Meanwhile, recent insights from NFT Club suggest 1.37 trees ...

HESTA endorses super splitting initiative

CHLOE WALKER  |  WEDNESDAY, 23 FEB 2022
HESTA is recommending super funds adopt a new process to make the splitting of assets easier following the results of a successful pilot program. HESTA is the first Australian super fund to adopt the Simpler Super Splitting initiative, which uses a ...

Advisers optimistic about revenue growth

KARREN VERGARA  |  THURSDAY, 17 FEB 2022
... comfortable to do so," CFS chief distribution officer Bryce Quirk said. According to the Reserve Bank of Australia, household savings ratio sat at 19.8% at the start of October 2021, up from 9.8% at the beginning of January 2020. Given that Australians' ...