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Showing 141 - 150 of 421 results for "Federal Budget"

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
The Morrison government has handed down the 2020 federal budget, confirming Australia's largest ever deficit and announcing major changes to superannuation. As was largely anticipated, Treasurer Josh Frydenberg has revealed a record deficit of more ...

Tax concessions, infrastructure in focus for budget

ELIZA BAVIN  |  FRIDAY, 2 OCT 2020
The Prime Minister has given an indication of what will be revealed in next week's federal budget with a focus on tax cuts and increased infrastructure spending. Prime Minister Scott Morrison gave the insight during his National Press Club address ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... likely to be, as we saw in March, a Team Australia moment where the Reserve Bank is directly supporting a bold Federal Budget..." "The prospect of the RBA "sitting back" to assess the Budget, which has been seen as the "norm" in previous years is not ...

Industry funds pledge $33bn for economy

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
... $19.5 billion in CAPEX will create over 200,000 jobs between 2020 and 2023. ISA added that investments save the Federal budget $2.7 billion through higher tax receipts, lower pension payments and lower interest costs alone. The report expands on an earlier ...

At least $70bn more in stimulus needed: Grattan

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... should include temporary as well as permanent measures, and must be announced soon, by or during the October 6 federal budget. Grattan is recommending three main temporary measures which will cost about $30 billion over 2020-21, economists led by John ...

Public super fund rejigs offering

KANIKA SOOD  |  WEDNESDAY, 17 JUN 2020
... measures to allow discharged ADF Super members to stay with the fund were initially announced with the 2019-2020 Federal Budget.

Impact offers opportunity during crisis: Report

ELIZA BAVIN  |  MONDAY, 1 JUN 2020
... Australian federal government is also aiming to grow social impact investing, with $5 million allocated in the last federal budget to establish a Social Impact Investing Taskforce, and a further $14.1 million commitment to a series of trials. The UTS ...

SMSFA slams limited licensing

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... sector is calling for the end of limited licensing for professionals dealing with SMSFs. Outlining its 2020/21 Federal Budget submission today, the SMSF Association said limited licensing should be phased out in favour of a customer-centric framework ...

Association policy lead to join Treasury

ELIZABETH MCARTHUR  |  THURSDAY, 15 AUG 2019
... Commission and the Productivity Commission's superannuation review. George provided a summary and analysis of the Federal Budget for the SMSFA every year, which the association said was always well received by members. The SMSFA said: "The association ...

Future Fund crosses $150 billion

KANIKA SOOD  |  MONDAY, 29 APR 2019
... sovereign wealth fund has crossed $150 billion in assets after a strong quarter, as it readies to pitch in to the next Federal budget. The Future Fund returned 5% over the quarter to March end, taking its decade-long performance to 10.4% - 3.9% better ...