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Showing 161 - 170 of 2240 results for "Budget"

Brookfield raises record amount for ESG fund

JAMIE WILLIAMSON  |  THURSDAY, 23 JUN 2022
... battery storage provider, and the acquisition of US and German solar power and battery developers. "With the global carbon budget being rapidly run down, now is the time for comprehensive, determined action," Carney said. "That means deploying capital ...

NSW to introduce options for first home buyers

CASSANDRA BALDINI  |  TUESDAY, 21 JUN 2022
... have the option of paying stamp duty or an annual land tax under proposed reforms. The plan, announced in the 2022-23 NSW budget, will see first home buyers purchasing a home up to the value of $1.5 million given the option of paying stamp duty or a ...

Super industry levies insufficiently detailed: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
... $61.3 million for 2022/23, a six percent rise year on year. ASFA notes much of the recent increase relates to the 2021-22 budget measure Stronger Consumer Outcomes for Members of Superannuation. But, ASFA has also said that there is insufficient detail ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
The Reserve Bank of Australia (RBA) has decided to increase the cash rate target by 50 basis points to 85 basis points. The central bank also raised the interest rate on exchange settlement balances by 50 basis points to 75 basis points. At its meeting ...

ASIC releases estimate cost recovery levies for 2021/22

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
ASIC has drafted its indicative levies for the 2021/22 financial year. In its latest cost recovery implementation statement, ASIC proposed a minimum levy of $1500 plus $1142 per adviser for licensees that provide personal advice to retail clients on ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... Chalmers has flagged fiscal pressures and has said that a trimming of spending should be expected when he presents the next Budget in October. "The RBA has also started increasing rates, suggesting that its accommodative monetary policy will be tightened ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
... demand.Going forward, retiree households will continue to face ever increasing health costs, with a modest couple having to budget at least $102.27 for healthcare costs weekly. Private health insurance premiums rose on average by 2.7 % from 1 April with ...

Liberals should liberate Australians from super: Bragg

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... significant failure of Australian economic policy," Bragg asserted. "It doesn't get many people off the pension; it costs the budget more than it saves and it reduces agency and individual choices." Since his maiden senate speech Bragg has advocated ...

Crestone warns on economic challenges

CHLOE WALKER  |  MONDAY, 23 MAY 2022
... outlook," the group said. For inflation, Crestone said that key questions will focus on the LNP's ability to control the budget, boost Australia's productivity growth, along with all the other factors that will contribute to keep inflation and interest ...

Government proposes further expansion of downsizer scheme

JAMIE WILLIAMSON  |  TUESDAY, 17 MAY 2022
... At present, the downsizer superannuation scheme is only available to those aged 65 years and over. In the 2021 Federal Budget it was announced that the eligibility age would be reduced to 60 from July 1. Now, if declared the winner on Saturday night ...