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Showing 161 - 170 of 248 results for "Superannuation tax"

Tax cap reform bill released

ALEX DUNNIN  |  TUESDAY, 14 OCT 2014
... placing too much money into superannuation as a tax arbitrage and as a de facto measure to control growing superannuation tax subsidy costs. However, these tax rules also catch-out people in their pre-retirement savings life who are trying to catch-up ...

FSI questions viability of franking credits

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
... graph demonstrating that almost 40% of super tax exemptions went to the top income decile. "To credibly promise superannuation tax concessions in retirement and an adequate Age Pension for those who will need it in the future, a strong Government balance ...

Treasurer signals major superannuation shake up

ALEX DUNNIN  |  TUESDAY, 20 MAY 2014
... of major changes to superannuation regarding the preservation age and possibly adjusting aspects of how the superannuation tax subsidies operate reinforce how in changing the age pension entitlement rules and its indexing arrangements the Abbott government ...

Think tank calls to end super tax concessions

MARK SMITH  |  TUESDAY, 22 APR 2014
Australia's superannuation tax concession is too generous towards the wealthy and should be scrapped before it becomes an expensive drag on the country's finances, according to new research from the Australia Institute. The think tank said that tax ...

SPAA urges concessional cap rethink

MARK SMITH  |  FRIDAY, 14 FEB 2014
... typically have a greater financial capacity to save for retirement later in life, the opportunity to do so." On superannuation tax concessions, SPAA advocates that its fiscal cost be considered in the context of the three pillar retirement income system ...

Super subsidies cost $32bn: Treasury

ALEX DUNNIN  |  FRIDAY, 31 JAN 2014
... welfare payments, Treasury has released its 2013-14 Tax Expenditures Statement (TES) that confirms the cost of superannuation tax subsidies is $32 billion. The TES is produced each year and is designed to measure the fiscal cost of Australia's complex ...

Bravura signs second SuperStream client

JAMES FERNYHOUGH  |  TUESDAY, 13 AUG 2013
... market at the end of last year. Earlier this month Babel was certified by the Australian Tax Office to lodge superannuation tax file number integrity check (Super TIC) transactions. Jason Tong, chief operating officer, APAC, Bravura said: "We are delighted ...

Bravura gets go-ahead for Super TIC app

JAMES FERNYHOUGH  |  THURSDAY, 8 AUG 2013
Bravura Solutions Limited has been certified by the Australian Tax Office to lodge superannuation tax file number integrity check (Super TIC) transactions through its Babel financial messaging application. Super TIC allows funds to validate a member's ...

Election too close to call

MARK SMITH  |  MONDAY, 5 AUG 2013
With Treasurer Chris Bowen's campaign influencing declaration that a re-elected Labor government wouldn't make any significant changes to policy affecting the nation's superannuation savings still being digested by conference delegates, the Financial ...

Labor pledges five-year freeze on super tax

MARK SMITH  |  THURSDAY, 1 AUG 2013
... on there won't be the annual speculation in the media about what an annual budget might or might not do to superannuation tax. What has come to be seen as regular changes under governments of all persuasions has been undermining confidence and certainty ...