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Showing 171 - 180 of 214 results for "Super tax"

Greens propose scaled super contribs tax

ALEX DUNNIN  |  WEDNESDAY, 12 SEP 2012
... tax rate, superannuation taxation on contributions should operate at a discount to marginal tax rates. "Pegging the super tax concessions at 15% below the marginal tax rate is one sensible option that we've had costed by Treasury. But we're open to looking ...

AMP: Govt rules dent super confidence

BEN COLLINS  |  FRIDAY, 11 MAY 2012
... vehicle for long-term saving," said Dunn. The Federal Government announced earlier this week that it will reduce the super tax concession for taxpayers earning over $300,000 from 30% to 15%. While the measures are aimed at ensuring equality for all investors ...

Industry rejects changes to super tax

MELANIE TIMBRELL  |  MONDAY, 23 APR 2012
... Four industry bodies hit back on Friday in a joint statement aimed at a Government commitment to rule out changes to super tax, saying the proposals would impact confidence in the super system and compromise the stability of Australians in retirement. ...

Speculation grows on super tax breaks

ALEX DUNNIN  |  FRIDAY, 20 APR 2012
Two days after opposition Treasurer Joe Hockey said in a landmark interview that Australia needs to end its cult of welfare entitlement, speculation is rising the government is considering a clampdown on untargeted superannuation tax concessions. On ...

ASFA, FSC applaud passing of SG rise

CLAIRE MCGREAL  |  TUESDAY, 20 MAR 2012
... paves the way for the gradual SG rise to 12 %, as an "historic" day for Australians. The legislation also provides for a super tax rebate for low-income earners, which the Association of Superannuation Funds of Australia (ASFA) said will improve fairness ...

Super tax subsidies don't favour the rich: Mercer

ALEX DUNNIN  |  TUESDAY, 14 FEB 2012
... for child care support and family benefit payments and superannuation becoming effectively tax free through the Better Super tax reforms of 2007. Dr Knox said rising life expectancy will add to the government's funding requirements for age pensioners. ...

Cutting super tax breaks unwise: SPAA

CLAIRE MCGREAL  |  TUESDAY, 7 FEB 2012
The Self Managed Super Fund Professionals' Association of Australia has weighed into the industry debate on the Greens' call to raise the superannuation tax for high income earners. Green leader Bob Brown yesterday proposed a scaled tax on super contributions ...

Super tax concessions in spotlight

MELANIE TIMBRELL  |  MONDAY, 30 JAN 2012
A new government roundtable will see industry groups argue tax concessions are the only way Australians will fully fund their own retirement. Treasurer Wayne Swan and Minister for Financial Services and Superannuation Bill Shorten announced the Superannuation ...

PM: Labor taking reform road on super

CLAIRE MCGREAL  |  MONDAY, 5 DEC 2011
... financial advice. We'll give simple low fee super accounts to every worker who needs one," said Gillard. "We'll distribute super tax concessions more fairly so that all Australians benefit. And just this week we announced the abolish of the age cap for ...

SG rise through House of Representatives

CLAIRE MCGREAL  |  WEDNESDAY, 23 NOV 2011
... extra $108,000 in retirement savings. Revenue from the mining tax will also be used to support a low-income earners super tax rebate, which the government maintains will amount to $900 million a year. The Australian Institute of Superannuation Trustees ...