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Showing 181 - 190 of 225 results for "Treasurer Jim Chalmers"

Budget cuts advisers' power bills, admin burden

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... introduced, which includes buffering the rising costs of power bills and reducing administration burdens. Federal treasurer Jim Chalmers announced that the Small Business Energy Incentive will help about 3.8 million small- and medium-sized enterprises ...

Labor cracks down on unpaid super

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... as a proportion of superannuation raised, and the amount of super distributed within a year. Meanwhile, treasurer Jim Chalmers flagged "modest, but meaningful revenue measures" like tightening superannuation tax concessions for wealthy Australians. The ...

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... in 15 years, but structural deficit challenges continue to pose a threat to long-term fiscal stability. Treasurer Jim Chalmers touted the surplus and smaller deficits compared with recent budgets. "We are now forecasting a small surplus in 2022-23 which ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... crackdown on protecting investors against investment scams and other misconduct from product issuers. Federal treasurer Jim Chalmers bolstered ASIC enforcement activity against greenwashing in the sustainable investing sector, pledging $4.3 million for ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
... alignment with our broader sustainable finance objectives and what our market and regulator needs." Recently, Treasurer Jim Chalmers announced the government will co-fund the initial development phase of an Australian Sustainable Finance Taxonomy, in ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... employees to keep track of their payments, and harder for them to be exploited by disreputable employers," Treasurer Jim Chalmers said. "The change will particularly benefit those in lower paid, casual and insecure work who are more likely to miss out ...

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... inflation for services also increased to 6.1% from 5.5% in the December quarter, the highest level since 2001. Treasurer Jim Chalmers said the latest ABS data confirms that inflation has passed its peak and is beginning to moderate. While inflation is ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... Bank of Australia (RBA) yesterday, which made 51 recommendations including the creation of a dual board, Treasurer Jim Chalmers appointed Ross and Rubin each for a five-year term to replace outgoing members Wendy Craik and Mark Barnaba. "They will help ...

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... to aligning the new measure to existing superannuation and taxation laws as much as possible," she said. Treasurer Jim Chalmers floated the changes in late February to bring the headline tax rate to 30% from 15% for superannuation balances greater than ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... favour of external members to reduce influence of internal members, the review reads. It's expected that treasurer Jim Chalmers will name two external board members today. Interestingly, it's been recommended that the governor not chair the Corporate ...