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Showing 191 - 200 of 420 results for "Federal budget"

LRBA loophole for SMSFs removed

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
... contributions caps through the use of limited recourse borrowing arrangements under new Budget measures. Announced in the Federal Budget this week, from 1 July 2017, the outstanding balance of a limited recourse borrowing arrangement (LBRA) will now ...

Advice associations respond to Federal Budget

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2017
... its stance that superannuation should not be made accessible to first home buyers. Under proposals made in the Federal Budget delivered last night, first home buyers will be able to salary sacrifice super contributions from 1 July to be used as a first ...

Federal Budget is a Ginger Spice

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
The Government has handed down a "Ginger Spice" rather than a "Scary Spice" of Budgets this year, according to IOOF head of technical services Martin Breckon. Explaining himself, Breckon said the Budget appeared to be designed to avoid any comparisons ...

Tax relief for merging super funds extended

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... extended until 1 July 2020 in an effort to minimise barriers to sector consolidation. As announced in this years' Federal Budget, relief will be available to superannuation funds to transfer capital and revenue losses to a new merged fund, and to defer ...

Tax breaks delivered to first home buyers

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... First home buyers will be given greater opportunities to own their own home under a new savings plan in the 2017 Federal Budget. From 1 July 2017, first home buyers will be allowed to make voluntary contributions of up to $15,000 per year and $30,000 ...

What the 2017 Budget means for you

DARREN SNYDER  |  TUESDAY, 9 MAY 2017
The entire wealth management and financial services sector will be impacted by the 2017 Federal Budget, a document that's received mixed reviews and needs caution in its digestion. Financial advisers will face several challenges as they attempt to navigate ...

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... additional contribution from our major banks and will assist with budget repair by at least $1.5 billion per year," Federal Budget documents read. To enable the introduction of the levy, the Australian Competition and Consumer Commission will undertake ...

Downsizing measures present advice opportunities

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... measures for retirees wishing to downsize the family home. It also presents a number of advice opportunities. The Federal Budget proposes that Australians choosing to downsize their residence could contribute up to $300,000 from the sale of their home ...

Infrastructure receives $75 billion boost

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... the private sector to help deliver "more innovative ways" to boost infrastructure funding. Delivering the 2017 Federal Budget, Treasurer Scott Morrison said the Government is expanding into equity and debt financing to "augment" its infrastructure spending ...

Treasurer opens the way for increased infrastructure spending

EMMA RAPAPORT  |  FRIDAY, 28 APR 2017
... pressures in the housing market." Financial Standard will be releasing a special online newsletter following the Federal Budget on May 9. Click here to subscribe to the newsletter.