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Showing 191 - 200 of 427 results for "Federal budget"

Decumulation will drive investment focus shift: AXA IM

EMMA RAPAPORT  |  TUESDAY, 20 JUN 2017
... increasing their asset allocation to domestic real assets in the form of real estate and infrastructure post the Federal Budget's emphasis on building infrastructure. The same number say they believe real assets will offer the strongest growth in the ...

Stamp duty axing treated with caution

EMMA RAPAPORT  |  FRIDAY, 2 JUN 2017
... coupled with the tax concessions offered as part of the first home savers initiative announced in last month's Federal Budget, willing parents can work together with their children to conceive of a long-term savings plan. "A number of our client's with ...

Just what the doctor ordered

BENJAMIN ONG  |  FRIDAY, 2 JUN 2017
... feeling the impacts of the exiting auto industry more acutely. Strong overseas competition remains evident and the Federal Budget has caused some unease. Slower retail conditions are also having some negative impacts for manufacturers, while slow capital ...

Super reforms hit parliament

EMMA RAPAPORT  |  MONDAY, 29 MAY 2017
A Bill containing key amendments to the 2016 Federal Budget including changes to transition to retirement pensions and pooled super trusts has been tabled in parliament. According to IOOF's head of technical services Martin Breckon, the amendments are ...

Treasury responds to ABA derision over bank levy

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
... statement would be made available when the draft legislation is tabled, citing the inclusion of the levy in the Federal Budget followed thorough development as part of normal budget processes. "Through those processes, careful consideration was given ...

Banks hoping to stall new tax

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2017
... four banks have called for the Government to hold off on implementing the proposed levy announced in last week's Federal Budget. In submissions to Treasury, both ANZ and Commonwealth Bank identify significant risks to Australia's economic and financial ...

First home buyers: Devil is in the detail for super funds

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
... they say will help young people to get a foothold in the property market. The scheme, announced as part of the Federal Budget on Tuesday night, will allow first home buyers to use up to $30,000 of voluntary superannuation contributions, plus the earnings ...

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 ...