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Showing 191 - 200 of 248 results for "Superannuation tax"

Politics around LISC heats up

ALEX DUNNIN  |  MONDAY, 17 SEP 2012
The politics around around superannuation tax expenditures looks set to heat up with Superannuation Minister Bill Shorten last week saying he will defend low income tax benefits and The Australia Institute saying the top end of town should be targeted ...

Shorten defends low-income super contribution

MELANIE TIMBRELL  |  FRIDAY, 14 SEP 2012
Amid speculation that some parts of the super tax system may be called on to fund recent health and education projects, Minister for Financial Services Bill Shorten has declared the rebate for low-income earners safe. The Labor scheme, announced in ...

Greens propose scaled super contribs tax

ALEX DUNNIN  |  WEDNESDAY, 12 SEP 2012
... discounted scale based on a fund members' marginal tax rates. The proposal follows emerging debate about the cost of superannuation tax subsidies to the Commonwealth budget and whether it is excessive given other government funding priorities. In a statement ...

Untargeted tax subsidies inept

ALEX DUNNIN  |  MONDAY, 20 AUG 2012
... more you contribute the more support from tax subsidies you receive, it explained. Despite the huge cost of superannuation tax subsidies, the proportion of people receiving no age pension income support is only expected to climb to slightly more than ...

Untargeted tax subsidies inefficient

ALEX DUNNIN  |  THURSDAY, 16 AUG 2012
... more you contribute the more support from tax subsidies you receive, it explained. Despite the huge cost of superannuation tax subsidies, the proportion of people receiving no age pension income support is only expected to climb to slightly more than ...

Coalition releases super manifesto

ALEX DUNNIN  |  WEDNESDAY, 20 JUN 2012
... back to 9% as favoured by business lobby groups. Senator Cormann's statement implies he believes removing a superannuation tax concession is akin to increasing taxes. He also signalled that anti-competitive practices in the retail and intermediary sector ...

Australia's finely balanced $376bn budget

ALEX DUNNIN  |  WEDNESDAY, 9 MAY 2012
... further squeeze first home buyers. With 44% of budget revenues coming from individual taxpayers, the high end superannuation tax changes and cancellation of the corporate tax cut are expected to have minimal electoral impact for an already unpopular ...

Less tax appeal for high income earners in super

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
High-income earners are set to see superannuation tax concessions cut in next week's budget. The move to increase tax on concessional contributions to 30% is likely to affect the approximately 128,000 Australians who earn more than $300,000 a year. ...

Industry rejects changes to super tax

MELANIE TIMBRELL  |  MONDAY, 23 APR 2012
Superannuation industry bodies have launched strident opposition to leaks revealing superannuation tax concessions will be impacted by the Government return to surplus. Tax concessions currently cost Treasury in the order of $30bn each year, with Labor ...

Speculation grows on super tax breaks

ALEX DUNNIN  |  FRIDAY, 20 APR 2012
... cult of welfare entitlement, speculation is rising the government is considering a clampdown on untargeted superannuation tax concessions. On Wednesday night on ABC's Lateline program he said, "We are all living longer, and the longer we rely on government ...