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Showing 221 - 230 of 420 results for "Federal budget"

Super flagged to repair Australia's budget

DARREN SNYDER  |  WEDNESDAY, 30 MAR 2016
The Committee for Economic Development of Australia (CEDA) has put forward five options for repairing the federal budget balance by 2018, two of which centre around superannuation taxes. CEDA's first budget repair option includes a progressive super ...

Adequacy benchmark to help define super

DARREN SNYDER  |  WEDNESDAY, 16 MAR 2016
... the age pension to provide retirement income." He said mounting speculation about quick fix super changes in the federal budget leaves the AIST disappointed. "There can be no debate that some reform is needed, but we do not support short-sighted policy ...

Reducing concessional contribution caps would hurt: SMSFA

DARREN SNYDER  |  THURSDAY, 3 MAR 2016
... super contribution cap from $30,000 to $20,000 a year as part of changing the superannuation tax mix in this year's federal budget. Slattery said the government needs to step in now and rule out speculation that a lowering of the current cap is being ...

Rice Warner puts its case for budget changes

DARREN SNYDER  |  THURSDAY, 11 FEB 2016
... consultant Rice Warner has called on Treasury to reconsider three superannuation initiatives it put forward for the 2015 federal budget, alongside a raft of other proposed changes in 2016. Rice Warner would still like to see super funds offer joint accounts ...

Industry bodies attack SG freeze speculation

MARK SMITH  |  FRIDAY, 5 FEB 2016
... Council (FSC) said any plans to reduce the savings of middle Australia will increase long term pressure on the federal budget. "Future generations should not bear the cost of short term budget decisions." FSC chief executive Sally Loane said. "Stopping ...

ISA says 15pct tax rebate no good

DARREN SNYDER  |  THURSDAY, 4 FEB 2016
... guarantee to 12% and pushing a 20% rebate on marginal tax rates for super contributions would have no effect on the federal budget - and a 15% rebate would. ISA said the 15% idea would do nothing to rectify the disparity in tax concessions received by ...

SMSFs to remain popular despite political uncertainty

DARREN SNYDER  |  WEDNESDAY, 3 FEB 2016
... time after your fund balance hits $200,000." With the expectation of more changes to superannuation in the May federal budget, Philpot said now was a good time to review personal super arrangements and make sure individuals make the most of current rules. ...

Ageing Australia will impact budget for next decade

DARREN SNYDER  |  FRIDAY, 29 JAN 2016
... ageing population and the associated pressures on health funding are expected to place significant tolls on the federal budget over the next decade according to a Treasury official. Secretary to the Treasury, John Fraser told the Sydney Institute yesterday ...

FSC calls for 22% company tax

MARK SMITH  |  MONDAY, 18 JAN 2016
... away by bracket creep." The FSC said another benefit of a lower company tax rate of 22% will be a reduction in the federal budget's reliance on corporate tax. The OECD average reliance on company tax is 8%, while Australia's is more than 18%. A lower ...

20pct tax rebate is budget neutral: FSC

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
... guarantee to 12% and pushing a 20% rebate on marginal tax rates for super contributions would have no effect on the federal budget. This is according to the latest modeling from PwC prepared for the Financial Services Council (FSC), released yesterday. ...