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Showing 231 - 240 of 427 results for "Federal budget"

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. ...

Deloitte super plan could save budget $6bn

DARREN SNYDER  |  MONDAY, 26 OCT 2015
... current tax incentives for super contributions are weighted towards the better off, yet the reformed plan would see a federal budget saving of about $6 billion in 2016-17 alone. "Because this is a change to the taxation of contributions - when the money ...

Super tax reform on hold for election

DARREN SNYDER  |  WEDNESDAY, 23 SEP 2015
... they are not sustainable. "Tax concessions for superannuation are the fastest growing tax concession in the entire federal budget. "With an aging population, a growing proportion of the population will move into the retirement phase, that is, the phase ...

Give first home buyers access to super: CEDA

LAURA MILLAN  |  TUESDAY, 1 SEP 2015
... significant with an increasing number of people living in poverty in retirement and unsustainable fiscal pressure on the Federal Budget." A report by CEDA in April found that as many as 1.5 million Australians live in poverty and the elderly, particularly ...