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Showing 231 - 240 of 662 results for "expenditure"

Big data's big retirement benefits

DARREN SNYDER, STEPHEN FAY  |  MONDAY, 28 MAY 2018
... than its generic answers to core retirement questions such as "how much do I need", saying that the use of either expenditure data trends or public government data provided scope to perform micro-simulation and adjust forecast earning needs more accurately. ...

Amnesty granted to employers with unpaid SG

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
... ensure that the cap on tax-free retirement phase assets cannot be circumvented through the use of non-arm's length expenditure or certain strategies using limited recourse borrowing arrangements (LRBAs)," the Government said.

What the 2018 Budget means for you

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... well-versed outcome in 2019-20. Squeezing down the current deficit is that between 2017-18 and 2021-22, government expenditure is projected to jump 17% or $77 billion from $459.9 billion to $537.3 billion while receipts are projected to jump $109 billion ...

Budget big picture: Surplus on radar

ALEX DUNNIN  |  TUESDAY, 8 MAY 2018
... Morrison, in his third Commonwealth Budget reports that government receipts rising 8.6% during 2017-18, compared to expenditure rising 4.7%, leaves Australia with an annual deficit of $18.2 billion and on its way to a modest $2.2 billion surplus by 2019-20. ...

Budget paves way for retirement income framework

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... Pension if she runs out of money, so she only withdraws the minimum amount from her account each year, forgoing certain expenditure for fear of running out of money. With planned reforms and under the retirement income covenant, the trustee of BestSuper ...

Retirement spending declines faster than believed: Research

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
... four years early in their retirement. However, once they hit 80, their spending decelerated rapidly as their food expenditure - the largest component of essential spending - declined steeply. Even healthcare spending dipped at this point. Discretionary ...

Chief economist update: Not as good as it gets

BENJAMIN ONG  |  MONDAY, 30 APR 2018
History was made when North Korean supremo Kim Jung-un took one step south of the Korean DMZ (demilitarised zone) to shake hands with his southern counterpart, South Korea president Moon Jae-in. An epic in itself, it invalidates Rudyard Kipling's (re-phrased) ...

SMSFs investing restrictions unfair: Poll

KARREN VERGARA  |  MONDAY, 16 APR 2018
... recourse borrowing arrangement in their total superannuation balance, and the other ensures that non-arm's length expenditure is taken into account when determining whether the non-arm's length income taxation rules apply to a transaction. These measures ...

Royal Commission could lead to credit crunch: UBS

ALEX BURKE  |  WEDNESDAY, 28 MAR 2018
... scenarios could emerge. The first, the report explained, is that assessed household income is reduced and the household expenditure measure (HEM) increases over time. As a result of this, "the banks move towards responsible lending over time and the ...

MyRetirement products too pricey for super funds

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
... MyRetirement (CIPRs) products may not be due to a lack of initiative from superannuation funds but rather reluctance around expenditure. A running point of discussion at the recent Conference of Major Superannuation Funds was an idea the industry is ...