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Showing 241 - 250 of 5383 results for "Federal"

Payday super on track, but so is the $3m super tax

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... collections, higher contributions due to the strength in employment and an increase in tax from earnings on investments," Federal Budget documents state. In addition, the government confirmed payday super reforms are on track to start from 1 July 2026 ...

New tax cuts for every Australian 'a complete joke': UNSW

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
Treasurer Jim Chalmers has kicked off the 2025-26 Federal Budget by declaring that cost-of-living pressures are "front and centre," unveiling two surprise tax cuts for all Australian taxpayers. From 1 July 2026, the 16% tax rate, which applies to taxable ...

Chalmers' warning on tariffs and trade wars

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
Treasurer Jim Chalmers said the global economy is "volatile and unpredictable" when unveiling the Federal Budget tonight - highlighting the threat of a global trade war. "The 2020s have already seen a global pandemic, global inflation and the threat ...

Government looks to bolster TPB, tax compliance

JAMIE WILLIAMSON  |  TUESDAY, 25 MAR 2025
... strengthen the sanctions available to the Tax Practitioners Board (TPB) to protect consumers against misconduct. As part of the Federal Budget, the Albanese government is enhancing sanctions the TPB can impose, modernising the registration framework ...

Government makes record commitment to Medicare

MATTHEW WAI  |  TUESDAY, 25 MAR 2025
Handing down the Federal Budget, Treasurer Jim Chalmers said the government is reducing all prescriptions available through the pharmaceutical benefits scheme (PBS), as well as investing a "record" $7.9 billion in Medicare to lift bulk billing rates. ...

Non-compete, restraint clauses to be outlawed

JAMIE WILLIAMSON  |  TUESDAY, 25 MAR 2025
... $175,000. They will also not be able to exploit loopholes that block staff from joining competitors. Announced as part of the Federal Budget for the impact it's expected to have on wages, non-compete clauses will be banned where they "have no justification ...

What to expect in the 2025 Federal Budget

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
Treasurer Jim Chalmers will present the 2025 Federal Budget tonight, with years' worth of deficits expected to be revealed as well as ongoing cost-of-living relief. The ongoing cost-of-living relief is expected to take front and centre, especially as ...

Tranche 2 is coming before the election: Jones

ELIZA BAVIN  |  WEDNESDAY, 19 MAR 2025
... Jones said Tranche 2 has been a priority for the government and they want to ensure everything is in place before the federal election, and before Jones retires from politics. "We will have the draft legislation - or the next tranche of draft legislation ...

Active Super fined $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... ESG credentials purported to eliminate investments in Russian companies and others involved in mining and tobacco, the Federal Court determined this morning. Justice O'Callaghan said it is not disputed that the super fund's "contraventions were ...

Falcon Capital, First Guardian Master Fund set for liquidation

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... manager to director David Anderson's personal property. The regulator has put into motion the applications to the Federal Court while it continues to investigate allegations against the parties that allegedly failed to manage conflicts of interest. ...