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Showing 271 - 280 of 358 results for "Levy"

Abbott's PPL scheme to cost retirees $1.6 billion in hidden tax

JAMES FERNYHOUGH  |  THURSDAY, 22 AUG 2013
... paid parental leave (PPL) scheme, it has emerged. The Coalition has said it will, in part, pay for the PPL through a 1.5% levy on business earnings of $5 million or more. In order to fill a shortfall in funding, the Coalition has said that this levy ...

Abbott to announce levy details next week

AAP  |  WEDNESDAY, 7 AUG 2013
... leader Tony Abbott admits proposed business tax cuts for some companies will be offset by the coalition's paid parental leave levy. But Abbott says most will still be better off. Abbott has confirmed a coalition government will cut the company tax rate ...

FSC denounces lost super threshold rise

JAMES FERNYHOUGH  |  MONDAY, 5 AUG 2013
... in a 'Superannuation Holdings Account', and remain available to the superannuant. As with the government's plan to put a levy on bank deposits, funds received through this new policy will boost the budget balance sheet. However, they will not actually ...

Market Wrap PM

AAP  |  FRIDAY, 2 AUG 2013
... going and get." The big four banks were all trading higher, after falling on Thursday amid speculation of a bank deposit levy. Commonwealth Bank was 52 cents higher to $73.64, NAB was 25 cents higher at $30.98, ANZ had gained 35.5 cents to $29.75, and ...

Bank levy upsets senior lobby

JAMES FERNYHOUGH  |  FRIDAY, 2 AUG 2013
Lobby group National Seniors Australia have criticised the government's plan to put a 0.05% levy on bank deposits in 2016, saying it will force pensioners into riskier investment alternatives. National Seniors Australia chief executive Michael O'Neill ...

Taxes, levies and fees

BENJAMIN ONG  |  FRIDAY, 2 AUG 2013

Market Wrap AM

AAP  |  FRIDAY, 2 AUG 2013
... Australia, the market on Thursday edged higher despite the negative impact of speculation banks could be hit with a deposit levy. Reports the federal government wanted banks to pay a deposit insurance levy resulted in a panicked sell-off among the big ...

AMP, MLC impose Stronger Super levy

JAMES FERNYHOUGH  |  MONDAY, 15 JUL 2013
Retail superannuation providers AMP and MLC are the first retail super funds to signal that they will charge members a levy to pay for expenses related to the government's Stronger Super regime. The news came when MLC sent out a letter to advisers warning ...

Budget 2013-14 wrap up

ALEX DUNNIN  |  WEDNESDAY, 15 MAY 2013
... headlines for the sector are that the superannuation changes announced on 5 April 2013 have been confirmed, the Medicare levy will increase by 0.5% from next year to offset the cost of National Disability Insurance Scheme (NDIS), some future tax cuts ...

Financial markets give the budget a big yawn

BENJAMIN ONG  |  WEDNESDAY, 15 MAY 2013
... wrong with that - some of the budget measures were, in fact, commendable. But aside from the 0.5% increase in the Medicare levy, the Gonski education reforms, and DisabilityCare - all locked in - almost everything else is up on the air and given the ...