Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 271 - 280 of 353 results for "Levy"

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 ...

SPAA approves government's response to Trio reports

LAURA MILLAN  |  TUESDAY, 30 APR 2013
... financial losses because of the misconduct or insolvency of an AFS licensee, and that the compensation should be funded by a levy imposed on that sector of the industry where the misconduct occurred," SPAA director education and Professional Standards ...

Use super to help pay health costs: CEDA

ALEX DUNNIN  |  WEDNESDAY, 17 APR 2013
... "introducing pre-funding for healthcare costs by quarantining a portion of the Superannuation Guarantee rate, or increasing the Levy, so that approximately 3% [of wages] is set aside to cover healthcare costs". Rohan Mead, Australian Unity group managing ...

Market Wrap

AAP  |  FRIDAY, 5 APR 2013
... disappointing report on US jobless claims, which unexpectedly rose 28,000 to 385,000 for the week ending March 30. David Levy of Kenjol Capital Management said the market had lacked direction in recent days, rising one day and falling the next. "The ...

Reignited euro crisis prompts gold rush

MARK SMITH  |  MONDAY, 25 MAR 2013
... reporting that a draft deal has been reached on how to manage Cyprus' debt problem. Initial reports suggest that a significant levy on deposits over a,-100,000 in Cypriot banks are part of the plan. Cyprus needs to raise a,-5.8 billion ($7.2 billion) ...

No Grexit, no Cyprexit

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2013
... commented that she was in favour of modifying the deal. That's why Brussels had agreed for Cyprus to adjust the '(in)stability levy' anyway they want...as long as Cyprus come up with their a,-5.8 billion share. Goliath's starting to blink 'ey? So what ...