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Showing 271 - 280 of 1553 results for "Offset"

Federal Budget delivers nothing on climate

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAR 2022
... spend in the coming year, and to help meet cost of living pressures, Frydenberg also announced a $420 cost of living tax offset that should apply to 10 million Australians per government estimates. However, when it comes to renewable energy and climate ...

Millions to receive tax offset

TOM WATSON  |  TUESDAY, 29 MAR 2022
Over 10 million Australians are set to benefit from an additional one-off $420 tax offset from July this year following an announcement outlined in today's Budget. Billed by the federal government as a 'cost of living tax offset', the reduction ...

Cash bonus and fuel excise cut

TOM WATSON  |  TUESDAY, 29 MAR 2022
... one-off, $420 'cost of living tax offset' from July this year. Over 10 million taxpayers are in line to receive the offset which will add on to the existing low and middle income tax offset (LMITO). That means that those earning between $37,001 ...

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... coming year. With cost of living pressures being felt around the country, Frydenberg announced a $420 cost of living tax offset for more low-and-middle income earners, which the government estimates should apply to 10 million Australians. "Individuals ...

Accountants lobby for 10 budget reforms

ELIZABETH MCARTHUR  |  MONDAY, 28 MAR 2022
... pressures. It just makes sense," he said. Other suggestions from the accountants are that the low- and middle-income tax offset and instant asset write off provisions should be extended; the 'temporary' shortcut method of claiming work from home expenses ...

Biden signs executive order on digital assets

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
... Electricity Consumption Index. Meanwhile, recent insights from NFT Club suggest 1.37 trees would need to be planted to offset just one non-fungible token sale. The order also supports the development of a central bank digital currency, which the Federal ...

Millions of trees needed to offset NFTs

ELIZABETH MCARTHUR  |  THURSDAY, 3 MAR 2022
... significant environmental impact. A new calculator launched by NFT Club revealed it would take almost four million trees to offset the carbon emissions of the world's largest NFT collection. It takes 1.37 trees to offset one NFT sale, this would mean ...

Insignia loses self-employed advisers

KARREN VERGARA  |  THURSDAY, 27 JAN 2022
... quarter, funds under administration increased by $4.2 billion to $227 billion because of market performance ($5bn). This was offset by pension payments ($730m) and outflows ($69m). Fund under management reached $98.8 billion, comprising market gains ...

Investors dig deeper for alternative assets

KARREN VERGARA  |  TUESDAY, 18 JAN 2022
The hunt for yield has prompted investors to turn to new asset classes within the alternatives sector, according to Preqin. Disappointing returns from traditional assets such as office, retail and industrial have also forced investors to look to other ...

IFM Investors PE portfolio carbon neutral

CHLOE WALKER  |  TUESDAY, 11 JAN 2022
IFM Investors' is celebrating having achieved carbon neutrality across its entire private equity portfolio. The portfolio's status is fully certified by Climate Active, which represents the Australian government's certification standard, IFM Investors ...