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Showing 11 - 20 of 37 results for "Government expenditure"

Budget big picture: Surplus on radar

ALEX DUNNIN  |  TUESDAY, 8 MAY 2018
... modest $2.2 billion surplus by 2019-20. Squeezing down the 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 ...

Government debt on its way to $606bn

ALEX DUNNIN  |  TUESDAY, 9 MAY 2017
... 2021 is projected to break $606 billion. Squeezing down the deficit is that between 2016-17 and 2020-21 government expenditure is projected to jump 18% or $74 billion from $444.5 billion in 2016-17 to $518.9 billion while receipts are projected to jump ...

Australia ranks sixth in global pension survey

KERRIE SYDEE  |  THURSDAY, 21 JUL 2016
... highlighted Australia's generous social security benefits as an 'achilles heel' because of their impact on government expenditure and capacity to add to the national deficit. Performing well in life expectancy and health expectancy per capita, Australia ...

Budget big picture

ALEX DUNNIN  |  TUESDAY, 3 MAY 2016
... 25.8% of GDP shows how addicted Australia has become to big government - not since the early 1980s has government expenditure been consistently less than 24% of GDP. By comparison the Whitlam government's 19% of GDP expenditure seems positively austere. ...

Actuaries re-enter super housing debate

DARREN SNYDER  |  MONDAY, 14 MAR 2016
... easier for them to downsize. The Institute noted that the paper "was not primarily concerned with reducing government expenditure on age-related services, though that is likely to be an outcome."

Retirement income goal would solve super's issues: CSRI

DARREN SNYDER  |  MONDAY, 7 MAR 2016
... financial risks; providing certainty with necessary safeguards; and contributing to the sustainability of government expenditure.

Industry bodies attack SG freeze speculation

MARK SMITH  |  FRIDAY, 5 FEB 2016
... would not only reduce retirement incomes of the majority of older Australians, but also lead to increased government expenditure on the Age Pension in the near future. Currently, the SG is scheduled to increase from 9.5% to 10% in 2021, and then incrementally ...

Seniors react to Commission's retirement housing idea

DARREN SNYDER  |  WEDNESDAY, 2 DEC 2015
... equity stored in family homes to defray ageing costs. "The paper is not primarily concerned with reducing government expenditure on age related services although that is likely to be an outcome," Nance said. "The recommended policy changes aim to remove ...

Seniors weigh in on national tax discussion

DARREN SNYDER  |  FRIDAY, 2 OCT 2015
... reality, superannuation is boosting incomes and lifestyle standards in retirement at a relatively low cost to government expenditure. When both super tax concessions and availability of the Age Pension are taken into account, government assistance for ...

Aussie pension policy needs careful adjustment: IMF

DARREN SNYDER  |  THURSDAY, 1 OCT 2015
... inconceivable that our public policy measurements do not attempt to capture the value of the reduction of future government expenditure created by the concessions," Slattery said. She said the TES currently uses a comprehensive income tax benchmark that ...