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Showing 11 - 20 of 46 results for "May budget"

Ho ho hum MYEFO

BENJAMIN ONG  |  TUESDAY, 19 DEC 2017
... difference is that this is the first time in years that the MYEFO budget aggregates forecasts were revised higher from the May Budget. Australian financial markets showed little, if at all, reaction to the MYEFO reveal. The Australian dollar rose by ...

Banks narrowly avoid parliamentary inquiry

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
... to give up. The Turnbull government has long resisted a Royal Commission into the banks, instead announcing in the May budget a $6.2 billion bank tax, $1.1 million to Treasury to oversee the timely implementation of A More Accountable and Competitive ...

Housing is cooling

BENJAMIN ONG  |  TUESDAY, 16 MAY 2017
... by banks lifting mortgage rates. These, along with additional restrictions on the property market announced in the 9 May Budget, point to further slowing in the property market going forward. Federal Treasurer Scott Morrison announced measures against ...

Housing crisis takes emotional toll on Gen X

EMMA RAPAPORT  |  TUESDAY, 18 APR 2017
... deposit. A stream of articles and opinions appear daily in the national press, and politicians are weighing in before the May budget. The idea has been largely criticised by Australia's superannuation industry. Despite the doom and gloom, the survey ...

Home deposits unwelcome in super

DARREN SNYDER  |  THURSDAY, 23 FEB 2017
... Earlier this week Federal Treasurer Scott Morrison said the government is likely to address housing affordability in its May Budget, and there have been several suggestions about how to deliver the best outcome. New South Wales Minister for Planning ...

FSC proposes Budget fixes to boost fin services exports

STAFF WRITER  |  WEDNESDAY, 10 FEB 2016
The Financial Services Council (FSC) has called on the Commonwealth Government to to use its May Budget to implement the 2009 Johnson Review recommendations to bolster the export of Australian financial services. Andrew Bragg, FSC Director of Policy ...

SMSFs to remain popular despite political uncertainty

DARREN SNYDER  |  WEDNESDAY, 3 FEB 2016
... of current rules. He does caution against borrowing to make large non-concessional contributions to super before the May budget, particularly given the borrowing is not tax deductible. "However, saving in super is a good idea, and if people are in a ...

FSC calls for 12% super by 2022

MARK SMITH  |  THURSDAY, 6 AUG 2015
... with adequate savings. "The Government's commitment to no negative changes to super tax, and not touching super in the May Budget has been a welcome reprieve after years of tinkering." She also called on the Government and the Opposition to commit to ...

Now for Australia's debt surge

BENJAMIN ONG  |  THURSDAY, 16 APR 2015
... remains less than half the measured mood 12 months ago. Now comes this... and just in time for the coming "boring" May Budget. This piece written by Jacob Greer in the Australian Financial Review (AFR) headed, " Australia has world's worst debt trajectory ...

Market wrap

AAP  |  MONDAY, 30 MAR 2015
... weaker, after reports of a federal government plan for a bank deposits insurance levy, which could be unveiled in the May budget. "That would be, no doubt, a factor in why they're lower today," he said. Commonwealth Bank had lost $1.40 to $92.94, National ...