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Showing 11 - 20 of 114 results for "Receipts"

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... deliver essential services. Specifically, the government said its budget commitments were underpinned by allowing tax receipts and income support to respond in line with changes in the economy; limiting growth in spending until gross debt as a share ...

Government scraps legacy tax, super measures

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... the 2021-22 Budget will also be delayed until legislated. Treasury said making these changes is expected to increase receipts by $29.4 million and decrease GST payments to the states and territories by $4.1 million over the coming four years.

BlackRock shutters Russia ETF

JAMIE WILLIAMSON  |  FRIDAY, 5 AUG 2022
... ETF is expected to remain in existence until the end of the year to allow the fund to sell securities and depositary receipts, if conditions permit. If possible, it may be terminated sooner, BlackRock said. After December 31, the fund may be terminated ...

DTCC poaches longstanding BNY Mellon executive

CHLOE WALKER  |  TUESDAY, 26 APR 2022
... committee. Prior to that, La Salla was chief executive of Corporate Trust, which included responsibility for Depositary Receipts. He also previously served as chief executive of BNY Mellon's Alternative Investment Services and Structured Products business ...

Chi-X hires from ASX

ANNABELLE DICKSON  |  WEDNESDAY, 19 MAY 2021
... for improving the opportunities for Australian investors through Chi-X's product suite including Transferable Custody Receipts (TraCRs), Warrants and Chi-X Funds. He spent over seven years at the ASX, most recently as national business development manager ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
... domestic economic recovery is reflected in a stronger fiscal position, predominantly due to higher-than-expected tax receipts as well as lower-than-expected unemployment benefits." The government's underlying budget deficit might still be an eye-watering ...

No early super release for DV survivors

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... extend the early release of superannuation to family and domestic violence survivors. Scrapping the plan will decrease receipts by $110 million over the forward estimates period and payments by $27 million over the forward estimates period, as ATO funding ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... the 2020-21 Budget has primarily been driven by improvements in the economic outlook, including higher-than-expected receipts and a lower-than-expected number of people receiving the JobKeeper Payment. This has been partly offset by additional policy ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... $24.8 billion lower than forecast in 2020-21 and $0.6 billion lower in 2021-22." "This would result in a decrease in tax receipts of around $2.6 billion in 2020-21 and, due to the timing of company tax collections, a decrease of around $3.7 billion in ...

Need to recalibrate the fiscal strategy: Frydenberg

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
... grow more slowly, reflecting lower profits and economic activity and, consistent with previous downturns, corporate tax receipts will recover more slowly than the broader economy. "This is because businesses are able to deduct losses that occur during ...