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Showing 301 - 310 of 535 results for "Opposition"

PJC blasts Trio follow-up

MELANIE TIMBRELL  |  WEDNESDAY, 16 MAY 2012
... failing to identify the fraud or act rapidly enough to shut it down and protect investors. Commenting on the findings, opposition senator Mathias Cormann said both regulatory bodies such as ASIC and APRA and criminal authorities such as the Australian ...

Australia's finely balanced $376bn budget

ALEX DUNNIN  |  WEDNESDAY, 9 MAY 2012
... that this financial year the budget deficit is $44 billion and in 2010-11 it was $48 billion, leading to claims by the Opposition it is artificial and reflects accounting tricks rather than economic policy as the budget needs to only be out by 0.4% for ...

No surprise in surprises

BENJAMIN ONG  |  TUESDAY, 24 APR 2012
... budget cuts to trim its 4.6% of GDP budget deficit forecast for 2013 to 3.0% as demanded by the European Commission. Opposition parties claimed it would be too rigorous for an already weakened economy to handle - GDP is expected to contract by 1% this ...

Industry rejects changes to super tax

MELANIE TIMBRELL  |  MONDAY, 23 APR 2012
Superannuation industry bodies have launched strident opposition to leaks revealing superannuation tax concessions will be impacted by the Government return to surplus. Tax concessions currently cost Treasury in the order of $30bn each year, with Labor ...

Speculation grows on super tax breaks

ALEX DUNNIN  |  FRIDAY, 20 APR 2012
Two days after opposition Treasurer Joe Hockey said in a landmark interview that Australia needs to end its cult of welfare entitlement, speculation is rising the government is considering a clampdown on untargeted superannuation tax concessions. On ...

Budget tightening to hit IMR

MELANIE TIMBRELL  |  WEDNESDAY, 11 APR 2012
... tax rules imposed on investment income, particularly in terms of residency, source and permanent establishment. The Opposition has claimed the delay in implementing the regime and recommendations from the Johnson Report is denying Australian fund managers ...

Business continues to resist 12pct SG

ALEX DUNNIN  |  TUESDAY, 3 APR 2012
... might have unsurprisingly welcomed the passing of the SG increase, but the business lobby is continuing to voice its opposition to what it sees as a de facto tax rise. Speaking on ABC radio last week, chief executive of the Australian Chamber of Commerce ...

Shorten demands clarity of stance on SG rise

MELANIE TIMBRELL  |  MONDAY, 26 MAR 2012
Minister for Financial Services Bill Shorten has hit back at the opposition leader's comments on the superannuation guarantee increase, asking for a clarification of position. Last week's passage of the minerals resource rent tax legislation with changes ...

Market Wrap - Morning

AAP  |  FRIDAY, 23 MAR 2012
... international markets overnight after unexpectedly weak euro zone economic data and disappointing Chinese figures. The federal opposition has vowed to repeal government legislation that imposes tougher rules on financial planners FRANKFURT - The worst ...

AFA hits out at ISN over deal allegations

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
... the final hours of FOFA and we have been speaking to all major stakeholders but more critically the Government, the Opposition and the Independents." The AFA has now hit out at Industry Super Network (ISN), claiming the organisation has had an "unfair ...