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Showing 301 - 310 of 650 results for "salary"

Government funds ATO superannuation taskforce

DARREN SNYDER  |  TUESDAY, 29 AUG 2017
... legislation already announced to close a legal loophole used by unscrupulous employers to short-change employees who make salary-sacrifice contributions to their superannuation. The package reflects key recommendations in the final report of the SG Cross-Agency ...

Super FUM up 10pct to $2.3tn

ALEX DUNNIN  |  THURSDAY, 24 AUG 2017
... contributions skyrocketed 45% compared to employer-paid contributions that increased only 3.5%. Superannuation guarantee and salary sacrifice contributions meanwhile increased 6.5% and 7% respectively. Benefit payments increased 15% to $74.5 billion ...

Government cracks down on salary sacrifice loophole

EMMA RAPAPORT  |  FRIDAY, 14 JUL 2017
... Federal Government will take action to close a loophole that allowed employers to short-change employees who chose to make salary sacrifice contributions to their superannuation accounts. The move follows the release of a Superannuation Guarantee Cross-Agency ...

Females dominating non-concessional contributions

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2017
... typically more likely to make additional contributions as they're nearing retirement and are probably earning a higher salary with greater capacity to save as they're unlikely to have dependents, Murphy added. Sunsuper executive general manager, customer ...

Review life insurance ahead of super reforms: BT

KARREN VERGARA  |  TUESDAY, 6 JUN 2017
... super can be claimed as a tax deduction, regardless of where income is sourced. "While the tax benefits are the same as salary sacrificing, having access to this option will allow employees to fund insurance using pre-tax dollars, when they are not able ...

Change of pace for Countplus

JAMIE WILLIAMSON  |  WEDNESDAY, 31 MAY 2017
... Matthew Rowe's finalised employment contract was disclosed, showing that he has agreed to serve a five-year term for a salary of $410,000 plus superannuation - a lower base than previously paid. The Countplus board also explained that Rowe has become ...

Advisers doubtful over super home deposit scheme

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
... enough for most home deposits in major cities, she warned. According to her analysis, a person earning $70,000 a year and salary sacrifices $10,000 per annum over three years in pre-tax income is in danger of not reaching the $30,000 target. Caputo said ...

Praemium chief executive takes back company

ALEX BURKE  |  MONDAY, 15 MAY 2017
... currently subject to change, are: a base remuneration of $400,000 plus statutory superannuation; a bonus of 30% of base salary based on achievement of budgeted earnings before interest, tax, depreciation and amortisation up to a maximum of 50% based ...

Advice associations respond to Federal Budget

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2017
... to first home buyers. Under proposals made in the Federal Budget delivered last night, first home buyers will be able to salary sacrifice super contributions from 1 July to be used as a first home deposit. FPA chief executive Dante De Gori said while ...

Employers urged to fund workers' financial advice

KARREN VERGARA  |  FRIDAY, 7 APR 2017
... enough money to live comfortably in retirement is a top financial concern. Employees, particularly for those on a lower salary, also reported low levels of confidence in their health insurance (33%), life and accident insurance (30%) and retirement savings ...