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Showing 311 - 320 of 1269 results for "Labor"

Record tax receipts, record outlays yet back to surplus

ALEX DUNNIN  |  TUESDAY, 2 APR 2019
... when the Abbott Government was elected in 2013, which in-turn was more than four times the $58 billion it was when the Rudd Labor Government was elected in 2007. Australia's Federal Budget is still 46% reliant on individual taxpayers, which is more ...

Don't expect super favouritism: Bowen

HARRISON WORLEY  |  MONDAY, 1 APR 2019
If Labor wins the upcoming Federal Election, don't expect the new Treasurer to go easy on underperforming funds - industry or otherwise. Speaking at an FSC BT Political Series lunch at Doltone House in Sydney last week, Shadow Treasurer Chris Bowen ...

ASIC dismisses Royal Commission insider trading reports

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... parliament there was no insider trading around the release of the Royal Commission's final report. This comes after the Labor party suggested insider trading was responsible for bank stocks rising immediately on the back of Kenneth Hayne's report. Senator ...

Frydenberg takes action on banning grandfathered commissions

HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
... financial services industry - benefit from the Government's banning of grandfathered conflicted remuneration. Frydenberg slated Labor's policy for dealing with conflicted remuneration and said it would have seen product manufacturers keep the money for ...

Macquarie axes SMSF residential property loans

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
... funded by the limited recourse borrowing arrangement between the SMSF and a related party, an associate to the fund. The Labor party have also indicated that they plan to effectively ban all new limited recourse borrowing arrangements in SMSFs if they ...

Franking changes feared by shareholders

HARRISON WORLEY  |  TUESDAY, 19 MAR 2019
Shareholders of a listed investment company fear Labor's proposed franking credit changes will hit them hard. The Australian Foundation Investment Company said a survey of its shareholders reveals they expect to be heavily affected by the changes to ...

Negative gearing reforms not a panacea: Poll

KARREN VERGARA  |  MONDAY, 18 MAR 2019
... affordability. Some 40% of respondents disagreed, saying the potential changes will make housing more affordable for Australians. Labor wants to limit negative gearing to new housing if it wins the next election in a bid to put "the Australian dream ...

Australia in effective recession: Academic

KANIKA SOOD  |  THURSDAY, 7 MAR 2019
Australia's 27-year-old track record of avoiding recession is coming to an end as yesterday's ABS numbers show the economy is already in effective recession, according to the University of New South Wales. Yesterday, the Australian Bureau of ...

Grandfathered commissions ban unconstitutional: Association

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2019
... directly out of clients' accounts and conveniently considered a 'fee for no service' payment, which is trash." Both the Labor and Liberal parties are drafting bills to push the ban through ahead of the Federal election in May at the expense of financial ...

SMSFA recognises member achievements

HARRISON WORLEY  |  MONDAY, 25 FEB 2019
... and said it had never held back from calling out poor policy, flagging the SMSFA's intention to continue battling against Labor's franking credit policy.