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Showing 331 - 340 of 421 results for "Federal budget"

Super at the edge of abyss: ASFA

RUTH LIEW  |  THURSDAY, 4 JUN 2009
It's time to buck up as Australian's superannuation industry hovers at the edge of an abyss following the Federal Budget's cuts to super and a preliminary report of the Henry Tax Review, warned a key industry association. Pauline Vamos, chief executive ...

Fed's unfunded liabilities balloon to $80bn

ALEX DUNNIN  |  THURSDAY, 28 MAY 2009
... accumulating assets faster than anticipated, currently only holds $58 billion for a shortfall of 28 per cent. The federal budget deficit expected to remain in deficit for the most of the coming decade makes it unlikely that the government will be able ...

Unions attack retirement age change

ALEX DUNNIN  |  MONDAY, 25 MAY 2009
... not rejecting the government's fiscal argument outright about rising longevity putting increasing strains on the federal budget, the Unions argue the bigger problem is the health of their members and whether they physically can extend their working lives. ...

Pension age lift under fire

ALEX DUNNIN  |  FRIDAY, 15 MAY 2009
... complained. But its announcement to marginally lift the pension preservation age is creating a furore. In Tuesday night's Federal Budget, the government confirmed that due to increasing longevity the pension preservation age would progressively lift ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 13 MAY 2009
The Australian share market was more than half a per cent lower at noon, as the markets digested the federal budget handed down on Tuesday night. At 1200 AEST, the S&P/ASX200 index was 34.9 points lower, or by 0.9 per cent, at 3842.3, while the broader ...

Super escapes budget knives

ALEX DUNNIN  |  WEDNESDAY, 13 MAY 2009
Generally positive reactions by wealth managers to the second Rudd-Swan federal budget indicate the industry increasingly knows its place in the political landscape. Driving the mooted reaction is how kind the Treasurer Wayne Swan was to the superannuation ...

Goldilocks Budget 2009

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2009
Most Australians by now would be suffering from Budget diarrhea. For there is no escape...everywhere you turn, it's Budget 2009 - the second for the Rudd Government and the first in contemporary Australian history of a tough one. Those were the days. ...

Market Wrap - Midday

AAP  |  TUESDAY, 12 MAY 2009
... The Australian share market was more than 1.5 per cent lower at noon in quiet trading ahead of Tuesday night's federal budget. At 1200 AEST, the S&P/ASX200 index was 64.1 points lower, or by 1.63 per cent, at 3861.9, while the broader All Ordinaries ...

Tonight's the night

BENJAMIN ONG  |  TUESDAY, 12 MAY 2009
... or clicking their mouse have, in one way or another, come across leaks and leaks of leaks of the form tonight's Federal Budget would take. And this happens every year. But does the Budget really matter that much? Of course it does. It lays out the government's ...

Market Wrap - Morning

AAP  |  TUESDAY, 12 MAY 2009
... The Australian share market is expected to open weaker after a fall on Wall Street, before attention turns to the federal budget due on Tuesday night. At 0714 AEST on the Sydney Futures Exchange, the June share price index contract was 51 points lower ...