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Showing 351 - 360 of 2469 results for "Budget"

Australians lack confidence in retirement: SSGA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
A State Street Global Advisors (SSGA) Retirement Reality report has revealed a widespread lack of confidence in Australia's retirement system. Despite recent changes to the Australian retirement system, including the Your Future, Your Super (YFYS) ...

Sequoia FG revises profit expectations

JAMIE WILLIAMSON  |  MONDAY, 23 JAN 2023
... $4 million to $5 million. Today, the group said its EBITDA for 1H23 is now expected to be about $3.2 million, 40% below budget because of one-off issues. Within its licensee services division, the group has seen a delay in the recovery of claims cost ...

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... billionaires alone would raise $29.1 billion dollars annually. It said that this would be enough to increase the foreign aid budget by seven times, or dramatically reduce poverty in Australia. "Decades of tax cuts for the richest people and corporations ...

Australian equities to outperform in 2023: VanEck

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
Australian equities are set to battle the bearish storm ahead and outperform global equities this year, according to the fund manager. Recent analysis by VanEck shows Australian equities, as represented by the S&P/ASX 200, was one of the best-performing ...

Future Fund subsidiaries set to receive tax exemption

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... subsidiaries or the tax received by the Commonwealth over time. The measure was initially announced in the 2023/23 March Budget and is estimated to have no impact on receipts over the forward estimates period. The government is seeking comments on exposure ...

Financially stressed Aussies believe advice could improve well-being

CASSANDRA BALDINI  |  THURSDAY, 1 DEC 2022
... they felt financially stressed daily and 85% are worried about the impact of recent economic events on their household budget. According to the study, 72% of respondents believe advice would help them achieve their financial goals and 61% think advice ...

Affordable housing investments a win-win: ISA

ANDREW MCKEAN  |  WEDNESDAY, 23 NOV 2022
... inadequate incentivisation. Access to affordable housing is a preeminent concern for the federal government, in the Federal Budget it introduced a new national Housing Accord, promising to build at least 40,000 new affordable and social housing dwellings. ...

Cost of retirement in lockstep with inflation: ASFA

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
According to the Association of Superannuation Funds of Australia (ASFA), the amount needed for a comfortable retirement has risen again in the September quarter. The ASFA Retirement Standard September quarter 2022 figures show that couples aged around ...

The great wealth transfer at risk: Research

CHLOE WALKER  |  THURSDAY, 10 NOV 2022
Young Australians are putting billions of dollars of inheritance at risk with their current money management behaviours, according to new research from Findex. The research, commissioned by Findex, explored the spending, saving, and investing behaviours ...

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... energy company earnings. "This is evident in strong trade surpluses and contributed to a $48 billion improvement in the budget deficit last financial year and $42 billion this financial year," he commented. Oliver added this is helping reduce the budget ...