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Showing 21 - 30 of 37 results for "Government expenditure"

ASIC budget cuts revealed

MARK SMITH  |  TUESDAY, 12 MAY 2015
Government expenditure for the Australian Securities and Investments Commission (ASIC) is expected to fall by $18 million over the next three to four years, according to projections revealed in the budget. Expenditure is projected to be $350 million ...

Dear mom, all's good

BENJAMIN ONG  |  MONDAY, 11 MAY 2015
... going into reducing the debt and the deficit. "What we want to do is redeploy our savings and redeploy government expenditure into areas of growth in the economy". That's the Federal Treasurer Joe Hockey in black and white. And it gets better, better ...

Tax concession debate "simplistic": SMSF Association

MARK SMITH  |  MONDAY, 2 MAR 2015
... to government created by reducing people's reliance on the Age Pension. "Excluding the future savings to Government expenditure on the Age Pension results in a myopic and overly simplistic analysis of both the true costs of the superannuation tax concessions," ...

FEATURE: Guiding the way to aged care

LAURA MILLAN  |  FRIDAY, 1 AUG 2014
... dramatically in the future," Treasurer Joe Hockey said in April. Today, aged care is the eight largest part of government expenditure. "To put it in the simplest terms, we are spending money we don't have," Hockey said. The changes to the aged care rules ...

ASFA calls for lifetime contribution caps

MARK SMITH  |  THURSDAY, 3 JUL 2014
... that the system is successfully raising retirement incomes, increasing national savings and decreasing government expenditure on the Age Pension. According to the report, by 2026, a person who retires at the Age Pension qualifying age with an average ...

Budget speech 2014 -15

... Budget and a stronger economy. There is no easy way to repair the Budget. We have been at pains to reduce government expenditure without hurting the economy. Taxpayer spending needs to be reprioritised, where possible, into job stimulating investment ...

Treasurer readies electorate for Age Pension cuts

MARK SMITH  |  THURSDAY, 24 APR 2014
... spending cuts. At a cost of $40 billion per annum - or 10% of GDP - the Age Pension is the largest part of government expenditure; ahead of defense, hospitals and schools, Hockey said. Pointing out that only 14% of Australians over the age of 65 receive ...

Think tank calls to end super tax concessions

MARK SMITH  |  TUESDAY, 22 APR 2014
... of around 12% per annum. By this time superannuation tax concessions will be the single largest area of government expenditure. By comparison, the age pension currently costs $39 billion. According to the report, entitled Sustaining us all in retirement ...

One-third of US federal workers could retire

ALEX DUNNIN  |  THURSDAY, 29 AUG 2013
... federal employees are becoming eligible for retirement and spurred by expectations of a prolonged freeze in government expenditure due to the sequester, analysts are predicting many of these employees will retire. Illustrating the potential is that major ...

Liars' Club

BENJAMIN ONG  |  THURSDAY, 12 JUL 2012
... Also, data from the Office of National of Statistics show that instead of reduced government spending, government expenditure jumped by 7.9% in the year to May. I'm certain that our gentle readers could cite plenty more hands down. This is why I couldn't ...

Editor's Choice

REI Super chief executive steps down

ELIZA BAVIN
REI Super is farewelling its chief executive Jarrod Coysh, after more than seven years in the role.

Former Brighter Super investment lead plots return

MATTHEW WAI
After a six-month hiatus, former Brighter Super chief investment officer Mark Rider is returning to the superannuation industry, set to join another super fund next month.

CGT, negative gearing changes to become a law

RIDDHIMA TALWANI
The government's tax agenda announced in the Budget overhauling the capital gains tax (CGT) discount and negative gearing have now passed the Parliament and will become law.

BUSSQ beefs up cyber security oversight

MATTHEW WAI
The Queensland industry fund has welcomed a cyber security expert to its board of trustees, bolstering its oversight on heightened cyber security risk.

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